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...like a hawk today. The first impression that many people get is that the retail business is OK because Wal-Mart is doing so well. But, Wal-Mart is the exception to the rule. Sam Walton's company continues do well because its tremendous buying power, distribution, and brand allows it to attract customers who get relatively high quality products for very little money. Its success removes a great deal of the foot traffic from the rest of the industry. (See pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: Looking Again at the Fate of the Retail Industry | 3/10/2009 | See Source »

...Under the charade that we ourselves are a secular democracy, we condemn groups that adhere to a brand of democracy that—like ours—is not quite “secular.” And, in order to prevent religious parties from coming to power, we enable far greater evils, such as sustaining dictators like Egypt’s Hosni Mubarak. The result is that we fail both to suppress religious groups and to promote democracy; religious groups merely become more popular, and Mubarak tightens his restrictions on freedoms. Yet our narrow mindset leads us to continue...

Author: By Nafees A. Syed | Title: In God We Trust | 3/10/2009 | See Source »

...yesterday at NCAA Northeast Regionals, hosted by MIT. Though no official selections have been made, the Crimson could send as many as nine fencers to NCAAs in two weeks. “I think we have achieved what we set out to do,” Harvard coach Peter Brand said. “It’s all ended up pretty much the way we anticipated things [would] end up. We’re looking for a positive outcome in the selection process, which will be announced on Tuesday.”The No. 4 women?...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Crimson Performs Well at Regionals | 3/9/2009 | See Source »

Easter Eggs. If you're planning to spend Easter in England, check out the Andaz, Hyatt's new brand, which is offering a stay at its Liverpool Street location, near Liverpool Street Station, for the cost of a chocolate Easter egg in Britain: 2.75 pounds ($4). Each week, starting March 10, the hotel will release a few rooms into the reservations system, which are available for stays between April 9 and 14. Hop to it! 40 Liverpool Street, London...

Author: /time Magazine | Title: Across the Board, Luxury Travel Is on Sale | 3/9/2009 | See Source »

...Qasab's tale. In 2007 the Rand Corp. suggested that such groups as Pakistan's Sufi-influenced Barelvi sect - which does not have a jihadist bent - be encouraged in order to combat extremism. But since the anti-Soviet war, Wahhabi groups, drawing their influence from Saudi Arabia's austere brand of Islam - together with the Wahhabis' South Asian counterparts, the Deobandis - have gained ground in Pakistan. Soheil decries the Wahhabi focus on jihad. "Here we teach peace and love in the way of the Prophet," he says. "The problem is that the common people are not literate, so when...

Author: /time Magazine | Title: The Making of a Mumbai Terrorist | 3/8/2009 | See Source »

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