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...system now, decades before it's needed, would cut acquisition costs and might entice businesses to relocate inside the corridors. T. Boone Pickens could ship his West Texas water across the state in pipelines through the corridors; oil and gas could be shipped north from Mexico; even high-speed passenger rail lines could become reality. "The Trans-Texas Corridor is not just a road, not just asphalt," says Perry. "It's a vision...

Author: /time Magazine | Title: The Next Wave in Superhighways, or A Big, Fat Texas Boondoggle? | 12/17/2004 | See Source »

...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 of just two stores and a luxury catalog hawking, uh, toys like a tyke-size Mercedes convertible--a bargain at $15,000 (top speed: 15 m.p.h...

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

Others were suspicious too. In December 2002, a year before the company collapsed, Joanna Speed, Merrill Lynch's food-industry analyst in London, issued a "sell" recommendation on Parmalat stock. She found the accounts incomprehensible. Yet as late as 2003, Bank of America was still trying to woo Parmalat. In June, Kenneth Lewis, the bank's then chief executive, flew to Parma to see Tanzi. Ferraris recalls that the meeting with Lewis was cordial; he encouraged Parmalat to use the bank's services. "It was a marketing call," Ferraris recalls. "Lewis was saying, we'd love to do more business...

Author: /time Magazine | Title: How It Went Sour | 12/17/2004 | See Source »

...season was not kind to Giambi, 33. He had obviously lost weight when he reported to Yankees preseason camp in February, and by July he had lost bat speed and 65 points against his .302 career average. He lost the month of August to a mysterious ailment that was later diagnosed as a benign tumor. (The tumor, which the New York Daily News reported was near his pituitary gland, could be linked to Clomid, a women's fertility drug that boosts testosterone production and that Giambi has admitted he might have used.) And last week it seemed possible he could...

Author: /time Magazine | Title: How Pumped Up is Baseball | 12/17/2004 | See Source »

...folk wisdom and subjective judgment may, in this case, be right. Writing in last week's Proceedings of the National Academy of Sciences, a team of scientists reported that long-term, unrelenting stress on mothers can damage the DNA of their immune-system cells in a way that may speed up the aging process. "It's an immensely exciting result," says Robert Sapolsky, a Stanford University cell biologist who wrote a commentary accompanying the report...

Author: /time Magazine | Title: Health: The Ravages Of Stress | 12/17/2004 | See Source »

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