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...awakening from these Beijing dreams was as rude as it gets. As of April 15, the Shanghai Composite Index has slumped 46% from its Oct. 16 peak. The global credit crunch, the staggering U.S. economy, and China's efforts to tame inflation and cool unsustainably fast economic growth teamed up to quash investor enthusiasm for China stocks, Olympics or no Olympics. But might there still be a lingering chance that the Games will give China's economy a shot of adrenaline and lift stocks later this year? Many investors have heard of the "January effect." Is there an "Olympics effect...

Author: /time Magazine | Title: Fool's Gold | 4/17/2008 | See Source »

What is your favorite fast food? -Andy S. White, Schodack, N.Y.There isn't a fast food that I don't like, really. [Laughs...

Author: /time Magazine | Title: 10 Questions for Rachael Ray | 4/17/2008 | See Source »

Vodka, like liquid kudzu, just seems to grow and grow, especially in the U.S., where sales have expanded 35% since 2002. Russians still account for nearly half of the 1.22 billion gal. (4.6 billion liters) consumed annually, but the rest of the world is catching up fast, and global growth prospects are huge, especially for so-called premium vodkas. "There was no way that an ambitious company like Pernod Ricard could pass up an opportunity to acquire Absolut, even though it has cost them dear," says senior drinks company analyst Jeremy Cunnington of Euromonitor International...

Author: /time Magazine | Title: Stiff Drink | 4/17/2008 | See Source »

...process is that it's consistent, it's repeatable, and it's predictable. Innovation is a failure and risk-management game. If you're running a good innovation strategy and process, you have way more failures than successes. So what you want to do is fail early and fail fast and fail cheap...

Author: /time Magazine | Title: Making P&G New and Improved | 4/17/2008 | See Source »

...album’s most problematic song (though arguably a success as a musical version of conspicuous consumption). Clocking in at 11 minutes and 11 seconds of monochromatic ambient noise, it soothes like much of the rest of the album, but it’s difficult to resist the fast-forward button after a didactic five minutes leaves listeners with nothing to look forward to beyond six more of the same.“Saturdays=Youth” is a triumph in the way Gonzales probably intended it to be. It’s a fractured, uneven work, with vaguely...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: M83 | 4/17/2008 | See Source »

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