Word: nextly
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...future growth - and he's leading the charge. In June, he reclaimed TSMC's CEO post four years after relinquishing the job - even though he is 78 years old - with the goal of taking the firm into new industries, possibly solar panels and energy-saving LED lighting. "The next transformation is going to be something that requires ideas, innovation," Chang says. "My basic concern with Taiwan is that the country needs a lot of reforms...
...contend with a greatly changed international environment. "China wasn't in the picture 30 years ago, neither was India," Chang says. "You have a big competitor that can do the basic stuff at least as well as you can, but they can do it more cheaply." His conclusion: "The next transformation is going to be very hard," he says. Even with its history of beating the odds, Taiwan may be facing its stiffest challenge...
...Katz family moved to Efrat from Woodmere, N.Y., in 1985, after a family visit to Israel during which Sharon had an epiphany while her children played with some newly arrived Ethiopians. "I looked at my sons in their Izod shirts next to these children from Africa, and I saw black, white, black," she says. "The Bible talks about the ingathering of the exiles, and here were these children all together." The Katzes don't think their town is an obstacle to peace. They can sometimes see Palestinian Arabs on the green flats far below but have no interaction with them...
...troupe member took me to the worship center to see the end of the sermon being given by Warren, who apparently was our warm-up act. He did not make me laugh once. Then as the full house of 160 took their seats in a small meeting room next to the church, we gathered to pray about our performance. Preshow praying, as most professional comedians will tell you, is not quite as confidence-building as shots of Cuervo. (See TIME's 2008 cover on Rick Warren...
Many residents of newark, N.J., long one of America's most troubled cities and favorite punch lines, would love to hop on the next bus down the Turnpike and never look back. Sure, the city has made strides since its devastating race riots in 1967 - there's a sparkling-new downtown arena, some bright residential complexes, the gestation of a hipster scene. But Newark is still a drug-infested, poverty-stricken place where rubble piles up on Park Avenue and the shabby Hotel Riviera sits across the street from an auto-parts joint, around the corner from an abandoned five...