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What's the solution? Li & Fung is moving up the food chain, becoming a brand-managing powerhouse. This year it is on track to sell more than $200 million of licensed goods like Levi's Red Tab and Signature tops and Disney plush toys--a business many analysts expect to grow to $1 billion by 2007. In August it paid $124 million for the U.S.-based Briefly Stated, which produces pajamas, underwear and T shirts for such diverse brands as Professional Bull Riders Inc. and Catwoman. Eradicating the middleman role for some products could open up other opportunities...

Author: /time Magazine | Title: Exports: Trading Up | 11/15/2007 | See Source »

...efficiency. New York Times columnist Paul Krugman, for one, suggests governments are necessary to correct for market failure. Those who need care the most, the chronically sick or diseased, are denied insurance. As a result, their conditions worsen, debt accumulates, and the public must eventually pick up the tab...

Author: By Will E. Johnston | Title: Putting the Horse Before the Cart | 11/14/2007 | See Source »

...presidential veto over wasteful and excessive spending,"Boehner said. "House Democrats have intentionally designed a strategy to ensure more pork and more wasteful spending, not less. That's not what the American people want, and Republicans will stand on principle to ensure families aren't stuck with the tab for the Democrats' spending spree...

Author: /time Magazine | Title: The Dems' Post-Veto Vote Plan | 10/17/2007 | See Source »

...historically elite and notoriously expensive Harvard, with its total cost per year surpassing $41,000 in 2007. Another was the Franklin W. Olin College of Engineering, where every accepted student is offered a scholarship that completely covers tuition. Morales, whose family would have been unable to pick up the tab for four years of college without financial aid, ultimately forwent the ivy-laden gates of Harvard Yard and now—surprisingly—pays more to attend tuition-free Olin than he would have had he come to Cambridge.For many the idea of a free private college education...

Author: By Jamison A. Hill, CRIMSON STAFF WRITER | Title: Why Can't Harvard Be Free? | 10/10/2007 | See Source »

...attend the party say that, warm and fuzzy sentiment aside, they plan to leave within a few years. "Work is just work," says one of them. No amount of free sake, it seems, can convince today's young salarymen that their loyalty can be purchased on the company tab...

Author: /time Magazine | Title: Japan Inc. Is Drinking Again | 9/6/2007 | See Source »

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