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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 »

Last night marked the start of Harvard Business School’s first Alumni New Ventures Contest, which will award $25,000 cash to one team of entrepreneurs in April...

Author: By Jacob Cedarbaum, CONTRIBUTING WRITER | Title: HBS Launches New Entrepreneurial Contest | 12/2/2009 | See Source »

Claudio Abiendi, a longtime Lega Nord member who leads security policy on the city council, told the daily La Repubblica that he came up with the initiative as a way "to start cleaning things up" in Coccaglio, a town of 7,000 with some 1,500 immigrant residents. "For me, Christmas isn't the celebration of hospitality, but rather of Christian tradition and our identity," he said. Abiendi also told the paper that approximately half of the 150 inspections already carried out turned up people who no longer had a right to reside in Italy. He said he would report...

Author: /time Magazine | Title: An Italian Town's White (No Foreigners) Christmas | 12/1/2009 | See Source »

...exploit uncertainty and create political consensus," says Mario Marazziti, Sant'Egidio's spokesman. "But in the end, it is against the national interest. Italy is in demographic decline, and the only real chance is to work to integrate immigrants, who are the last hope for the country to start to grow again. All the rest just creates conflict and puts off resolving this crisis...

Author: /time Magazine | Title: An Italian Town's White (No Foreigners) Christmas | 12/1/2009 | See Source »

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