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Selling televisions and computers is a fickle business, but the giant leading the pack keeps on growing. Best Buy, the world's largest consumer electronics retailer just snapped up half of Carphone Warehouse, the largest mobile phone retailer in the U. K. The marriage helps Best Buy gain a foothold in Europe and expand its business into cell phone sales, while giving Carphone Warehouse a leg up in electronics. Best Buy CEO and vice chairman Brad Anderson talks with TIME's Kristina Dell about global expansion, best-selling products and how he made the jump from sales clerk...

Author: /time Magazine | Title: Q&A with Best Buy CEO Brad Anderson | 6/12/2008 | See Source »

...week, students hone their table-tennis skills also in the evening. Many kids see their parents for only a couple of weeks each year. "China's so good at Ping-Pong because we train harder than anyone else," says Xu Mengjie, a pigtailed 10-year-old standing under a giant banner that exhorts fight for your country. "I always feel like I need to work harder because that's the only way I can become an Olympic champion...

Author: /time Magazine | Title: China's Sports School: Crazy for Gold | 6/12/2008 | See Source »

...seem so out of place in Letts' oeuvre. An actor who began writing plays in the early '90s, he has turned out two slices of nasty trailer-park noir, Killer Joe and Bug; one spiritual-quest play with kinky twists, Man from Nebraska; and now, with August, a ferocious, giant-size family drama in which the gathering for Dad's funeral turns into a donnybrook of revelations, recriminations and extreme combat. It may be the best American play of the new century. It has snagged nearly every honor in sight, from the Pulitzer Prize to a likely haul at this...

Author: /time Magazine | Title: Tracy Letts: August's Family Guy | 6/12/2008 | See Source »

...response, companies scrambled to put together codes of conduct and teams of auditors. Bigger firms either set up their own monitoring departments or hired auditing firms to check up on their overseas factories. Gap, the U.S.-based retailing giant, now has a staff of about 90 overseeing working conditions in factories that supply its clothes, and last year it conducted 4,927 inspections in 1,879 factories worldwide. Such initiatives are part of a much broader effort by Western firms to embrace the tenets of corporate social responsibility (CSR). Annual reports today glow with descriptions of companies' attempts...

Author: /time Magazine | Title: Manufacturing: The Burden of Good Intentions | 6/11/2008 | See Source »

...McCain was being slammed in the press, Republican opposition researchers - and some enterprising investigative reporters - were plotting an outrage backlash. Did it matter, for instance, that David Axelrod, Obama's political mastermind, had worked for a firm that led a public relations effort for Exelon, the utility giant? Would anyone notice that the man who helped convince Obama to run, former Senator Tom Daschle, works for a lobbying firm? Should voters care that former lobbyists also populate Obama's staff and current lobbyists offer him unpaid advice...

Author: /time Magazine | Title: The Outrage Game Bites Obama | 6/11/2008 | See Source »

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