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...Hefty profit margins are the main driver of Caterpillar's enthusiasm for remanufacturing and its ongoing expansion into Europe. But reman's practitioners also relish the challenge of giving clapped-out parts new leases on life. "It's all about taking back old stuff in mass quantities and doing something with it," Fisher says. That waste-not ethic is evident on the shop floor of the Shrewsbury complex. Tim Baker, the plant's operations manager, says employees get excited about coming up with new ways to salvage. "Our people are very passionate about not throwing things away," says Baker...

Author: /time Magazine | Title: Born Again | 7/12/2007 | See Source »

...luan, or chaos, caused by rampaging Red Guards; Nazi Brown Shirts would have made a similar impression on Kissinger. Given this context, it's easier to comprehend the striking degree of empathy Kissinger displayed following the Tiananmen crackdown. "No government in the world would have tolerated having the main square of its capital occupied for eight weeks by tens of thousands of demonstrators," he noted - and then counseled everyone return to business...

Author: /time Magazine | Title: Where Kissinger Still Rocks | 7/10/2007 | See Source »

...cabinet - a move denounced by the Socialists as taking advantage of personal ambition to divide and conquer the left. (Kouchner was expelled from the party.) Now, detractors charge, Sarkozy is seeking to sway the outcome of the Socialist Party's internal power struggle by off-shoring one of its main contenders, former Finance Minister Dominique Strauss-Kahn. Sarkozy has nominated Strauss-Kahn to head the International Monetary Fund, making him the fast-track favorite to fill a position traditionally chosen by the Europeans...

Author: /time Magazine | Title: Dominique Strauss-Kahn, Sarkozy's Pick for the IMF | 7/10/2007 | See Source »

...Carriers are still weighing their options. Some are considering the 787; others the Airbus' 350, viewed as the 787's main competitor which will be out in 2015. Delta, as it ramps up its international presence, could be on the books by the end of this year with the largest Boeing order so far, for 125 787s. But Delta, like others, has to wait. Boeing is sold out until...

Author: /time Magazine | Title: Will the Dreamliner Soar? | 7/9/2007 | See Source »

...last thing the hurricane-scarred city needed to hear. Tidewater was founded here a little more than 50 years ago, and kept its main office in New Orleans throughout the oil bust of the 1980s and the following decades of industry consolidation, when dozens of energy firms all but abandoned New Orleans for greener pastures on the Texas coast. In the nearly two years since Hurricane Katrina ravaged the city, the pace of exodus has accelerated, complicating New Orleans' halting recovery; according to the local business weekly CityBusiness, the metropolitan area has lost 12 of the 23 publicly traded companies...

Author: /time Magazine | Title: New Orleans' White-Collar Exodus | 7/6/2007 | See Source »

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