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Quite an understatement. But for all the embarrassment of Reiten's early exit, StatoilHydro faces challenges that will linger long after that hubbub is over. StatoilHydro is operating in a market that has changed drastically since oil was first struck off the coast of Norway in the late 1960s. After waves of mergers in the U.S. and Europe, and with the growing dominance of nationally owned energy companies worldwide, the oil and gas industry is increasingly ruled by a handful of giants. Though StatoilHydro leads the world in offshore extraction, it's dwarfed by diversified behemoths like BP, ExxonMobil...

Author: /time Magazine | Title: Norway's Power Play | 11/8/2007 | See Source »

...know: young civil rights leaders in the South showing great courage as they walked into a town in the dark of the night; a doctor working for Doctors Without Borders in Somalia, operating by kerosene lantern in a tent. Those are the kinds of people that linger in your memory...

Author: /time Magazine | Title: 10 Questions for Tom Brokaw | 11/7/2007 | See Source »

...prototype in the middle of Middle America--Elyria, Ohio. Castro-Wright strides into a very un-Wal-Mart-like area that features low, wood-veneer (actually recycled plastic) side counters where towels are displayed. You can actually see over the department, and the sight makes you want to linger; you're not hemmed in by the usual 8-ft.-high (2.5 m) discount-store shelving crammed with merchandise. The assortment--the colors and styles--is broad and deep, even attractive. The prices are killer, natch, but it's the look of the department that is designed to stop traffic...

Author: /time Magazine | Title: Restoring Wal-Mart | 11/2/2007 | See Source »

Questions about the device's safety linger at least partly because there are no official standards for its use. Because it isn't classified as a firearm by the Department of Justice's Bureau of Alcohol, Tobacco, Firearms and Explosives, the Taser is exempt from federal firearms requirements and regulations. And while the Consumer Product Safety Commission has jurisdiction over the models sold to consumers, it has done no investigations of its safety...

Author: /time Magazine | Title: Are Tasers Being Overused? | 10/31/2007 | See Source »

...with alarm. Rice later sought to reassure Abbas, telling him, "It is time for the establishment of a Palestinian state," and pledging that "we are not going to tire until I have given my last ounce of energy and my last moment in office" to that effort. But doubts linger about what she can deliver, and even about the wisdom of going to Annapolis when failure could cost Abbas what little support he has left...

Author: /time Magazine | Title: Rice's Peace Mission: Prospects Grim | 10/16/2007 | See Source »

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