Word: electricizers
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where full-year profits fell 59% in 2003, and operating profits in major shareholder François Pinault's luxury-goods businesses dropped 19%. Meanwhile, PPR rival LVMH announced 2003 operating profit increases of 21% at Christian Dior Couture. Let the logo wars begin. Offshoring? Maybe Next Year The U.S...
Doctors have long thought the placebo effect is all in the head, and it turns out they may be right. Using functional magnetic resonance imaging, which captures differences in blood flow in the brain, researchers have produced the strongest evidence yet of how the placebo effect works. In a study...
The first time I heard a Neubauten song, I was scared out of my wits—their 1985 album, “Halber Mensch,” opened with a maelstrom of shrieking in semi-decipherable German. Einsturzende Neubauten’s new album Perpetuum Mobile is mellower. While...
Old Chinese bomb factories rarely die. They just become car plants. At least that's what has happened at Qin Chuan in the northern city of Xi'an. The aging state-owned enterprise, which a decade ago made 130-mm artillery shells, now houses assembly lines that stamp out a...
With the government still holding many of the strings in China's economy, it is hard to predict when the problems of excess capacity will boil over. While overheated, China's economy isn't close to collapse. Whatever happens, the country will surely remain heavily dependent on exports. Currently the...