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Dates: during 2000-2009
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...taxes on imported whiskey, not the taste, that prevent it from winning more market share. The import duties begin at 150%, and additional state taxes can add another 150% or more to the price of a bottle. Wine and beer face similar import duties, as well as additional and constantly changing state taxes and regulations. The complexity of the market means that only big producers like Jack Daniels and Jim Beam can afford to make a go in India on their own, and usually only with their premium labels. Although single-malt is a new status symbol in India, Scotch...

Author: /time Magazine | Title: Tapping into India's Growing Alcohol Market | 12/23/2009 | See Source »

United Airlines has a similar level of secrecy surrounding its Global Services program. "We don't discuss the criteria for being invited into this elite club," says one spokesperson. The airline, however, will list some of its perks: being the first to board a plane; having a private check-in room with a back door to the front of security; a private phone number to agents who are at your beck and call. United's top flier, Thomas Stuker, is a huge fan. "Global services is like dying and going to heaven," he says. "They take care of every single...

Author: /time Magazine | Title: Up in the Air Fantasies: What Does 10 Million Miles Get You? | 12/22/2009 | See Source »

...nonprofit organization that has advised Evergreen. He says part of the strategy has been to address growing sectors of the economy, such as health care and energy. To have a major impact on the regional economy, manufacturing has to be brought in, says Alperovitz. "We're thinking about similar approaches with bullet trains and mass-transit vehicles, asking the question, How can some of that production be organized according to this model...

Author: /time Magazine | Title: In Cleveland, Worker Co-Ops Look to a Spanish Model | 12/22/2009 | See Source »

...left to him. It emerged in court that Chan had told Wang to bury large amounts of cash and precious stones at up to 80 secret sites around Hong Kong, in supposedly propitious feng shui rituals, and that Wang had paid him at least $250 million for this and similar pieces of advice. Not content with such a spectacular windfall, the caddish Chan - the kind of parvenu, incidentally, who names his eldest son Wealthee - considers himself entitled the rest of her estate, even though he would be depriving a charity of its use, should he win control...

Author: /time Magazine | Title: How Feng Shui Is Being Discredited in Hong Kong | 12/21/2009 | See Source »

...Since a similar problem in 2002 was resolved by "winterizing" the locomotives so that snow couldn't get into the engine blocks, Eurostar officials were guardedly optimistic that the same method would fix the problem this time. However, even if the trains do start running again, anger over the fiasco won't melt as quickly as the thinning French snow. (See the worst business deals...

Author: /time Magazine | Title: The Eurostar Breakdown: 'Tis the Season to Be Livid | 12/21/2009 | See Source »

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