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...greed was involved in the IPOs those days. And the impact on our business -technology - was profound in the sense that a lot of those businesses that went away bought a lot of our products. Not just Herman Miller chairs, but also racks of servers and laptops and stuff. For a long time, throughout most of 2001, you could buy a lot of surplus servers on eBay for a third or tenth of the price. So there was a clear artificial bubble in terms of sales that got dissipated over the subsequent years. I don't see that same phenomenon...

Author: /time Magazine | Title: Intel Chief: Why Tech Will Survive Crunch | 11/5/2008 | See Source »

...lifelong registered Republican now on the Democrat's side, was heading out of the Obama campaign office in the 25th on Monday evening to knock on doors in Cuban neighborhoods. "They worry that Obama won't be tough enough with Castro," he said, "but the economy, the war - that stuff is making them a lot more open-minded...

Author: /time Magazine | Title: Election Day Dispatches: It's Morning for the Kenyan Obamas | 11/4/2008 | See Source »

...example, some of the new optical-scan machines, which replaced the hanging-chad punch machines of eight years ago, broke down, forcing election officials in several counties to place hand-marked ballots in the lockboxes attached to the non-functioning machines. When the lockboxes became full, officials had to stuff ballots into duffel bags or stack them on the floor. "Not the most secure place," said Jon Greenbaum, Election Protection's top lawyer...

Author: /time Magazine | Title: Despite Improvements, Still Problems at the Polls | 11/4/2008 | See Source »

...producers and tougher punishments for violators, poor oversight allowed producers to adulterate dairy products and animal feed with melamine until the latest scandal broke in September. And that means that after the livestock feed recall, the list of tainted products is likely to grow. "If animals are fed this stuff, then they have it in their meat," says Nestle. While Beijing has announced expanded testing procedures for the dairy industry, cracked down on melamine producers and begun investigating animal feed, it has yet to announce similar measures to test meat and eggs...

Author: /time Magazine | Title: China's Melamine Woes Likely to Get Worse | 11/4/2008 | See Source »

...other country is as obsessed with novelty as Japan. While product launches in the U.S. are often the stuff of great fanfare and huge p.r. budgets - New Coke, anyone? - endless iterations on an edible theme are the norm in Japan. American beer drinkers partial to Budweiser basically face a binary choice: Bud or Bud Lite, although they might occasionally find such niche-market products as Bud Select or Bud Extra. By contrast, when a Japanese beer drinker goes to buy a can of Asahi at an average convenience store, he has to choose between Super Dry, Premium, Prime Time, Black...

Author: /time Magazine | Title: Pepsi Ice Cucumber, Anyone? | 11/3/2008 | See Source »

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