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...economy. However, consumers shouldn't be as giddy as they were, say, six months ago, when stores were running 70% clearance sales to shed their excess holiday inventory. Stores have wised up a bit and cut inventory levels to match the slack in demand. So while retailers may offer lean discounts, we're beyond the slash-and-burn era. "Consumers are going to see moderately priced value offerings," says George Whalin, president of Retail Management Consultants. "The really, really deep mark-downs aren't going to happen this year...

Author: /time Magazine | Title: Back-to-School Shopping Gets Lean And Mean | 8/12/2009 | See Source »

...normal weight - 3,064 vs. 2,080. He isn't the first researcher to reach this conclusion. As science writer Gary Taubes noted in his 2007 book Good Calories, Bad Calories: Fats, Carbs, and the Controversial Science of Diet and Health, "The obese tend to expend more energy than lean people of comparable height, sex, and bone structure, which means their metabolism is typically burning off more calories rather than less...

Author: /time Magazine | Title: Why Exercise Won't Make You Thin | 8/9/2009 | See Source »

...back to 1978's Proposition 13, which cut property-tax rates 57% and forced the state to rely more heavily on income tax revenue. When Californians were wealthy, the tactic generated a surplus, enabling politicians to cut taxes, pad budgets and bask in their popularity. But when times were lean, the state struggled to pay its bills. Governor Pete Wilson encountered this dilemma in 1991, as did Gray Davis in 2003. Now it's Arnold Schwarzenegger's turn to try to wrestle a highly partisan legislature into slashing enough programs to eliminate a towering deficit. Having raised taxes...

Author: /time Magazine | Title: Spotlight: California's Budget Crisis | 7/27/2009 | See Source »

...based automakers had even higher numbers: Suzuki has a 108-day supply, Jaguar dealers are sitting on a 92-day supply, Mitsubishi stands at 84 days and Mazda has 78 days of supply, according to estimates from dealers collected by J.D. Power & Associates. Honda, which traditionally has kept inventories lean, has a generous 64-day supply; Daimler's Mercedes-Benz and Smart units, also lean players, have a combined 63-day supply of vehicles. Even Volkswagen, which has been aggressively promoting its cars while other carmakers trimmed advertising, had a 78-day supply of autos during July, according...

Author: /time Magazine | Title: As Cash for Clunkers Starts, Dealers Hope to Clear Lots | 7/27/2009 | See Source »

...year run at Porsche, the Stuttgart-based sports car icon which has just failed in its bid to take over motoring giant Volkswagen and will now be merged into the VW group. He took the job when Porsche was on the skids and transformed the company into a lean, profitable manufacturer while reestablishing Porsche as a leading global brand...

Author: /time Magazine | Title: Is Porsche's Exiting Boss A Symbol of Capitalist Excess? | 7/25/2009 | See Source »

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