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...Michael Stanley, LONDON...

Author: /time Magazine | Title: 10 Questions for Desmond Tutu | 3/22/2010 | See Source »

Perhaps this is why the possibility of a new, Venice-like waterway in the heart of Brooklyn held such appeal. Against all odds, for the past several years Mayor Michael Bloomberg's administration has lobbied to turn the borough's Gowanus Canal - a foul, PCB-laden channel that winds for nearly two miles (about 3 km) - into a destination spot for condo dwellers and upscale retail developers. On March 2, however, the Environmental Protection Agency (EPA) offered the city a reality check when it designated the Gowanus a Superfund site. The distinction is reserved for the country's most hazardous...

Author: /time Magazine | Title: Postcard from Brooklyn | 3/22/2010 | See Source »

...Cola Wars" of the mid-1980s was a dark time for the soft drink industry. Pepsi and Coke were engaged in a battle for supremacy of the two-liter landscape, using any means possible to bury one another. First, they tussled over celebrity endorsers (George Michael, Elton John for Coke; Madonna, Michael Jackson for Pepsi), and then they began airing negative ads. Pepsi launched its massively successful "Pepsi Challenge" commercials, showing real people choosing Pepsi over Coke in blind taste tests. Coke responded with a parody ad in which a chimpanzee was offered the choice of both soft drinks...

Author: /time Magazine | Title: Getting Personal in Europe's Budget Airline Wars | 3/21/2010 | See Source »

...earlier this year accusing London-based easyJet of trying to hide its on-time flight statistics and depicting the airline's founder, Stelios Haji-Ioannou, with an elongated Pinocchio nose. The Greek-born tycoon was not amused. In a statement last month, he lashed out at Ryanair boss Michael O'Leary and said he would sue. "I am not a liar. That is libelous, and I will seek substantial damages. See you in court, Michael," Haji-Ioannou wrote. Taking a swipe of his own, he added that O'Leary has "an ego to match that of Napoleon. But every Napoleon...

Author: /time Magazine | Title: Getting Personal in Europe's Budget Airline Wars | 3/21/2010 | See Source »

...their hard work and research has come down to. But for Anna K. Barnett-Hart ’09, who is currently a financial analyst at Morgan Stanley, her senior thesis resulted not only with honors in economics at graduation but also with an acknowledgment in author Michael Lewis’s latest book, “The Big Short: Inside the Doomsday Machine...

Author: By Agnes K. Sibilski, CONTRIBUTING WRITER | Title: Recent Grad's Thesis Wows Michael Lewis | 3/20/2010 | See Source »

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