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...associated with him. Kibaki won 62% of the votes. He hopes to woo back disgruntled donors, who have frozen hundreds of millions of dollars earmarked for Kenya, by rooting out corruption - within 12 hours of the inauguration a policeman was arrested for taking a $1.20 bribe from a bus driver. That's a symbolic move; it will be much harder for Kibaki to go after the powerful, moneyed and corrupt. If he does, donor money will help pay for free primary school education and better access to health care. "Kibaki has promised to declare his wealth. That...

Author: /time Magazine | Title: A Second Chance for Kenya | 1/5/2003 | See Source »

...There is nothing in it for big companies like Glaxo," says Colin Isaac, an analyst with J.P. Morgan. "Bayer is No. 18 in terms of sales but in terms of profitability they are 43." Small size is not an issue in the marriage of Pfizer and Pharmacia. The main driver for their merger is that Pfizer lacks blockbusters in its pipeline. By buying another giant, Pfizer gets the benefit of Pharmacia's R and D infrastructure while trimming costs by eliminating back-office duplication. "You get commercial intensity because you end up with a larger sales force and more strength...

Author: /time Magazine | Title: Who'll Swallow Bayer? | 1/5/2003 | See Source »

Behind the wheel of the family's beige Windstar minivan, Rowley is the first to admit, she is an aggressive driver, passing slower-moving cars on a two-lane highway at every chance. It's hard to tell her exact speed, since the speedometer is broken. The needle swings between 70 and 100 m.p.h., even when she's braking. Every now and then, Rowley pounds the dashboard above the gauges. "This is what Ross does," she says with a shrug...

Author: /time Magazine | Title: Coleen Rowley: The Special Agent | 12/30/2002 | See Source »

...buyers have always added features, a major profit driver for automakers and customizing shops that garners an estimated $26 billion-plus in sales each year. Gary Cowger, president of GM North America, says the trend toward personalization is evident in sales of the Hummer H2, a favorite of affluent baby boomers. Sales of accessories like running boards, brush guards and roof racks are "much better than we expected," he says...

Author: /time Magazine | Title: Have It Your Way | 12/23/2002 | See Source »

...desire to rethink the American love affair with the sport-utility vehicle (SUV), which accounts for 27% of new-auto sales. A national television ad campaign will be launched in January linking gas guzzlers to the war on terror. One commercial opens with an image of an SUV driver pumping gas, followed by stock footage of a terrorist training camp. The closing text reads, "What is your SUV doing to the world?" The two 30-second spots are the project of Laurie David, wife of comedian Larry David, along with political pundit Arianna Huffington and others. The campaign, written...

Author: /time Magazine | Title: Big-Tire Backlash | 12/23/2002 | See Source »

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