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...president of Orbitz.com Sands, 37, is taking the Chicago-based travel website global. The marketing exec was tapped for the top job when travel and real estate services giant Cendant bought Orbitz late last year. His first international step will be letting customers use foreign credit cards to book online, especially Europeans eager to travel to the U.S. because of the weak dollar. Sands also plans to roll out foreign-language sites and use Cendant's long-standing relationships with hotels and time shares overseas to give Americans more options. --By Barbara Kiviat

Author: /time Magazine | Title: People to Watch in International Business | 1/23/2005 | See Source »

...labels have been desperate to sign him, though Oberst (who founded his own label, Saddle Creek) has resisted on the quite correct grounds that they would force him to stick to writing heartbreaking love songs (preferably ones that could be sold for romantic-comedy sound tracks). Oberst deserves some credit for clinging to his idealism. He deserves even more for making sure his new albums are sold separately...

Author: /time Magazine | Title: Music: Indie Rock's Dark Prince | 1/23/2005 | See Source »

...restructuring has been accompanied by a palpable new attitude in the University Hall toward engaging with students—as Mahan put it, an attitude of “working closely with students and ensuring access to the highest levels of administration.” To Gross’ credit, he has proven himself very capable of delegating without sacrificing his close connection to the student body. He has been praised consistently from student leaders campus-wide for his candor, concern, and genuine willingness to listen. As long as Gross remains so, his administrative additions must be understood as just...

Author: By The Crimson Staff, | Title: Restructuring Redux | 1/19/2005 | See Source »

...appreciate. China has given 22 of its cities and provinces the right to approve overseas investments of up to $200 million without consulting Beijing. Last month, the China Development Bank even issued a $10 billion loan to telecom-equipment maker Huawei to promote its international operations?a line of credit more than five times greater than the overseas investments of all Chinese companies last year...

Author: /time Magazine | Title: China's Going-Out Party | 1/17/2005 | See Source »

...more in student loans than their counterparts of a decade ago, according to the Center for Economic and Policy Research. In TIME's poll, 66% of those surveyed owed more than $10,000 when they graduated, and 5% owed more than $100,000. (And this says nothing about the credit-card companies that bombard freshmen with offers for cards that students then cheerfully abuse. Demos, a public-policy group, says credit-card debt for Americans 18 to 24 more than doubled from 1992 to 2001.) The longer it takes to pay off those loans, the longer it takes twixters...

Author: /time Magazine | Title: Grow Up? Not So Fast | 1/16/2005 | See Source »

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