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There's more at stake than the fate of one railroad company or getting a carload of molasses to the supermarket on time. The nation's four largest railroads, UP, Burlington Northern Santa Fe, CSX and Norfolk Southern, are a linchpin of the U.S. economy; when they don't run smoothly, it's tough for the economy to grow. And lately, for companies whose bottom line depends on moving goods on schedule, the situation has become dire. UPS, the huge parcel service, was recently forced to shift some shipments to trucks. Dow Chemical, which supplies, among other things, chlorine...

Author: /time Magazine | Title: Rail Trouble | 10/11/2004 | See Source »

...same time, we are seeing the emergence of smaller, brighter and cheaper data projectors. The technology in supermarket bar-code scanners is being transformed to create miniature high-resolution color laser projectors the size of a fingertip. Within a couple of years you will see them integrated into your cell phone and PDA; if you want to view data that won't fit on such small screens or if you want to look at the information with someone else, you can use those devices to project it onto any wall, tabletop or other surface so it appears as large...

Author: /time Magazine | Title: ESSAY: Forward into the Past | 10/11/2004 | See Source »

...April, Nicolas Sarkozy had one goal: to kick-start the stalled French economy. Boosting consumer spending seemed an obvious place to start. But Sarkozy, as always, was in a hurry: instead of spending months trying to push through a complex legislative fix, he leaned on France's leading supermarket chains to lower their prices by as much as 2-3% on hundreds of brand-name goods. The result: a mini-spending spree that contributed to estimated growth of more than 2% this year, compared with 0.5% in 2003. Publicizing the agreement, Sarkozy told the press it was merely "what...

Author: /time Magazine | Title: President Sarkozy? | 10/3/2004 | See Source »

...rule out the possibility to intervene when intervention is called for." Last month Sarkozy was in interventionist mode when he contended that low corporate tax rates in the European Union's 10 new member states were unfairly sucking jobs from the west. His solution was as simple as the supermarket price cut: either the low-tax E.U. nations raise their rates or risk losing billions in E.U. development aid (see Au Revoir Les Jobs). "I'm not against outsourcing per se, I'm just demanding that the competition driving it is fair," Sarkozy says. "Nations can't claim...

Author: /time Magazine | Title: President Sarkozy? | 10/3/2004 | See Source »

...became devoted to one song that months earlier I would have never thought I could fall for. This song was perpetually at the top of the Roman countdown, and was omnipresent during the high months of summer, blasting into the piazzas in the evening and played gently in the supermarket during the day. The video was heartbreaking, and this song beautiful. Both told a story of betrayal, pain, and closure...

Author: By Christopher A. Kukstis, CRIMSON STAFF WRITER | Title: I Want My Vasco Rossi and Eamon | 10/1/2004 | See Source »

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