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...whether he or she is still in diapers. Most items must be washable, and they must be comfortable?no scratchy fabrics or seams allowed. Even when pants cost $89, knit tops $76, parkas $356 and astrakhan pieces go for $763, as they do at Bonpoint, the profit margins are lower than those for grownups, since high-end customers seek top-quality fabrics and subtle trims and detailing but expect children's clothing?even expensive children's clothing?to cost significantly less than their own. And there are fewer opportunities for high-margin add-ons. Even the most precocious Bonpoint customers...

Author: /time Magazine | Title: Carriage Couture | 12/6/2006 | See Source »

...also the Saltonstall professor of population policy, received $18.8 million from the Gates Foundation last year to research new ways to measure health status in developing countries. Edwards said that funding from charitable organizations has helped to promote research, including his own, in areas that may not have profit potential to attract commercial investment, but that offer large benefits for the world’s poorest. Edwards and Murray both praised the foundation’s commitment to establishing a timetable. Edwards called the move as “brilliant and decisive.” The foundation also said...

Author: By Nicholas Moy, CONTRIBUTING WRITER | Title: Foundation Set To Spend Assets | 12/6/2006 | See Source »

...market doesn't look at where you are today, they look on a forward-looking basis and a backward-looking basis. Yes, the profit margins may be at 19 or 20% today, but they were in the mid 20s just a few years ago, and the trajectory is downward into the teens. Earning a Pulitzer Prize for excellent journalism doesn't translate into sales of newspapers in this environment. If newspapers were going to be at 20% [profit margins] going forward, you wouldn't have pressure from shareholders. But revenues are declining. On the positive side, the costs of newsprint...

Author: /time Magazine | Title: Forum: the Future of Newspapers | 12/5/2006 | See Source »

Kansas Heart triggered a cascade. This quiet, airy city of 540,000 already had--besides Via Christi's hospitals--the Wesley Medical Center, part of the for-profit HCA chain. Wichita now has five doctor-owned hospitals as well, along with a dozen ASCs and at least 10 free-standing diagnostic imaging centers, eight of which have physician investors. (Via Christi has a share in four of them, as it does in one ASC and a specialty hospital.) "The fear that emergency rooms and cardiovascular programs would close at community hospitals," says Duick, "has not been borne out over seven...

Author: /time Magazine | Title: The Hospital Wars | 12/5/2006 | See Source »

...Clinic Surgical Hospital. Lincoln's inpatient and ambulatory surgeries halved, and by 2005 the hospital was $8 million in the red. "They've gone beyond cherry-picking," says Stone. "They've removed virtually everything they could take out of this facility." He is selling the hospital to a for-profit chain...

Author: /time Magazine | Title: The Hospital Wars | 12/5/2006 | See Source »

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