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...this a newly minted version of the classic Macy's vs. Gimbel's rivalry? "It's absolutely a battle," says Steven Keith Platt of the Platt Retail Institute, an industry think tank in Hindale, Ill. "They're both going after the same market--the female. She controls the purse strings." Both chains dismiss the notion of a retail slugfest. But it is clear that each chain is borrowing a page from the other's business model. For example, 22 of the 25 stores that Penney opened in the third quarter were situated in very Kohl's-like locales, a different...

Author: /time Magazine | Title: The Fight For the Middle | 12/11/2006 | See Source »

...This continues to be an extremely complex investigation, and detectives are pursuing many lines of inquiry," said a police spokeswoman. Litvinenko's excruciating and sinister death and the swirl of international politics around it make this a case worthy of John le Carré, but as the police insist, the classic questions of any murder inquiry still apply: Scotland Yard, in short, is looking for motive, means and opportunity...

Author: /time Magazine | Title: Crime: The Spy Who Knew Too Much | 12/10/2006 | See Source »

...time she turns 13 in February, Dakota Fanning will have appeared in 16 movies. Her two latest--an adaptation of the children's classic Charlotte's Web, in theaters this month, and the gritty indie Hound Dog, which will screen at the Sundance Film Festival in January--represent opposite ends of the young star's growing oeuvre. Fanning told TIME's Rebecca Winters Keegan about enduring her awkward stage, tackling grownup themes and selling Girl Scout cookies...

Author: /time Magazine | Title: 10 Questions for Dakota Fanning | 12/10/2006 | See Source »

Historically, Starbucks has done a great job at balancing new ideas with efficiency, says Frances Frei, a professor at Harvard business school who has studied the company. A classic example: the way it trains us to order in Starbucks jargon, grande this and half-caff that. Serving tens of thousands of possible drink combinations would be an operational nightmare were it not for a regimented logic to ordering, a marketing flourish that helps establish the atmosphere of an Italian café. "The fight in any company is [that] marketing wants more things for the customer and operations wants less," says Frei...

Author: /time Magazine | Title: The Big Gulp at Starbucks | 12/10/2006 | See Source »

...Literature Leo Damrosch, was a creative thesis titled “’If Answerable Style I Can Obtain...’: An Analysis and Account of Illustrating Paradise Lost” — a film noir-style graphic rethinking of John Milton’s classic poem, which won Chiang a summa cum laude reading and a Hoopes Prize. Damrosch remembers Chiang as one of his all-time favorite students because of his “no bullshit” attitude and self-confidence, he says. Not knowing how to apply his joint degree, Chiang applied...

Author: By Jillian J. Goodman, CONTRIBUTING WRITER | Title: Alum Goes from Harvard Yard to Gotham City | 12/7/2006 | See Source »

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