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Perhaps, in retrospect, Immelt should have dressed a little snazzier for his coming-out party last November. Despite the fact that he and his boss both showed up wearing the same casual outfit--slacks, sports jacket and blue open-collared shirt--Immelt isn't a Welch clone. Where Welch is known for a blowtorch temper, Immelt is low-key and understated--more likely to tease employees than scold them to get his point across. "If you, say, missed your numbers, you wouldn't leave a meeting with him feeling beat up but more like you let your dad down," says...

Author: /time Magazine | Title: Jack Who? | 9/10/2001 | See Source »

...along with personal spending; hair splitters will try to figure out how much of that was tax cuts/rebates, and how much of that went straight into the bank. Also, the ECB has a chance to cut rates (it's not shown nearly the desperation so far that Greenspan's outfit has) and some say the relatively strong euro makes that likely...

Author: /time Magazine | Title: The Street This Week: He Who Hesitates | 8/27/2001 | See Source »

...heiress Nicky Hilton, 17, who, along with her older sister Paris, is known for going to swank parties dressed like a Dynasty character about to get dressed. "I don't think guys can tell the difference," she admitted. Nicky uses the tried-and-true method for determining whether an outfit is too outrageous: "If I'm wearing something too whatever, my mother will say something...

Author: /time Magazine | Title: Spending Money To Look Cheap | 8/27/2001 | See Source »

...China's, but hundreds of years were lost when the Confucians trumped the eunuch-explorers. "If the foreign expeditions had been sustained, the world would be very different now," says Kong Lingren, a 69-year-old former civil servant who is secretary-general of a quiet little outfit known as the Zheng He Research Association. "We could have conquered the world...

Author: /time Magazine | Title: The Asian Voyage: In the Wake of the Admiral | 8/20/2001 | See Source »

Perry Farrell knows the value of a weird rock-'n'-roll name. In the late '80s he fronted Jane's Addiction, the artsy Los Angeles punk-metal outfit. He christened his next group, Porno for Pyros, while flipping through a fireworks catalog. And when he started an eclectic summer music festival complete with freaky sideshow acts, he dubbed it Lollapalooza after hearing the absurd word in a Three Stooges short. Even his stage name is a word twist. Born Perry Bernstein, he renamed himself "peripheral": Perry Farrell...

Author: /time Magazine | Title: Music: Anything But Peripheral | 8/13/2001 | See Source »

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