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...following years he transformed it into a vast corporate empire of 120 companies that generate revenue of some €30 billion, employ around 100,000 people and range in concerns from generic-drug maker Ratiopharm to Germany's biggest cement maker, HeidelbergCement. An unassuming lawyer, he was Germany's fifth richest individual and 94th on Forbes' list of the world's richest people, with a net worth estimated at nearly €7 billion ($9.2 billion...

Author: /time Magazine | Title: Financial Casualty: Why Adolf Merckle Killed Himself | 1/6/2009 | See Source »

...says. "We view preschool children as being at true risk - sharing food, having messy hands. There are many reactions that occur from those kinds of exposures," he says. "I think that having peanut-free preschools is a totally reasonable, justifiable thing to do." For children in the fourth or fifth grade, however, he says minor precautions like specialized seating arrangements in the cafeteria are probably unnecessary...

Author: /time Magazine | Title: Have Americans Gone Nuts Over Nut Allergies? | 1/4/2009 | See Source »

...senior finished in times of 22.46 and 50.47, respectively.Harvard also claimed the third through sixth spots in the 100 butterfly, as well as third and fourth in the 50-meter.The Crimson nearly produced the same results in the 100-meter IM race, taking first as well as the third through fifth spots. Paced by sophomore Douwe Yntema, who finished first with a time of 53.73, Harvard also took the seventh-place spot with junior Tommy Gray rounding out the event with a time of 56.44.Guernsey finished second in the 50-meter freestyle, falling behind Olympian Mohammed Madwa with a time...

Author: By Alexandra J. Mihalek, CRIMSON STAFF WRITER | Title: Crimson Moves to 5-0 on Season | 1/4/2009 | See Source »

Green Scene. Washington's electric-car enthusiasts are in for a treat. The Seattle-Tacoma International Airport is offering free electric-car battery-charging at six parking spots in the airport garage. Designated by green stripes, the slots on the garage's fifth floor are first come, first served. You still have to pay for parking, but the charging is free...

Author: /time Magazine | Title: Travel News: Madrid Calling (and Other Cheap Deals) | 12/29/2008 | See Source »

...Some 54% of Americans polled by market-research firm TNS Retail Forward said they planned to spend less money on Christmas gifts this month than they did one year ago. The pullback is not just hitting middle market retailers, such as Dillards and Macys, but upscale stores like Saks Fifth Ave and Nordstrom as well. Saks, for example, saw same-stores sales decline 11.5% in the third quarter, followed by a 5.2% decrease in November...

Author: /time Magazine | Title: No Relief from the Christmas Gloom for Retailers | 12/24/2008 | See Source »

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