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...Wells Fargo gave up on the brokerage business." He's talking aloud to himself, which is fine, because this is just a warm-up for the barrage of instant analysis he is about to unleash. Cramer's knack for quick distillation enabled him to build a fortune as a fast-trading hedge-fund manager in the '90s. Now he's using the same reflexes to resuscitate ratings at the financial cable station CNBC, whose fortunes deflated with the Internet bubble...

Author: /time Magazine | Title: Stock-Raving Mad | 8/8/2005 | See Source »

...missing men, and the good news spread quickly. The Navy sent several PT boats to rescue the marooned sailors, and Gasa and Kumana went along for the ride. "As we left Rendova, the Marines began singing 'Jesus loves me, this I know,'" recalls Gasa. "The PT boat was so fast it felt as if we were flying in the air." Six days after their ordeal began, the sailors were plucked from the island...

Author: /time Magazine | Title: A Friend in Deed | 8/8/2005 | See Source »

...early hours of August 2, 1943, the American patrol torpedo boat PT 109, skippered by John F. Kennedy, was running slowly on one engine - to avoid detection - in the Blackett Strait, off Kolombangara Island. Its mission, like that of other PT boats, was to harass a fast-moving convoy of Japanese supply ships. On a moonless night, with little warning, Kennedy's 25-m wooden boat was rammed by the Japanese destroyer Amagiri. PT 109 burst into flames, two men were killed, and the 11 surviving crew members had to abandon the boat. Four hours later, after swimming almost...

Author: /time Magazine | Title: A Friend in Deed | 8/8/2005 | See Source »

With more than 120 fast-food chains clogging commercial arteries in the U.S., is there really room for another? Paul House, president of the quietly expanding Tim Hortons restaurant chain, thinks so. Since Wendy's International bought the Canadian institution in 1995, Tim's (as the chain is often called) has opened more than 250 stores in the U.S., and it plans to double that number by 2008. "We would like to become the biggest brand in the U.S.," House avows...

Author: /time Magazine | Title: Biz Briefs: Hortons' Hole in One | 8/7/2005 | See Source »

...FAST-TRACK NEW PRODUCTS...

Author: /time Magazine | Title: Lessons: Maytag's Blues | 8/7/2005 | See Source »

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