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Penney has another feather in its cap: a more established online presence than Kohl's. Last January, in fact, its online sales hit $1 billion--and in the third quarter, sales via the Internet rose an impressive 27%. Ullman boasts that the company is "the largest mass merchant" online. A key advantage: the infrastructure set up to support the company's decades-old catalog business...
Instead of driving, she gets to school via the London Underground, sometimes lugging as many as four trumpets along with...
Take the journey of the bacterium that caused all the trouble, Vibrio cholerae. From its source in the Ganges. Jones follows its progress to Broad Street and beyond, to the megacities of today's developing world via some illuminating detours. He details, for example, how the human body's adaptability to alcohol, a pretty good option when clean water is hard to find, became a genetic advantage and helped drive urbanization...
Investors have thrown money at them. They amassed a $1.2 billion bankroll, including $500 million through a debt sale and the remainder via 32 investors ranging from fellow entrepreneurs like Internet billionaire Mark Cuban and carpet kingpin Julian Saul to hedge funds and financial firms, including Wellington Management and Fidelity Investments. Declares Harvey: "We now have the ability to buy a company for a billion dollars...
...gotten me into this mess," she wrote TIME via e-mail. "And I love it!" It will all be worthwhile, she says, if it can save one person's life...