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...battleground states like Florida and Colorado. Already, Steele has indicated an interest in reaching out to black voters. But that won't be easy, considering the GOP's recent history. For example, only one major Republican candidate - Mike Huckabee - showed up at a candidates forum at historically black Morgan State University in Baltimore during the last campaign. There hasn't been a single black Republican in Congress in years, and the party has struggled to elect even local candidates who are black. Against that backdrop, and particularly given Obama's support among blacks and Latinos, "merely putting Steele...

Author: /time Magazine | Title: Steele Makes History, but Can the New Party Chief Remake the GOP? | 1/31/2009 | See Source »

...company's ill-fated $400 million purchase of women's apparel shop J. Jill in 2006 burdened its debt load. "What's hurting them more than anything is that they've got lots of debt on their balance sheet," says Betty Chen, a retail analyst at Wedbush Morgan Securities. Talbots has shuttered its men's, kids and U.K. businesses, and is shopping for a buyer for J. Jill. Good luck finding one in today's market. Earlier this month, investors received some encouragement when the company secured a $150 million credit line from three Japanese banks. In 2008 Talbots also...

Author: /time Magazine | Title: Retailers on the Ropes: Can These Companies Survive? | 1/29/2009 | See Source »

...with a $36.7 million profit during the same period in 2007. Same-store sales dipped 7.2%. In December, Jamba stopped shipping ready-to-drink smoothies to grocery stores because of production difficulties. "They still don't know who their core customer is," says Brian Moore, an analyst at Wedbush Morgan. "They have to define that. Is it the health-conscious consumer or someone who is looking for a treat? That's why the brand has had difficulty." Responds new CEO James White, an ex-Safeway executive who took over Jamba eight weeks ago: "From a historical perspective, that...

Author: /time Magazine | Title: Retailers on the Ropes: Can These Companies Survive? | 1/29/2009 | See Source »

...ready to commit suicide yet.' NELSON CHAMISA, a spokesman for Morgan Tsvangirai's MDC party, on its refusal to enter into a power-sharing agreement with Zimbabwean President Robert Mugabe...

Author: /time Magazine | Title: Verbatim | 1/29/2009 | See Source »

Michael Kinsley's essay "God Is Black" made a strong argument that the presence and voices of James Earl Jones and Morgan Freeman have influenced how America hears the voice of truth and authority [Jan. 26]. But there were others who set the stage. We cannot ignore the influence of Southern-raised black televangelists. And even more so, James Weldon Johnson's famous poem "The Creation," which is written in the black idiom: And God stepped out on space, And he looked around and said: I'm lonely-- I'll make me a world. Paul Moore, NORTH SAN JUAN, CALIF...

Author: /time Magazine | Title: Inbox | 1/29/2009 | See Source »

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