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...adopt a more moderate look. His campaign anthem this year was sung to the tune of John Lennon's Give Peace a Chance. To underscore his warmer, fuzzier incarnation, supporters often wore pink to rallies instead of the party's more militant red and black. But whether Ortega has shed his penchant for cynicism is another question. He and his Sandinista comrades were global guerrilla heroes when they overthrew the brutal dictator Anastasio Somoza in 1979. As Nicaragua's Marxist comandante, Ortega was widely criticized for being as incompetent and corrupt as he was authoritarian. Those who know...

Author: /time Magazine | Title: Ortega's Encore | 11/13/2006 | See Source »

...chairman saw the need to overhaul the firm's culture. He ordered each company to meet performance targets--to be No. 1 or No. 2 in its market--and to meet quantified goals for leadership and innovation or be sold. Tata Steel, for example, shed half its 78,000 workers between 1994 and 2005. "The Tata group's relationship with its employees changed from the patriarchal to the practical," reads the Tata code of honor, which sets groupwide standards of conduct. Subir Gokarn, chief economist at ratings agency Crisil, says Tata read the runes of change and largely avoided...

Author: /time Magazine | Title: Empires: India's Tiger | 11/12/2006 | See Source »

...five and seven demonstrate a predilection for people who have seen their lives graced with good fortune as compared to those who have suffered from poor luck. Furthermore, this tendency is not limited to individuals, but rather, is applied to larger groups encompassing those individuals. This research may shed light on the origins of social prejudices. “Children prefer the lucky to the unlucky,” said Kristina R. Olson, a Harvard graduate student in psychology and a co-author of the study. “They extend that preference beyond the individual to entire social groups...

Author: By Christian B. Flow, CONTRIBUTING WRITER | Title: Feeling Lucky? Kids Will Like You | 11/8/2006 | See Source »

...Spencer's first change was the easiest. She replaced all the household light bulbs with compact fluorescents and lost 8,500 pounds. Instead of using the clothes dryer, she hangs her wash outside and uses cold water in the washing machine. That shed another 2,500 pounds. She drives slower - ever accelerating past 55 miles per hour in her Honda Civic. Another 2,500 pounds lost, plus a boost in her mileage up to 39 miles per gallon. Finally, the family devised a new commute plan that enabled her husband and her daughter to ride their bikes to work...

Author: /time Magazine | Title: The Low Carbon Diet | 10/30/2006 | See Source »

...eager to shed Dow's longtime image as an environmental pillager. How can you reclaim credibility...

Author: /time Magazine | Title: CEO Speaks: Dow's New Vow | 10/29/2006 | See Source »

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