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...vehicle quality. So is the company, in piling on capacity, inadvertently embracing a strategy that has proved perilous for its competitors? And how will the rest of the industry be affected by its initiatives? For Detroit automakers--which rely on pickups as a critical source of profit--the flood of Toyota metal spells only trouble. As Toyota president Fujio Cho told TIME, "We're expanding very rapidly." That is a diplomatic way of saying: Get ready for a showdown...

Author: /time Magazine | Title: The New Dude on the Road | 4/18/2005 | See Source »

...grow between his office and Abramoff. The lobbyist's activities might have stayed under the radar had a newspaper in Alexandria, La., not reported the startling fact that a local Indian tribe was paying Abramoff's associate Scanlon $13.7 million for public relations work. Subsequent investigations uncovered a flood of e-mail between Abramoff and Scanlon, in which they referred to their Indian clients as, among other epithets, "monkeys" and "losers," even as they charged these clients fees that totaled upward of $66 million. It's far from clear what, precisely, the tribes were getting for their investment...

Author: /time Magazine | Title: When Tom Met Jack | 4/18/2005 | See Source »

Most of the time, that lack of elevation makes no difference. But occasionally it makes a big one--as it did that Sunday morning late last year when waves triggered by the great tsunami of 2004 spilled over sea walls to flood the city with sand-clouded water and then swept out just as suddenly, leaving behind a visceral feeling of foreboding. For what has the more thoughtful of Malé's 80,000 or so residents worried is that such intrusions will become more frequent, not because of the sudden onslaught of tsunamis but as a result of the slow...

Author: /time Magazine | Title: Where the Waters Are Rising | 4/18/2005 | See Source »

...Palermo's homicide squad, turned into the courtyard of the housing complex, Laura Cassarà waved to her husband from their apartment window. Cassarà and his two escorts sprinted up the steps leading to the building, but before the policeman could turn the doorknob, three Kalashnikov submachine guns sprayed a flood of bullets from the windows of three floors of a building across the street. Cassarà and one of his bodyguards died in the fusillade...

Author: /time Magazine | Title: World Notes: Aug. 19, 1985 | 4/18/2005 | See Source »

...visit to Bombay, I soon found myself as intoxicated as everyone around me. It's hard not to be dazzled by what's happening: the economy is growing at 7%, per capita income is soaring 11% a year, and Indian corporations are more competitive than ever before. Yet this flood of hot--and often naive--foreign money into Indian stocks has me spooked. The Indian market has often proved a terrific place to lose money. If you had bet on the Sensex in, say, 1992, you would have been 30% poorer by 2003. But today there is an endless...

Author: /time Magazine | Title: Investing: India Bubble? | 4/17/2005 | See Source »

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