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...small town is quaintly restored, but the economy is sagging. Fires and drought have put an end to much of the hiking and whitewater rafting, restaurants are laying off staff, and many tourists have canceled trips. While the rest of the country keeps a nervous eye on the Dow Jones industrial average, everyone in Durango follows cubic-feet-per-second flow rates on the two local rivers. Both are running at one-fifth their normal levels for this time of year. "It will take two to three years to get out of the hole we are in now," says...

Author: /time Magazine | Title: The New Dust Bowl | 9/16/2002 | See Source »

...Whitestrips for tooth brightening have helped Crest global sales grow 50% in the past two years--a surge unheard of for such a big, mature brand. That kind of innovation has sent P&G's profits into double-digit growth and made the company the best performer on the Dow Jones this year, rising 14%, to nearly $90 a share...

Author: /time Magazine | Title: A Healthy Gamble | 9/16/2002 | See Source »

With no previous mediation experience, Feinberg settled Agent Orange--a decade-long case pitting veterans against Dow Chemical, Monsanto and the U.S. government over the use of a toxic defoliant in Vietnam--in six weeks. Soon other judges and lawyers were asking him to step between warring parties, and in cases ranging from the faulty birth-control device Dalkon Shield to asbestos exposure, Feinberg got the job done, more or less inventing the field of mass tort mediation as he went along. "The secret to Ken's success," says a judge who has worked with Feinberg on a number...

Author: /time Magazine | Title: The Special Master: Holding the Checkbook | 9/9/2002 | See Source »

...With the DOW edging above 9000 last week, stock investors are feeling a sense of relief. Whether or not we have hit bottom, the substantial rise in prices offers a chance to breathe. You can now look at your portfolio as a whole and cover your bases--not just for future growth but for future safety...

Author: /time Magazine | Title: Safer than Stocks and Bonds | 9/2/2002 | See Source »

Natural materials are all the rage. Cargill Dow, a joint venture by the agricultural giant (Cargill) and the chemical company (Dow), is manufacturing biodegradable and recyclable plastics from corn sugars. The company already makes environmentally friendly packaging for Sony products and pillow stuffing for Pacific Coast Feather. "Our fate is tied to how many products we can make from renewable resources," says chief technology officer Patrick Gruber. The company opened a $300 million facility in Blair, Neb., last year that makes packaging material, plastic cups and film wraps...

Author: /time Magazine | Title: New War on Waste | 8/26/2002 | See Source »

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