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Things were not looking good for R.G. Barry Corp., and that was before the plant manager was taken hostage. The $125 million company in Pickerington, Ohio, has been making Dearfoams slippers--sold mostly in department stores like J.C. Penney, Sears and Wal-Mart--since 1947. With the son of a founder presiding as chairman for 40 years, the company peaked in the mid-'90s with sales of $150 million and its stock price at $25. By mid-2003, Barry had lost $20 million, sales were plummeting, its stock was at $2.08, and it was in default on a $10 million...

Author: /time Magazine | Title: A Shoemaker Gets a Makeover | 5/24/2007 | See Source »

...firm, Connetics Corp., offered two free samples to the Harvard researcher and wanted to negotiate a long-term sample-sharing arrangement...

Author: By Nicholas M. Ciarelli and Daniel J. T. Schuker, CRIMSON STAFF WRITERSS | Title: Tear Down This Wall? | 5/23/2007 | See Source »

...Pravin put enormous pressure on himself to be a success. Smita came from a middle-class family far wealthier than his own. Her father had been an operator at India's National Thermal Power Corp., a job that paid well and enabled him to give all his four daughters a good education. Pravin wanted to keep Smita the way her father had. His motorbike, a black-and-gold 97-cc Hero Honda Splendor Plus, cost him just over $1,000, a fortune considering he made just a few hundred dollars a year. "I told him it was not affordable...

Author: /time Magazine | Title: Seeds of Despair | 5/17/2007 | See Source »

Cordiner's brainstorm began in 2002 as a pilot project in Cambodia, Laos and Vietnam for the International Finance Corp. (IFC), an arm of the World Bank that provides advice and backing for start-ups. The idea, says Cordiner, 57, was to simplify life for both hoteliers, who need business, and travelers, who want a reliable way to book ahead. A Worldhotel-link.com franchise partner in each destination city provides English-language content for the site and makes sure mouse clicks to the booking engine translate into rock-solid reservations. In some cases, that means a dash down the street...

Author: /time Magazine | Title: Len Cordiner | 5/11/2007 | See Source »

That is no majority--one key difference between the Murdochs and the Bancrofts. A bigger difference is that Murdoch has treated News Corp. not as a trust but as a vehicle to get richer and more powerful. From one newspaper in a provincial Australian city, he has built a global empire that now encompasses 20th Century Fox, MySpace and the Times of London. The man has shown a remarkable ability to sniff opportunity where others don't. But he is 76, he won't be around forever, and it's hard to say what News Corp. will...

Author: /time Magazine | Title: Murdoch vs. Family-Owned Newspapers | 5/10/2007 | See Source »

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