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...past five years. But the premium end of that market--wines costing $25 a bottle and up--is on a tear, with sales growth averaging more than 30% over the past three years. Bill Stevens, wine-division manager at Silicon Valley Bank, expects pricey wine to continue to grow at a double-digit pace, with grape shortages in all premium areas except Merlot...

Author: /time Magazine | Title: Fruit of the Vine | 10/18/2007 | See Source »

Much the same way that owners grow to look like their dogs, sometimes spokesmen begin to resemble their candidates. That's certainly true of Kevin Madden, Mitt Romney's national press secretary, though his neat, Romneyesque looks are quickly belied by a thick New York accent. Shifting seamlessly between sound bites and genial (if sometimes vulgar) humor, Madden, 35, has kept the campaign from getting too rattled by Romney's occasional malapropisms and gaffes. The effortlessness with which he laughs off Romney's missteps (when Romney told Fox News that his favorite novel was a sci-fi tome by Scientology...

Author: /time Magazine | Title: Campaign Briefing: Campaign Insider | 10/18/2007 | See Source »

...laudable mission, but will the shareholders grow fatter from it? "We were born with this health positioning. With the new Danone, I think we can say that 98% of total sales will be functional health and nutrition. It's very different from the competitors," says Riboud, 51, a skier and windsurfer...

Author: /time Magazine | Title: Danone Cuts Out the Cookies | 10/18/2007 | See Source »

...real issue is growth. The increase in cookie sales worldwide topped out at 3.1% in 2006. "There are cookies in every household in France," says Sacchi. "The only way to grow is to make every household eat more and more every year." Or grab more market share, which is often difficult and expensive. By contrast, Danone's fresh-dairy-product line (yogurt and milk-based desserts) grew 9.2% last year, with growth as high as 20% in Argentina, Mexico and Brazil, and 35% in Russia. Bottled water showed similarly high growth, at 14.8% in 2006. Numico grew nearly 12% last...

Author: /time Magazine | Title: Danone Cuts Out the Cookies | 10/18/2007 | See Source »

...Texas. "'I'm a middle-born, so that explains everything in my life'-it's just not like that." Still, such skepticism does not prevent more and more researchers from being drawn to the field, and as they are, their findings, and the debate over them, continue to grow...

Author: /time Magazine | Title: The Power of Birth Order | 10/17/2007 | See Source »

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