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...their britches. More often a solid business simply tries to grow too fast. That certainly seems to be the case with Krispy Kreme, the North Carolina doughnut chain that until recently had investors and customers eating out of its hand. In the past year, its stock sank; the company suffered its first loss since going public in 2000; and sales at stores open at least 18 months, which had been regularly posting double-digit gains, went flat...

Author: /time Magazine | Title: Management: After The Flood | 11/8/2004 | See Source »

...Ford Escape hybrid is a hot model). GM has been the most cautious about hybrids, which are costly to build and could cut into the company's thin margins on small cars. The leading U.S. car manufacturer is also still smarting from the more than $1 billion it sank into an unsuccessful electric-car project during the early 1990s. "Initially it looks as if the Big Three are running behind, but the race isn't over," says Lindsay Brooke, analyst with auto research firm CSM Worldwide. Last spring at the New York Auto Show, GM president Gary Cowger said...

Author: /time Magazine | Title: Management: After The Flood | 11/8/2004 | See Source »

...Your story posed a head scratcher. You reported that Iraqi military morale sank when Saddam informed his senior officers that they would have to fight the coalition without biological, chemical or nuclear weapons. But the story also said that "military officers lied about their preparedness," which led Saddam to miscalculate Iraq's ability to deter an invasion. Was Saddam the duper or the duped? Ermes Culos Ashcroft, Canada

Author: /time Magazine | Title: Letters | 11/1/2004 | See Source »

Marsh, whose stock sank 24% on the news, said it has been cooperating with Spitzer since spring but had not been made aware of the charges until last week, when it agreed to stop taking the payments and replaced the head of the business unit involved in the allegations. In a statement, Marsh said it was "committed to getting all the facts, determining any incidence of improper behavior, and dealing appropriately with any wrongdoing." Separately, the company's independent directors expressed confidence in the firm's leadership. Marsh declined to comment further to TIME. But the attorney general...

Author: /time Magazine | Title: Spitzer Strikes Again | 10/25/2004 | See Source »

Were Dean the nominee, the Bush campaign would probably be going after him not as a flip-flopper but as a lefty. Lefty isn't exactly a term of endearment. But at least it evokes issues rather than character. Character debates sank Al Gore and threaten to sink John Kerry now. A debate about issues, on the other hand--especially the biggest issue of all, Iraq--is something Democrats could...

Author: /time Magazine | Title: If Howard Dean Were the Candidate ... | 10/4/2004 | See Source »

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