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Lauder set out to give the $2.7 billion-a-year flagship--which was losing ground as the No. 1 cosmetics brand in the prestige category and whose core customer had crept up into the fortysomething age range--an image makeover. She lobbied successfully to bring on Murphy as a spokeswoman...

Author: /time Magazine | Title: 8 Aerin Lauder | 2/16/2004 | See Source »

One way to chart the changing fortunes of presidential candidates is to note their shifting relations with the press. Back in December, an easy-breezy Howard Dean whiled away hours with his press corps, playing (and routinely losing at) Oh Hell!, a card game he taught them. But by January...

Author: /time Magazine | Title: The Oh Hell! Primary | 2/16/2004 | See Source »

Iran's conservatives are now expected to sweep back into parliament, four years after losing control of the 290-seat Assembly to supporters of reformist President Mohammed Khatami. That would set the stage for a possible conservative victory in next year's election to choose Khatami's successor. But even...

Author: /time Magazine | Title: All Out Of Reforms | 2/16/2004 | See Source »

When London-based Atlantis Investment Management launched a fund in medium-sized Chinese companies last March, the fund's size was a modest $15 million. Eleven months later, the stocks in its portfolio have doubled and the inflow of new money from eager investors has swelled its value to $116...

Author: /time Magazine | Title: Heading for a Big Bang? | 2/15/2004 | See Source »

and acquisitions sector. So far this year, U.S. companies have announced deals worth five times as much as during the same period last year. But the real cliffhanger involves AT&T Wireless, the U.S.'s troubled No. 3 carrier. It wants to merge, and Arun Sarin, chief executive of British...

Author: /time Magazine | Title: Biz Watch | 2/15/2004 | See Source »

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