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...that the cards were cash cows. Now banks, credit-card companies, various financial-services providers and such chains as Starbucks sell branded prepaid cardsnot only at their own outlets but also through grocery stores and shopping malls as well as over the Internet. The newly reopened toy store F.A.O. Schwarz is even offering a $100,000 gift card. Some of the cards include ATM access. Some let holders reload them; others permit transfer of funds to other cards or individuals. In one of the latest incarnations, at last count about 1,000 companies give their workers electronic-payroll cards...

Author: /time Magazine | Title: Disappearing-Card Trick | 12/17/2004 | See Source »

...runaway smash alone would not solve the woes of the toy business. Toy stores see little Christmas cheer in tackling the big-box discounters Target and Wal-Mart, and many are shutting down. Since last season's brutal price war--led by Wal-Mart--KB Toys and FAO Schwarz have closed roughly 600 stores between them. Toys are increasingly merchandised as impulse items at drugstores, supermarkets and even coffee shops. Starbucks has sold loads of the Cranium board game. KB, operating under bankruptcy protection, says it will close 164 of its remaining 820 stores in January. FAO now consists...

Author: /time Magazine | Title: Zapped! How the toy industry is being outplayed by video games this holiday season | 12/17/2004 | See Source »

...know what he's talking about with this 10 seconds of focus stuff," says Scorsese, and laughs. "Don't let him kid you--he's incredibly thorough." DiCaprio read thousands of pages of Hughes biographies, watched old newsreel footage and spent days with obsessive-compulsive-disorder expert Dr. Jeffrey Schwarz, but is so conditioned to tamp down interest in himself that he is reluctant to discuss it. "Trust me, dawg," he says dismissively, "you don't want to hear about...

Author: /time Magazine | Title: Movies: Leo: Portrait of the Young Man as an Artist | 12/17/2004 | See Source »

...decades to create a theory that would merge relativity and quantum physics into one tidy mathematical package. But where Einstein failed, physicists may finally be on the verge of success, largely thanks to Edward Witten, generally considered the greatest theoretical physicist in the world. "Ed is unique," says John Schwarz, a theorist at Caltech, "the kind of person who comes along once a century...

Author: /time Magazine | Title: Edward Witten | 4/26/2004 | See Source »

...Kerry has a better idea, he has yet to explain it. Other than bashing Bush, Kerry has no plan. He has no idea what to do when it comes to foreign policy. WILL SCHWARZ Midlothian...

Author: /time Magazine | Title: Letters: Apr. 5, 2004 | 4/5/2004 | See Source »

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