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...danger is that Macy's will oversaturate its stores with merchandise that is exclusive but still unexciting. "Consumers don't want to go and find the same thing at every darn store," says Pam Danziger, president of Unity Marketing. Steven Keith Platt, head of a Hinsdale, Ill., retail think tank, the Platt Retail Institute, expects Federated to make deals with several well-known apparel and housewares makers to create products that consumers will find only at Macy's. Lundgren says he has already received at least half a dozen such offers but hasn't inked any deals...

Author: /time Magazine | Title: Department-Store Superstar | 2/6/2006 | See Source »

TEFLON In 1938 Roy Plunkett, a young Du Pont chemist, was trying to find a new kind of refrigerant for manufacturers and filled a tank with a gas related to Freon. When he opened it later, he found he had accidentally created a slippery white powder. General Leslie Groves, heading the Manhattan Project to build the atom bomb, heard about the substance from a Du Pont friend when his scientists were looking for a material for gaskets that could resist the bomb's corrosive gas, uranium hexafluoride. Groves had Du Pont make Teflon for the bomb, but it wasn...

Author: /time Magazine | Title: Eureka! ... But What Is It? | 2/6/2006 | See Source »

...complicated way, and I see how it can be done simply,” he says.This tendency has not always worked to his benefit. He was once hired at $500 per day to fix a blood-analysis machine in a testing laboratory, and immediately realized that the tank for deionizing the machine’s water supply was contaminated with bacteria. It took him only two days to clean the tank and flush clean water through the system.“They were paying me $500 a day, and I finished in two days!” he reflects...

Author: By Virginia A. Fisher, CRIMSON STAFF WRITER | Title: Bookbinder Doubles As Inventor | 1/18/2006 | See Source »

National Center for Public Policy Research: Abramoff sat on the board of this think tank when, in 2000, he took DeLay and his aide Tony Rudy on a golfing junket to Scotland. Two checks of $25,000 to this entity from eLottery and an Indian tribe allegedly helped cover the $70,000 bill...

Author: /time Magazine | Title: How to Raise Cash... Disguise Its Sources... And Buy Influence | 1/9/2006 | See Source »

...toxic gases. As the rescue operation dragged on, with workers slowly reventilating the mine, video cameras lowered into holes indicated that the trapped men might have escaped the blast. Their transport rail car was discovered empty but intact, and the miners each carried an emergency oxygen tank, providing air for about 1.5 hours...

Author: /time Magazine | Title: A Dozen Miracles Short | 1/4/2006 | See Source »

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