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...DIED. FRANCOIS DALLE, 87, longtime CEO of L'Or?al, instrumental in transforming it from a 25-employee company into a global cosmetics giant; in Geneva. In the 1950s, before taking the company's helm, he expanded marketing into the U.S. and Japan, in part by taking the then-radical step of selling products in retail stores, rather than just hair salons. Later he signed licensing deals with designers like Guy Laroche and oversaw the acquisition of such prestige brands as Lanc?me, Garnier and Biotherm...

Author: /time Magazine | Title: Milestones | 8/29/2005 | See Source »

...already clear, at least anecdotally, that the oil virus is finally beginning to have an impact on spending by U.S. consumers, who drive much of the world's demand. Wal-Mart, for example, has warned that its profits are already getting hit by high gasoline prices. And the retail giant may not be alone. According to the University of Michigan's monthly survey, released last Friday, consumer confidence in the U.S. dropped sharply in August, due mainly to oil. "If growth in the U.S. slows significantly, all of Asia's exporters will feel it," says Xie. The good news...

Author: /time Magazine | Title: Peril at the Pumps | 8/29/2005 | See Source »

...intestine of a human fetus, prepared by Hunter for King George III in 1769. Steel-and-glass cabinets house hundreds of other anatomical curiosities: one jar contains the perfectly embalmed face of an 18th century adolescent boy who died from a nasal tumor. The 2.3-m skeleton of Irish giant Charles Byrne, bought by Hunter from an unscrupulous undertaker in 1783, dominates another display...

Author: /time Magazine | Title: A Museum with Guts | 8/29/2005 | See Source »

...unrelenting attack on the practices of the world's largest medicine makers, which Angell portrays as rich behemoths that have abandoned the once noble goals of their industry in pursuit of profit. It's hard to argue with the rich bit: according to the latest Fortune 500, U.S. giant Pfizer had revenues last year of $53 billion, of which $11 billion were profits...

Author: /time Magazine | Title: Big Pharma Syndrome | 8/29/2005 | See Source »

...intestine of a human fetus, prepared by Hunter for King George III in 1769. Steel-and-glass cabinets house hundreds of other anatomical curiosities: one jar contains the perfectly embalmed face of an 18th century adolescent boy who died from a nasal tumor. The 2.3-m skeleton of Irish giant Charles Byrne, bought by Hunter from an unscrupulous undertaker in 1783, dominates another display...

Author: /time Magazine | Title: A Museum with Guts | 8/28/2005 | See Source »

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