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...hoteliers pretty much ended a year ago. But the industry went into a real dive this past fall with occupancy rates dropping 6.5% in October and another 10% to 12% in November, estimates Smith Travel Research. "It's like someone has taken the punch bowl away," says Peter Yesawich, CEO of Y Partnership, and a travel industry consultant...

Author: /time Magazine | Title: Hotels Try to Adapt to Hard Times | 12/17/2008 | See Source »

...difficult to find a company of Apple's caliber whose fortunes are so closely tied to the health of its CEO. Apple is Jobs and Jobs is Apple. Unless he makes a public appearance, it's likely that the news will continue to hammer Apple's stock, which took a beating Monday after analysts downgraded it. (It dropped more than 2.5% within a few hours of the announcement.) A report by the NPD Group, which tracks retail sales, showed that Apple store sales declined 1% in November compared with a year ago, even at a time when PC sales increased...

Author: /time Magazine | Title: Why Is Steve Jobs Skipping MacWorld? | 12/16/2008 | See Source »

...suspect the people who, years ago, were working on quantum mechanics never had in mind that they would provide the BlackBerry, the cell phone, my iPod or what have you," said Norman Augustine, a former president and CEO of security firm Lockheed Martin, who attended Monday's meeting in Princeton. But today, he says, that research has paved the way for work in manufacturing, maintenance, marketing and sales - a clear sign that the benefits of basic science extend beyond the lab. "This is about jobs, and it's about jobs for everyone," Augustine said...

Author: /time Magazine | Title: Democrats Vow to Push a Science Agenda | 12/16/2008 | See Source »

...that the environmental community is pleased with President-elect Barack Obama's newly appointed green team would be an understatement. "You see this smile on my face?" asked Paul Woods, CEO of the biofuel start-up Algenol, giving a tour last week of one of his firm's field laboratories in Florida. "It's not going away. Everyone is really excited by this...

Author: /time Magazine | Title: High Hopes for Obama's Green Dream Team | 12/16/2008 | See Source »

...willingness to compromise. In the heated world of education politics, that was the clearest message coming from President-elect Barack Obama when he tapped Chicago Public Schools CEO Arne Duncan to become the next Secretary of Education. (See Obama's other Cabinet picks...

Author: /time Magazine | Title: Will Arne Duncan Shake Up America's Schools? | 12/16/2008 | See Source »

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