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...stake. The worldwide lighting market is worth about $78 billion a year, and consumer luminaries alone - excluding the market for bulbs - is almost one-third of that. Philips is moving fast to expand from its traditional European base. Bijlsma reckons the firm's sales of LED and other low-energy lighting will double every year in emerging markets, and grow "at a fast pace" in mature markets. Philips is targeting Latin America, and also Asia, where it is planning branded showrooms in stores...

Author: /time Magazine | Title: Lighting: Bright Idea | 12/4/2008 | See Source »

...hopeful postscript to the GOP's humiliating losses in the Nov. 4 elections, incumbent Saxby Chambliss beat Jim Martin in a runoff vote, dashing the Democrats' hopes for a filibuster-proof Senate. With turnout low despite high-profile stumping by Sarah Palin, John McCain, Bill Clinton and Al Gore--as well as Atlanta rappers Ludacris and T.I.--Chambliss won some 57% of the vote...

Author: /time Magazine | Title: The World | 12/4/2008 | See Source »

OSCAR SAYS ... To get fit, chop wood and pound tires. And eat deer and kangaroo too. Why? High-protein, low...

Author: /time Magazine | Title: A Free Boxing Lesson With: Oscar De La Hoya | 12/4/2008 | See Source »

...find songs by Michigan musicians about driving. Instead, Bob Seger--Michigan's Springsteen, who gave Chevrolet its "Like a Rock" slogan--reminisced about the backseat of his '60 Chevy in "Night Moves" and sang "Makin' Thunderbirds" about workers building Ford muscle cars in 1955: "They were long and low and sleek and fast/ They were classic in a word...

Author: /time Magazine | Title: In Michigan, Still Waiting for the Renaissance | 12/4/2008 | See Source »

...parched Las Vegas, Mulroy knows price is one of the best tools at her disposal to control the city's growing thirst. In the spring, officials approved a staggered rate hike that increased prices for low-volume users 17% and for the highest-volume users more than 30%. The city has also unleashed its water cops--officials like Dennis Walker who ride around sprawling new housing developments looking for violations of outdoor-water-use laws. Sprinklers are illegal during the daylight hours, and homeowners have to use a misting system rather than simply hose down the grass. Through ignorance...

Author: /time Magazine | Title: Dying for A Drink | 12/4/2008 | See Source »

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