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...Friday, Mattel's executive vice president for worldwide operations, Thomas Debrowski, met with the Chinese product safety chief Li Changjiang, to apologize for the company's own weak safety controls. "Our reputation has been damaged lately by these recalls," Mr. Debrowski told Li. "And Mattel takes full responsibility for these recalls and apologizes personally to you, the Chinese people, and all of our customers who received the toys...

Author: /time Magazine | Title: Why Mattel Apologized to China | 9/21/2007 | See Source »

...retailer, and everything he is wearing except the tie ("I had clothes before I bought Lord & Taylor") is from his store. Baker's practical approach has made him a quick learner. "You laugh, and it's funny, but the truth is that if you don't wear the product of the store, you don't know certain things," says the 41-year-old entrepreneur. "This is how we're going to make this business better because we live in the product, and we live in the stores, and it's important...

Author: /time Magazine | Title: Studying the Classics | 9/21/2007 | See Source »

...were no longer serious threats--and that the chairman would bail them out of any trouble they stumbled into--became heedless of risk. This has added a hard-to-master new responsibility to the job description of Fed chairman: restrainer of financial-market euphoria. But again, it's the product of success...

Author: /time Magazine | Title: It's Not His Economy | 9/20/2007 | See Source »

...tonight, pending final approval by the UC this evening. The refurbished site, uc.fas.harvard.edu, will include such new features as an official UC blog and an online archive of past UC documents, Council President Ryan A. Petersen ’08 said yesterday. The archive innovation is a product of the labors of UC Student Affairs Committee Chairman Michael R. Ragalie ’09, who used a feed-scanner to compile digital images of 10 years of UC legislation, minutes, agendas, and correspondence, and then did the programming to make the 200 documents—dating from 1982 to 1992?...

Author: By Christian B. Flow, CRIMSON STAFF WRITER | Title: UC To Refresh Web Site Design | 9/19/2007 | See Source »

...Greece's long-term fiscal sustainability," according to a recent report by the ING. As the European Union's fastest-aging nation, Greece could have one pensioner for every worker by 2040, threatening a blowout in a budget deficit that conservatives managed to slash from 7.9% the gross domestic product in 2004 to a forecast 2.4% this year...

Author: /time Magazine | Title: Greek PM Faces New Challenges | 9/18/2007 | See Source »

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