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...black neighborhoods in Chicago and Los Angeles, where residents are desperate for big stores. Earlier this year, the company announced its ?Jobs and Opportunity Zone Initiative,? a campaign to open 50 stores in blighted, high-crime areas. Exploitation or economic expansion? That?s the wedge Wal-Mart has driven between residents of these neighborhoods. Labor and community activists have kept Wal-Mart out of some neighborhoods, but minority real estate developers - and the lure of jobs, whatever the wage - have prevailed in others. But Wal-Mart?s wedge strategy may be hard to maintain...

Author: /time Magazine | Title: Why Target Walked Away from Chicago | 8/3/2006 | See Source »

...hard, hilarious look at the reality behind this ruling cliché? For all the exaggerations in Michael Arndt's script (jauntily directed by the husband-wife team of Jonathan Dayton and Valerie Faris), it comes closer to the truth about the way people really live--on the edge of fantasy-driven desperation--than our sanctimonies permit us to think...

Author: /time Magazine | Title: The Impractical Dream | 7/31/2006 | See Source »

...yield, risky junk bonds. Raiders feasted on bloated conglomerates such as Beatrice, buying them up, busting them apart and reselling at a profit--until the economy slipped into recession. The ensuing bankruptcies killed off the junk-bond market, and the deals dried up. The late 1990s saw a tech-driven LBO resurgence, but that too ended with the 2000 bubble burst...

Author: /time Magazine | Title: The Big Deals Wheel Again | 7/30/2006 | See Source »

...fertility-clinic embryos, which it shares with researchers around the world. Scientists, desperate for variety, snap them up. "Not all embryonic-stem-cell lines are created equal," says Dr. Arnold Kriegstein, who runs the Institute for Regeneration Medicine at the University of California, San Francisco. "Some are more readily driven down a certain lineage, such as heart cells, while others more easily become nerve. We don't understand how it happens, but it does mean we need diversity...

Author: /time Magazine | Title: Stem Cells: The Hope And The Hype | 7/30/2006 | See Source »

...ambulances, driven by Qassem Shaalan, had left Tyre at around 10 p.m., having arranged to meet another ambulance coming from Tibnine, some 15 miles away, at Qana, which lies between the two towns. The Tibnine ambulance was carrying three people, a husband and wife and their 14-year-old son. All three had been injured in Israeli artillery shelling around Tibnine and their condition was sufficiently serious to dispatch them to hospital in Tyre. It took Shaalan about 15 minutes to reach Qana, having steered his ambulance around the numerous bomb craters in the road. As usual, the ambulance...

Author: /time Magazine | Title: Where No One Is Safe | 7/25/2006 | See Source »

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