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...WORKERS CONTINUE TO MAKE $65 AN HOUR WHEN THE CHINESE ARE DOING IT FOR $2 AN HOUR? There's an opportunity in this country for high-value, high-intellectual-content work to be done. I think of things like hybrids and the next generation of hybrid systems and transmissions. But there's no question that for other parts of the work stream, it's going to become much more difficult to be a player in this country...

Author: /time Magazine | Title: "My Goal Is To Fight Toyota..." | 1/22/2006 | See Source »

...know why. I guess I'm naturally a novelist. I want a few hundred pages to make my statement. But that resistance only lasted a minute or so. I read it, and we wrote Annie Proulx our letter asking if we could option it an hour later...

Author: /time Magazine | Title: Movies: Capturing the Cowboys | 1/22/2006 | See Source »

DIED. WILSON PICKETT, 64, volatile R&B star whose gravelly, raunchy delivery on such 1960s hits as Mustang Sally and In the Midnight Hour inspired the 1991 film The Commitments and helped earn him the moniker Wicked Pickett; of a heart attack; in Reston, Va. Despite drug and legal battles, the Rock and Roll Hall of Famer remained inventive and determined, answering the disco craze with explosive live performances, which he continued until shortly before his death, and meriting a 2000 Grammy nomination for It's Harder Now, his first album in a decade...

Author: /time Magazine | Title: Milestones Jan. 30, 2006 | 1/22/2006 | See Source »

...anybody in your company so patient, so persistent, so willing to sit in interminable negotiations for hour upon hour that he would be worthy of the nickname Iron Ass? If so, send him to China; it may be where he belongs. That is one of the enormous number of practical lessons large and small to be gleaned from James McGregor's new book, One Billion Customers: Lessons from the Front Lines of Doing Business in China. McGregor is a rare breed: an extraordinarily capable journalist--he was the Wall Street Journal's Beijing bureau chief from...

Author: /time Magazine | Title: Conquering China 101 | 1/22/2006 | See Source »

...triggered California's rolling blackouts in 2000, but its unceasing push for deregulation of power markets made an impact. "The trading aspect of their business actually solved a problem," says Brian Hamilton, CEO of Sageworks, a research firm in Raleigh, N.C. Deregulation doesn't work unless traders manage the hour-to-hour gaps between supply and demand and keep those markets efficient. In states like Pennsylvania that have well-designed systems, retail prices have fallen as much as 30% since deregulation took effect...

Author: /time Magazine | Title: Show Enron Some Love | 1/22/2006 | See Source »

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