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...year, and an incredible 24.6% in the fourth quarter. Over the past year, the company has desperately tried to reposition itself from a frumpy brand for the over-50 set to a stylish look for the new sophisticated 40-something. In early April, the May issue of Essence hit newsstands, with Obama wearing a $169 Talbots silk dress on the cover. It was a marketing godsend...

Author: /time Magazine | Title: Can Michelle Obama Save Fashion Retailing? | 5/6/2009 | See Source »

...Bernanke's comments about the recession and his reasons for believing that the economy has hit bottom could have been a mimeograph of a dozen other speeches made by Fed chairmen testifying before Congress in times of crisis over the last forty years. Arthur Burns probably made the same speech in 1973 and put it in an envelope for Paul Volker...

Author: /time Magazine | Title: Putting Bernanke on the Shelf for a Year | 5/6/2009 | See Source »

...Richard Besser isn't one for easing into a new job. Before becoming the acting director-general of the Centers for Disease Control and Prevention (CDC), the trained pediatrician was the head of the CDC's emergency response office, a position he took in 2005, hours before Hurricane Katrina hit. Now, just a few months after being named the CDC's interim head - in lieu of a political appointment from President Barack Obama - Besser has been thrust into the role of the government's public health commander-in-chief, guiding the agency through what could be the first new influenza...

Author: /time Magazine | Title: CDC's Dr. Richard Besser on Swine Flu and Katrina | 5/5/2009 | See Source »

...don’t have that articulated goal when we hit our deadline, who knows where we’re going to end up?” Smith said. “That’s a guaranteed path to non-excellence...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: FAS To Determine Priorities Before "Reshaping" Begins | 5/5/2009 | See Source »

Finance Minister Carstens also unveiled an economic recovery plan, promising $1.3 billion in grants, loans and programs to hard-hit sectors. But such funds may not go far in an economy already in recession from the global slowdown. Businesses from the flu-ridden streets of the capital to the golden beaches that tourists fled in droves are all complaining they have been hammered by the epidemic and its consequences. In the Caribbean paradise of Cancun, six major resorts were to take their own holiday because they had been emptied of guests, said Rodrigo de la Pena, president of the Cancun...

Author: /time Magazine | Title: Mexico's Swine Flu Battle Cry: A Return to Normal on Cinco de Mayo | 5/5/2009 | See Source »

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