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Chrysler invented the minivan, and the new fold-flat seats in its Town & Country and its Dodge Grand Caravan minivans should help the company hold off Japanese competitors. In response to those rivals, Chrysler showed impressive speed to market when it managed to redesign its minivans in just 18 months, even adding unique Stow 'N Go compartments below the seats...

Author: /time Magazine | Title: Detroit's Hot Pursuit | 1/12/2004 | See Source »

GREAT FALLS, Mont.—The ostensible reason for affirmative action at Harvard has always been two-fold: 1) to put on a more even playing field individuals in disadvantaged conditions who have lots of potential and 2) to enrich the Harvard community by bringing together different cultures, which are best embodied in categories of race. The first element of affirmative action has been hashed out by ideologues for decades, and has remained essentially the same for the last 30 years or so. But the second element, which asks which people should be incorporated and to what benefit...

Author: By Travis R. Kavulla, | Title: A Balance of the Maps | 1/5/2004 | See Source »

...hopes to attract younger customers with an edgier ad campaign while remaining true to the company's roots. Her latest projects: overseeing the launch of the fragrance Beyond Paradise (the ad features a tune by Madonna) and bringing models Carolyn Murphy and Ethiopian-born Liya Kebede into the Estee fold. "Aerin is the perfect bridge between tradition and modernity," says Estee Lauder's president, Patrick Bousquet-Chavanne. --By Dody Tsiantar/New York

Author: /time Magazine | Title: AERIN LAUDER, ESTEE LAUDER COS.: The Burden of Being the Heiress of Style | 12/1/2003 | See Source »

...veteran of the entertainment industry and a former management consultant, Jordan was tempted away from a doomed dotcom by his former boss at Disney (now eBay CEO), Meg Whitman. At the time, in 1999, eBay had 400 employees; now it has 5,600. Its share price has grown 33-fold. Worldwide, $23 billion in transactions will pass through the eBay marketplace in 2003. Jordan's U.S. arm handles $14 billion of that. "There's a friendly competition not to let the rest of the world catch up," he says...

Author: /time Magazine | Title: JEFF JORDAN, EBAY: Getting a Little Wild on the Net | 12/1/2003 | See Source »

...raised numbers on old credit and ATM cards before cutting them to ribbons. It shreds a CD in about four seconds, reducing it to shards too small to be used for any kind of data recovery. It slices right through floppy discs, metal clips and all. You have to fold letter-size paper before feeding it through the 5-in. slot, but at least you don't have to remove the staples first. INVENTOR Royal AVAILABILITY Now, $100 TO LEARN MORE royal.com...

Author: /time Magazine | Title: Coolest Inventions: Keeping It Safe | 11/17/2003 | See Source »

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