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...profits from after-sales - representing more than half a typical dealer's gain - may be hard hit. The new laws allow independent repairers to gain "authorized" status from manufacturers, giving them access to technical specifications previously off-limits. A spanner in the works for carmakers. Forging Ahead Canadian aluminum maker Alcan won European and U.S. regulatory approval for its 34 billion bid for French rival Pechiney after agreeing to spin off assets to satisfy the authorities' concerns. The go-ahead clears the way for the creation of the world's largest aluminum company...

Author: /time Magazine | Title: Biz Watch | 10/5/2003 | See Source »

...show is an equal-opportunity stereotyper, assigning the ladies such Deliverance-subtle tasks as picking up roadkill and buying pigs' feet. (The brand on the jar, inexplicably, is blurred out. When is a pigs'-feet maker ever going to get a product placement again?) There's the genius of The Simple Life: it plays with the tension between rich and poor using such extreme examples that the audience can feel superior to both...

Author: /time Magazine | Title: Television: The New Class Action | 9/29/2003 | See Source »

...early birds and even talking about opening another restaurant. Of course, Gilley claims he will retire--he just wants 10 more years. To those who know him, though, that's a conservative figure. "My guess is that one night while playing piano, he'll go to meet his maker," says Norman. "As long as one person will come to hear him sing, he'll keep playing...

Author: /time Magazine | Title: Riding High | 9/29/2003 | See Source »

...Fading Denim Blues Cost-cutting jean maker Levi Strauss announced it would shut its four remaining North American manufacturing and finishing plants by early next year, with the loss of almost 2,000 jobs...

Author: /time Magazine | Title: Biz Watch | 9/28/2003 | See Source »

Kellogg Co. has a new COO--Mackay, 48, a New Zealand native who had run the cereal maker's U.S. division since 2000. Under Mackay, Kellogg regained its status as the country's top cereal seller from General Mills after shifting its focus from discounts and volume sales to value and a broader product line, including more expensive offerings. Now Mackay will get to run operations in more than 180 countries. He will also oversee growth of the company's snack division, begun in 2001 with the acquisition of the cookie company Keebler Foods...

Author: /time Magazine | Title: People to Watch in International Business | 9/22/2003 | See Source »

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