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...According to Reuters, "Treasurer Charles Holley said Wal-Mart has planned a number of merchandising initiatives to appeal to cash-strapped shoppers, including its dollar program." The theory behind the promotion is sound. Most stores could not bring in a lot of revenue selling items at $1 a piece, nor could most restaurants, but Wal-Mart and McDonald's have such significant scale and customer bases that getting an even slight increase in discretionary spending from tens of millions of people could make the difference between a mediocre quarter and a good...

Author: /time Magazine | Title: Inspired by McDonald's, Wal-Mart Creates Its Own Dollar Menu | 5/15/2009 | See Source »

...wanted the hotel to still feel like a house, and to be very social," says owner Fatos Buyukkusoglu, who led the hotel's design team and lives in a smaller house on the property. "We designed a lot of inner courtyards and spaces where guests can come together - at the dinner table, in the lounge or by the pool." Meals are taken at a 14-seat dining table, on the terrace, or on various sculptural bits of lawn furniture, and each night guests gather by the fireplace in the reading room or on the sofa in the lounge...

Author: /time Magazine | Title: Stay Overnight in a Turkish Mansion | 5/14/2009 | See Source »

...critics say his goal of maintaining 2008 levels is a bit flimsy, and programs like bike sharing are more style than substance. "In Taiwan, the economy is still first," says Liu Chung-ming, a professor of Atmospheric Sciences at National Taiwan University. "The [Environmental Protection Administration] has done a lot of promotion, but when it comes to real emission reduction, it's a total failure." (See a graphic of the effects of climate change on the world...

Author: /time Magazine | Title: Taiwan Goes Green with Bike Sharing | 5/14/2009 | See Source »

...force against us - we will maintain the status quo, which reflects what the mainstream public opinion has been for more than 20 years. That is one of the reasons I was elected last year, unlike my predecessor who opted for a pro-independence policy which caused Taiwan a lot of trouble...

Author: /time Magazine | Title: Taiwan's Ma Reflects on His First Year As President | 5/14/2009 | See Source »

...course they hope we'll do it faster. Obviously they understand it is not a very urgent issue in the eyes of the Taiwanese people. You see, up to now, only one year into my presidency, people still have a lot of doubts about China. They fear their way of life is not something [China] can accept, particularly in terms of freedom and democracy, so obviously the time has not come for the two sides to negotiate something called unification. But on the issue of security, two years ago, [China President] Hu Jintao formally extended an offer to Taiwan, that...

Author: /time Magazine | Title: Taiwan's Ma Reflects on His First Year As President | 5/14/2009 | See Source »

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