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...hour. The cost is $25 to $30 per hour more than the labor costs of Asian rivals such as Toyota and Honda that have plants in the U.S. The creation of the VEBA could eliminate as much as one half to two-thirds of the gap virtually overnight...

Author: /time Magazine | Title: GM Ends Strike, Tries Health Plan | 9/26/2007 | See Source »

...drink the stuff. But they did notice the extra change in their pocket, and how foreigners were queuing up to buy their beans years in advance. "Suddenly, they're making more than $1 a kilo, up from 25 cents," says Schilling. Other farmers noticed too. Almost overnight, 116 copies of Schilling's washing stations sprang up nationwide. "The impact is huge, just huge," says Schilling. "It's key to Rwanda's rise...

Author: /time Magazine | Title: Seeds of Change in Rwanda | 9/26/2007 | See Source »

...your grandmother's Neiman Marcus. In the past five years, denim (of a certain pedigree) has exploded. Younger, edgier lines like Phillip Lim and Twenty8-Twelve, Sienna and Savannah Miller's new line, are cropping up and thriving. "We've had this enormous contemporary business that grew overnight," Stordahl says...

Author: /time Magazine | Title: Magical Thinkers | 9/21/2007 | See Source »

...selling the hottest items of the season at the click of a mouse. Six years later and pregnant with Ava, now 19 months, Massenet decided to expand the London-based company Stateside, with a vast distribution center in Long Island City, N.Y., offering same-day delivery to Manhattan and overnight delivery across the U.S. "Pregnancy is a very creative phase for me," says Massenet. Indeed, figures for the last financial year saw turnover leap 75%, to $72 million, and pretax profits up 62%, to $4 million...

Author: /time Magazine | Title: E-commerce: It's Now Just a Click Away | 9/21/2007 | See Source »

WHAT TORY BURCH HAS accomplished in the past 3 1/2 years is nothing short of impressive. Seemingly overnight she went from full-time mom?a title she accepted after years of working at Ralph Lauren, Vera Wang and Harper's Bazaar?to woman on the fast track to becoming a mega-brand. When she launched her eponymous company in 2004, Burch eschewed the traditional slow-growth route and dove right in with a complete product range of clothes and accessories, even candles. If Burch's luxe '60s- and '70s-inspired designs are a manifestation of her high-fashion pedigree...

Author: /time Magazine | Title: Sportswear: Tory's Turn | 9/21/2007 | See Source »

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