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...result is that for all his ambition to usher in a new era of growth, Brabeck is not about to follow the radical--and financially successful--example of one of Nestle's main rivals, the Anglo-Dutch Unilever group. Unilever has taken a machete to its operations over the past three years, cutting the number of its brands by half to focus on 400 key products and shutting 83 of its 250 manufacturing facilities. Those efforts have widened its operating margins by 45%, and its earnings per share were up 27% last year, despite the sluggish economy. During Brabeck...

Author: /time Magazine | Title: Nestle's Quick | 11/14/2007 | See Source »

...everywhere. A Russian Kit Kat is a fraction of an ounce smaller than a Bulgarian one, and the chocolate is coarser and not as sweet as that in a German Kit Kat. In Japan, strawberry-flavored Kit Kat is all the rage. Each of these product variations is the result of thorough market research on local tastes. "There is no global consumer for the food-and-beverage business. This is a deep belief we have," Brabeck says...

Author: /time Magazine | Title: Nestle's Quick | 11/14/2007 | See Source »

Valentin Fulga dropped out of medicine twice to pursue more-challenging research, but now it looks as though his change of heart could result in saving the lives of thousands--perhaps millions--of cardiac patients. Dr. Fulga, 47, is the scientific brain behind a new treatment for heart disease that is exciting the medical world even though it has yet to undergo full clinical testing...

Author: /time Magazine | Title: A Stem-Cell Prospect for Ailing Hearts | 11/14/2007 | See Source »

...resident and native of San Diego County, I have to say that the fires we've experienced this century are a result not of increased population but of Mother Nature at her worst [Nov. 5]. We're very grateful that the loss of life was far less this time than in previous fires. I praise the local authorities for using reverse-911 calls and making sure people were out of harm's way. Nevertheless, there was a lot of property damage, thanks to the Santa Ana winds and very dry conditions. You cannot win against Mother Nature - whether...

Author: /time Magazine | Title: Wildfires of the West | 11/14/2007 | See Source »

...center in Vancouver due in part to favorable Canadian immigration policies that make it easier to bring in foreign talent. Similarly, the Internet giant Google told a Congressional subcommittee that it failed to obtain visas for 70 engineers who are currently working overseas rather than in California as a result. This policy is especially problematic for college students, who must show that they have at least completed the requirements for their bachelor’s degree in order to apply for a visa. For Harvard seniors last year, this meant that all graduation requirements had to be finished...

Author: By The Crimson Staff | Title: Foreign Intelligence | 11/14/2007 | See Source »

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