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...Making Puer tea as internationally renown as Roquefort cheese could expand China's tea exports while adding a bit of luster to a food industry infamous for its health scandals. But building a Puer brand will depend on getting control of a market riddled with imposters, financial speculation and controversies...

Author: /time Magazine | Title: Puer Tea: China's Next Hot Commodity? | 8/25/2009 | See Source »

...Obama's ambitious plans will ultimately depend on politics, and most scientists are about as adept at Beltway Kabuki as most politicians are at freezing atoms. Chu has already created a miniflap by telling reporters it wasn't his job to badger OPEC about oil prices, and he has struggled to explain why he once called coal a "nightmare." Several of his scientific initiatives have stalled on Capitol Hill, victims of lackluster salesmanship. He got his unofficial welcome to politics in February, during a tour of the University of Pennsylvania's operations facility, when a snippy Vice President Joe Biden...

Author: /time Magazine | Title: Can Steven Chu Win the Fight Over Global Warming? | 8/23/2009 | See Source »

...economics depend on what kinds of consumers bought the JetBlue pass. Historically, the period between Labor Day and Thanksgiving is slow for JetBlue and many other airlines. In this economy, business will probably be even slower. If the deal spurs new travel, and revenue, during a time when seats would otherwise remain empty, JetBlue will make out just fine. Airlines incur some extra service costs if more people pile onto a plane: about a third of the fuel costs, says Mann, depend on the number of passengers and pieces of luggage on board. But most of the major costs...

Author: /time Magazine | Title: Twittering Over JetBlue's All-You-Can-Jet Pass | 8/20/2009 | See Source »

...Whether or not this happens, the landmark settlement may be a turning point for the Swiss banking sector, which can no longer depend on the promise of secrecy to draw in clients, says Stéphane Garelli, a professor of world competitiveness at the Institute of Management Development in Lausanne. "There is no doubt that this is the beginning for Swiss banks, because they now have to rely more on the professionalism and services than on some specificity of Swiss law, such as the banking secrecy," he says. "Now it is time to turn the page and to focus...

Author: /time Magazine | Title: Can Swiss Banks Thrive After the UBS-U.S. Deal? | 8/20/2009 | See Source »

Hayden and Michael Chertoff, the former Secretary for Homeland Security, argued that unless Congress empowers the intelligence services to hire more fulltime staff, they will continue to depend heavily on contractors. Both said they had reduced the number of contractors employed by their respective agencies, but said that was to streamline operations, not a reflection of any misgivings about the use of outsiders. "It was about government inefficiency, not contractor inefficiency," said Hayden...

Author: /time Magazine | Title: Officials Defend CIA's Use of Contractors | 8/20/2009 | See Source »

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