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...much the same way, Japanese firms face a global imperative. They must expand overseas to maintain growth. There simply aren't enough Japanese to buy their products back home. With domestic car sales slowing, Honda, for instance, just opened a second plant in Thailand so Japan's second largest auto company can double its annual production capacity in the Southeast Asian nation to 240,000 cars. Japanese pharmaceutical firms have also bought up American and Indian rivals. Overall, in the first 10 months of this year, foreign acquisitions by Japanese firms soared nearly fourfold to around $67 billion, according...

Author: /time Magazine | Title: Japan Reaches Out | 11/20/2008 | See Source »

...York to Michigan. GM Canada has been hardest hit, but it has yet to reap the worst of this whirlwind. The Oshawa, Ont.-based car company, which takes its marching orders from Detroit, expects to shed another 4,000 jobs with planned closures of a truck and transmission plant. This downsizing is needed to cope with overcapacity, but it's fostering bad blood between the car maker and its union. "We felt betrayed," says Chris Buckley, president of Canadian Auto Workers local 222, whose membership at GM Canada's assembly complex on Lake Ontario includes workers from the surplus truck...

Author: /time Magazine | Title: Canada Faces Its Own Auto Industry Pains | 11/17/2008 | See Source »

...which people try to prevent illness through food and exercise rather than waiting until they get sick and taking medicine. The company's advisers, he says, "see probiotics, particularly for immunity and digestive health, as the largest and most enduring functional food trend - significantly bigger than omega-3 and plant oils to lower cholesterol...

Author: /time Magazine | Title: Star Sip Enterprise | 11/13/2008 | See Source »

...investigators. It refused to let them inspect its processing lab and declined to provide a list of crude-heparin suppliers. Before last summer, SPL's China facility had never been inspected by Beijing's drug-safety agency because, says a spokesman, the agency thought "it was a chemical plant." A source close to the FDA's heparin investigation puts it bluntly: "China simply has no regulatory regime to speak...

Author: /time Magazine | Title: Heparin's Deadly Side Effects | 11/13/2008 | See Source »

...Then, bring the liquid to a boil, adding hops gradually. Hops are the female flower cones of the hop plant that give beer its bitter flavor...

Author: By Rebecca A. Cooper, CONTRIBUTING WRITER | Title: The New Spirit in Adams House | 11/13/2008 | See Source »

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