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...global gas prices took a steady upward march in the wake of Hurricane Katrina, the price of crude oil - although still high by recent standards - was actually falling. That's because the real problem isn't crude oil prices. Crude oil is useless unless it is refined into the products we really need - gasoline, heating oil and jet fuel. Refining is a simple but essential step in getting from oil in the ground to gas in your car's fuel tank. Oil's various refined products, such as gasoline, kerosene and diesel, have different boiling points. The lighter the chemical...

Author: /time Magazine | Title: Refining the Problem | 9/18/2005 | See Source »

...differentiating itself, says A.G. Edwards & Sons analyst Bob Buchannan. In Japan, Uniqlo makes $80 million online, but Uniqlo USA CEO Nobuo Domae says it will stick to bricks in the States. "Unless the customer knows who we are by coming to the store, they won't buy the product." --By Coco Masters

Author: /time Magazine | Title: Uniqlo's Casual Gambit | 9/18/2005 | See Source »

...neurasthenic scion of a Brahmin family. The two soon marry. With a newfound robustness that he attributes to Lydia's love, Henry decides to chuck his studies and create an elixir to combat loneliness. He intends its curative powers to result from encouraging letters he includes with the product rather than any medicinal properties of the liquid. The remedy is only mildly successful, but it attracts a business partner, Quentin Driscoll, who envisions turning the sweet-tasting tonic into a bottled carbonated beverage...

Author: /time Magazine | Title: Books: Taking the Cola Cure | 9/18/2005 | See Source »

...other brands outright. In late 2003 the company snapped up the C.O. Bigelow name and this June swallowed Slatkin & Co., a home-fragrances firm. "The consumer may want quality, but it's also about newness," says John D. Morris, a retail analyst at Harris Nesbitt. "They're rejuvenating the product launch cycle"--a pipeline that had languished pre-Fiske. Add in a catalog business (set to launch this fall), a website overhaul to let consumers buy direct (due in mid-October) and the possibility of expanding certain brands overseas, and Fiske's revenue projections, while far from certain, might just...

Author: /time Magazine | Title: Making Bath Time Cool | 9/15/2005 | See Source »

Hurricane Katrina itself, of course, was a product of natural violence, not human violence, and we need to be careful with any comparisons with September 11 lest they trivialize the suffering of either one. But we also need to be honest with ourselves: if 9/11 was a wake-up call we all felt compelled to answer, 8/30 was a living nightmare which much of this nation slept through...

Author: NO WRITER ATTRIBUTED | Title: Flood This Time, Fire Next | 9/14/2005 | See Source »

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