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...Ning runs a "Global Innovation Center" in the same building as its Portland retail store, where footwear designers and biomechanic engineers lured from the likes of Nike, Converse and Adidas mix with designers from Li Ning's Chinese staff. On the wall, the innovation center has two clocks - one set to Portland time and one set to Beijing time. "This fusion comes through in our products," Jay Li says...

Author: /time Magazine | Title: Can China's Big Shoe Brand Make Tracks in the U.S.? | 3/26/2010 | See Source »

...prevent a worsening of the housing situation, the White House is expected to announce today a new set of programs to shore up the market, including one that will cut the amount owed on troubled mortgages. There is also expected to be an upward bump in the cash incentives to lenders who reduce mortgage principals as part of loan modification, as well as a requirement that lenders trim monthly mortgage payments for the newly unemployed for a period of several months...

Author: /time Magazine | Title: Get Ready for a Painful 'Hockey Stick' Housing Recovery | 3/26/2010 | See Source »

Using the Keck Telescope in Hawaii, Kirby set out to find evidence of metal-poor stars in dwarf galaxies by scanning the skies using medium-resolution spectroscopy, which allowed him to study many stars but didn’t yield a detail-rich characterization of any one star...

Author: By Julie R. Barzilay, CRIMSON STAFF WRITER | Title: Star Nearly As Old As Universe Found | 3/26/2010 | See Source »

Israeli Prime Minister Benjamin Netanyahu's Washington visit this week has failed to resolve his differences with the Obama Administration over the Israeli-Palestinian peace process. Having twice delayed his departure as his team negotiated with U.S. officials over a set of confidence-building measures that Israel would offer the Palestinian leadership in order to coax them into talks being orchestrated by Washington, Netanyahu finally left town Wednesday night with no accord. Officials from the two sides are to continue negotiating on the issue in the coming days. Netanyahu's visit, if anything, reinforced the idea that the current Israeli...

Author: /time Magazine | Title: Netanyahu Heads Home, Still at Odds with the U.S. | 3/25/2010 | See Source »

...carbon tax had been plagued with troubles from the start - including the near refusal by rightist legislators to pass it until the Elysée whipped them into line in November 2009. A month later - just days before it was set to take effect - France's Constitutional Council struck the law down because it unlawfully applied measures to consumers while exempting French companies, by far the biggest carbon emitters. Sarkozy pledged to widen the measure to include businesses. But that only mobilized France's employers' lobby. With the voters finally having had their say, Sarkozy has decided to shelve...

Author: /time Magazine | Title: Why Sarkozy Dropped His Beloved Carbon Tax | 3/25/2010 | See Source »

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