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...more, says Pratt, "Magners has been carefully positioned by us as anything but fashionable." Perhaps, but the pace of Magners' U.K. growth did slow slightly over the winter. C&C is confident demand will pick up again with the warmer weather, and it expects Magners' share of the total U.K. beer and cider market to more than double to 4% over the next three to four years. In anticipation, the company recently spent $271 million on doubling capacity at its cider plant in County Tipperary, Ireland...

Author: /time Magazine | Title: How Do You Like Them Apples? | 5/17/2007 | See Source »

...designing Writeboard, for collaborative writing, the team wanted to let people track how much a document had changed over time. They pored over Ph.D. theses and complex algorithms. Instead, ace programmer David Hansson worked out a "cheat": software to track the number of characters in each document. The evolving total could be conveyed visually using dots of different sizes. With that clever solution, 37signals reduced what could have been a months-long programming project to a day's work...

Author: /time Magazine | Title: Small Is Essential | 5/17/2007 | See Source »

...handling passes--and he scores, says the associate. Medvedev also hits as hard as the Kremlin wants. One such hit shook Sakhalin Energy (SE), operator of the Shell-led Sakhalin II consortium. At $20 billion, it is the world's largest integrated oil-and-gas-export project, with total reserves of some 4 billion bbl. of oil equivalent (BOE) and total project capacity of 395,000 BOE per day, including 9.6 million tons per year of liquefied-natural-gas production. It is also the largest single foreign investment in Russia. When Sakhalin II's operators initially refused to accommodate Gazprom...

Author: /time Magazine | Title: Heavy Hitter | 5/17/2007 | See Source »

...Increase in spending on breast-cancer research by the National Cancer Institute over the same five years; total spending on breast- cancer research topped $560 million...

Author: /time Magazine | Title: Numbers: May 28, 2007 | 5/17/2007 | See Source »

...payroll as the Eliot university professor—one of 21 faculty members holding the prestigious university professorships. Harvard has not disclosed the salary that it pays to its university professors.In addition to his university professor’s pay, Summers will receive salary supplements from Harvard, although the total value of all these supplements will be less than his fiscal year 2006 pay.According to the tax returns, Harvard’s highest-paid faculty member last year was Baker Foundation Professor of Business Administration F. Warren McFarlan ’59, who earned $300,000 in salary?...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: Summers Left With $1 Million Loan | 5/16/2007 | See Source »

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