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Novartis' sales in 1998 and 1999--slowed by a dearth of lucrative products--increased just 2% a year, while those of its main competitors were growing at about 10 times that rate. Looking for a unifying vision for his new company, Vasella championed "life sciences," the idea that biotechnology would unite nutritional, agricultural and pharmaceutical businesses. But the expected synergies did not materialize for Novartis, or for any other company that tried the life-sciences approach. Once he saw his vision wasn't working, Vasella was quick to abandon it. He divested Novartis of its agribusiness unit...

Author: /time Magazine | Title: Drug Lord | 11/13/2007 | See Source »

...fathers' investments. Gulf money 20 years ago was being sunk into safe-bet, low-yield U.S. Treasury bonds--or the arms bazaar. Some recent deals--Dubai's brief holdings in DaimlerChrysler and Madame Tussauds, for example--have been opportunistic. But Dubai's bid for NASDAQ is part of a vision for positioning the city-state as a world-class business center. "Dubai has managed in the last 30 years to become the commercial hub of the region," says Soud Balawi, head of Dubai Investment Group. "We want Dubai to become the financial hub as well...

Author: /time Magazine | Title: Welcome to Du-Buy? | 11/12/2007 | See Source »

...Does everything have to be political? Why can't Rowling's explanation that she "always thought of Dumbledore as gay" simply be an author's attempt to describe her vision of a character and how she imagined a broader fictional life to skillfully shape a written character? I am as bothered by this article as I would be by conservatives complaining that Rowling's statement was part of some gay agenda. Timothy Koirtyohann, Fort Worth, Texas...

Author: /time Magazine | Title: Inbox | 11/9/2007 | See Source »

...cannot alter the will of the Allied nations or the ethnic hostilities of the Balkan states; for, as Andelman attests, “the currents of history move slowly.” Yet one man’s dream—President Wilson’s commitment to his vision for a League of Nations—can shape an entire Peace Conference and might, arguably, be charged with its failure. On the last page of the book, Andelman notes that we have learned from history that the best of intentions can fail: “We have only...

Author: By Anjali Motgi, CRIMSON STAFF WRITER | Title: Nothing Earth-'Shattering' | 11/9/2007 | See Source »

...emphasize the magical aspect of the island and the music and dance achieves that,” she says. “The audience can see the spirits that are dancing, hear the music, but the actors can’t necessarily have access to that field of vision during the play. It adds another field of dimension.” Music Director Julia S. Carey ’08 chose Finnish composer Jean Sibelius’ music for “The Tempest” for this production. Just as “The Tempest” was Shakespeare?...

Author: By Katherine L. Miller, CONTRIBUTING WRITER | Title: ‘Tempest’ Storms the Mainstage | 11/9/2007 | See Source »

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