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Teen-oriented and casual-wear retailers, which had a slow start in November, were among the busiest over the Black Friday weekend. Companies such as Aeropostale, American Eagle Outfitters and Old Navy were big winners, wrote Credit Suisse analyst Lejuez in a research note. Traffic to Victoria's Secret and Bath & Body Works was also strong, said Kimberly Greenberger, a managing director at Citigroup Global Markets...

Author: /time Magazine | Title: Winners and Losers from Black Friday Weekend | 12/2/2009 | See Source »

...despite the relatively slow start for American stem-cell research, Rockefeller's Brivanlou is hopeful that the NIH approvals mark the beginning of a new era in our understanding of human development. "I consider it a shame that at the beginning of the 21st century, we know more about how development works in the worm, the fruit fly and the mouse than we know about our own development. And it's not because of scientific limitations or technological limitations," he says. "It would be nice if someday people are allowed to ask basic questions simply about where we come from...

Author: /time Magazine | Title: U.S. Allows New Stem-Cell Lines for Research | 12/2/2009 | See Source »

...global health community. But officials at organizations like Doctors Without Borders warn that HIV/AIDS is still an emergency for many countries. South Africa, for example, has the world's largest population of HIV-positive individuals and yet has only recently begun to address the problem. "They were quite slow in scaling up treatments," says Emi MacLean, U.S. director of the Doctors Without Borders Campaign for Access to Essential Medicines. The country's former President, Thabo Mbeki, was a skeptic about AIDS research and refused to make antiretroviral treatment (ART) widely available. "It's really only in the last few years...

Author: /time Magazine | Title: Is Obama Scaling Back Bush's AIDS Initiative? | 12/2/2009 | See Source »

First, while it’s true that high-risk investments have increased the endowment exponentially, the story doesn’t end there. Many people strongly urge slow, low risk growth for educational institutions. Careful growth discourages $35 million salaries for investment-portfolio jockeys, helps restore balance between the liberal arts and the sciences, and minimizes steep budget fluctuations (leading to better departmental planning and reducing cuts). Most importantly, it controls the viral hunger for ever-larger returns on capital—a hunger that subverts the university’s critical search for a “veritas?...

Author: By Wayne M. Langley | Title: At the Crossroads | 12/1/2009 | See Source »

...Second, there are those who acknowledge that we cannot leave Afghanistan in its current state but suggest that we go forward with the troops that we have. But this would simply maintain a status quo in which we muddle through and permit a slow deterioration of conditions there. It would ultimately prove more costly and prolong our stay in Afghanistan, because we would never be able to generate the conditions needed to train Afghan security forces and give them the space to take over...

Author: /time Magazine | Title: Full Transcript of Obama's Speech | 12/1/2009 | See Source »

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