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...Ten years ago, James Herring was the barman at the Flag and Firkin, an imposing Georgian pub a stone's throw from Watford Junction, a half-hour train ride from central London. "We were the flagship pub for Firkin [Britain's largest brewer]. We had loads of funding for staff and promotions and Firkin kept the place looking nice. In those days, we were packed." The Flag, as has been known since the Firkin Brewery went out of business in 2001, is owned by Mitchell and Butler, the leading operator of pubs and pub restaurants in the U.K. Before Christmas...

Author: /time Magazine | Title: Why the Pub Is Empty | 1/28/2008 | See Source »

...ascertain the cause of death based on an autopsy performed Wednesday morning. "We did the autopsy today and it was inconclusive," Ellen Borakove, an office spokeswoman, told TIME. Further toxicology and tissue tests were needed to determine the cause of death, she said. It will be at least ten days before results become available...

Author: /time Magazine | Title: The Clues in Heath Ledger's Death | 1/23/2008 | See Source »

...story of Yum Brands shows that in the global economy, it's not so much what you sell but how you sell it. Ten years ago, Colonel Sanders was losing the global fast-food war to the Golden Arches. PepsiCo had spread its restaurant division too thin, planting capital-consuming, company-owned-and-operated stores in 32 countries instead of franchising them as it does in the U.S. But PepsiCo did set up valuable infrastructure, including supplier relationships and local management teams. "PepsiCo laid down the tracks but hadn't yet taken advantage of the opportunity," says Novak. In swift...

Author: /time Magazine | Title: Kentucky Fried Rice | 1/17/2008 | See Source »

Indeed, the very things that helped Romney handily defeat McCain by almost ten percentage points - his more optimistic view of the economic future and claims that the auto industry's jobs could be saved - could look to some voters like the worst kind of political pandering; in other words, the same old Mitt...

Author: /time Magazine | Title: Has Romney Found His Voice? | 1/16/2008 | See Source »

...years ago, all Bush got was a sword dance. Which was charming. It's not as if Bahrain doesn't have money - it just doesn't have obscene amounts of money from oil exports. Not coincidentally democratic reform has moved forward consistently over the last ten years, producing a new constitution and a bicameral parliament. A U.S. ambassador in the region says the relationship between oil wealth and democratic development explains the difference. "Bahrain has a large population that's unemployed and there are debates about resource allocation," he says. "If people can't participate in those debates, that...

Author: /time Magazine | Title: How to Decorate Like An Emir | 1/14/2008 | See Source »

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