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...class of 2008. Like many other colleges, Harvard also gives some preferences to well-connected applicants like legacies (the children of alumni), but Fitzsimmons says his school is making a statement with its broader outreach. "The word has gone out that if you are talented, the sky is the limit," Fitzsimmons says. "If we don't take advantage of that energy, America will languish...

Author: /time Magazine | Title: Who Needs Harvard? | 8/21/2006 | See Source »

Patient zero was Magnolia, a tiny, retro bakery in New York City's West Village, which, in 1996, had some extra batter and made a dozen cupcakes. Soon Magnolia had to institute a limit on cupcakes per customer. Then Sarah Jessica Parker, who lived nearby, put her local phenomenon on Sex and the City, leading tour buses to stop there. At the admittedly delicious Sprinkles in Los Angeles, which Oprah declared her favorite cupcake after getting a box from Barbra Streisand, the line on weekends is more than half an hour long. Which, yes, is longer than it takes...

Author: /time Magazine | Title: Food: Cupcake Nation | 8/20/2006 | See Source »

...overtook Mercedes-Benz last year as the car industry's top-selling premium brand. In keeping with BMW's unwritten age limit of 60, production boss Reithofer will replace CEO Helmut Panke on Sept. 1, the day after Panke's 60th birthday. Reithofer obviously has a tough act to follow, since the company expects to top its 2004 record net profit of $2.7 billion. Reithofer has been the keeper of BMW's flexible production system, considered a model for the car industry. The former head of BMW's South Carolina plant, he is more than familiar with the U.S. market...

Author: /time Magazine | Title: People to Watch In International Business | 8/20/2006 | See Source »

...states have passed bills that limit access to black box data without permission from the car owner or a court order. Your thoughts...

Author: /time Magazine | Title: Q & A: Joan Claybrook | 8/8/2006 | See Source »

...Tired truckers are responsible for up to 40 percent of large truck crashes. Truck crashes kill over 5,000 people and injure over 100,000 annually. There is practically no enforcement of the regulations which limit the number of hours a trucker may be on the road. Currently, driving hours are recorded by the truckers themselves in paper logbooks. They call them 'comic books' because they are so easily forged. They keep one log for police and another for their company to get paid. Black boxes that record the number of hours a trucker has driven would greatly improve enforcement...

Author: /time Magazine | Title: Q & A: Joan Claybrook | 8/8/2006 | See Source »

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