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...gone into free fall. Not the first Kodak CEO to try to refocus the company on the digital future, Carp is clearly taking the biggest risks. He put his marker down 16 months ago when he announced that Kodak would cut dividends, slash investments in its film business--and milk its declining profits to fund $3 billion worth of acquisitions and investments crucial to the digital transformation. The market response was swift and brutal: Kodak's stock price plunged 18% that day to a 20-year low. Carp followed up with a plan to eliminate nearly a quarter...

Author: /time Magazine | Title: Getting Kodak To Focus | 2/7/2005 | See Source »

...since early January. The Falics, who own a chain of airport duty-free shops, have no previous experience running a fashion house. The looming question: Would they allow Lacroix to continue his haute-couture line which, like most others, is a perennial money loser? Or was their aim to milk Lacroix's name to cash in on his ready-to-wear clothes and accessories or introduce assorted baubles...

Author: /time Magazine | Title: Crisis on the Catwalk | 1/31/2005 | See Source »

...that you could call a cell catcher. The technology is used today for tasks that include analyzing blood and separating sperm cells in bull semen that produce bulls from those that make cows (which might not seem important unless you're a dairy farmer who needs a supply of milk-producing females...

Author: /time Magazine | Title: Innovation: Tech Pioneers | 1/23/2005 | See Source »

SUGAR It's everywhere, but it's most appealing in sweet sodas. In another first, the guidelines suggest switching to low-fat milk, water or any other beverage that is low in sugar...

Author: /time Magazine | Title: Health: Tommy Thompson's 2005 Diet Plan | 1/16/2005 | See Source »

...KIOSKSHOP BERLIN Rump calls German artist H.N. Semjon's "Product Sculptures" a "completely crazy but very sensual exhibition." This permanent, privately funded installation shows everyday articles like milk cartons and newspapers preserved inside a thin layer of transparent beeswax. As the objects can be purchased, the venue is both gallery and shop. Says Rump of Semjon: "He wants to slow down in a [fast] modern society and replace the simple usage of objects with artistic purity." tel: (49-30) 78 41 291; www.kioskshopberlin.de

Author: /time Magazine | Title: If You're in ... Berlin: Uber Art | 1/16/2005 | See Source »

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