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...COMPANY: Ctrip SECTOR: Travel REVENUE IN 2008: $217 million THE LESSON: Don't take on everything at once...

Author: /time Magazine | Title: Follow the Leaders | 3/8/2010 | See Source »

...COMPANY: Septwolves SECTOR: Garments REVENUE IN 2008: $242 million THE LESSON: Western design must adapt...

Author: /time Magazine | Title: Follow the Leaders | 3/8/2010 | See Source »

...things in life embody hope as effortlessly as spring training. Millions shiver and curse the slush, but somewhere in this favored land the sun is shining bright, youth swells with promise, and every team has an equal share of first place. Nowhere is this spirit more desperately needed than in Washington, D.C., oppressed by record snowfalls and blizzards of icy distrust. Enter Stephen Strasburg, the pitching phenom drafted first overall by the lowly Washington Nationals. A strapping fella with a record $15.1 million contract and a 103-m.p.h. fastball, Strasburg brings more heat than a Tea Party rally, with more...

Author: /time Magazine | Title: The Moment | 3/8/2010 | See Source »

...which we have grown may have been too quick," he said, as members of the Japanese press and employees sporting Toyota buttons thronged the hallways outside. Yet the spectacle failed to answer a key question: whether Toyota has pinpointed the problems that caused it to recall more than 8 million cars, including over 6 million in the U.S., since last fall...

Author: /time Magazine | Title: Spotlight: Toyota Hearings | 3/8/2010 | See Source »

Toyoda's appearance is the culmination of a month of unrelenting bad news for the company. On the eve of the hearings, a damaging July 2009 memo emerged in which Toyota execs boasted of $100 million in savings garnered through a limited 2007 recall. The company also announced that it had been subpoenaed by both the Securities and Exchange Commission and a federal grand jury in New York because of the sudden-acceleration issues. Toyoda vowed to "work vigorously and unceasingly to restore the trust of our customers." But he has a long ride ahead...

Author: /time Magazine | Title: Spotlight: Toyota Hearings | 3/8/2010 | See Source »

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