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...Manipulating markets is a luxury that governments increasingly cannot afford. The Indian government spent almost $9 billion last year on fuel subsidies, adding to the country's budget deficit. State-run gasoline retailers have been losing billions of dollars as well because they are forced to sell to consumers at prices set by New Delhi. When the three largest state-owned oil companies warned recently that they would soon run out of money to import oil, the government finally raised price caps...

Author: /time Magazine | Title: Asia Hits an Oil Slick | 6/12/2008 | See Source »

...actually trying to change what our core business is from electronics to customer needs. In the last five years we have focused on what someone actually does with the products we sell. How does it affect their lifestyle? We have been focused on the use rather than on the product specifically. We think this is going to help us get a deeper, richer understanding of the product...

Author: /time Magazine | Title: Q&A with Best Buy CEO Brad Anderson | 6/12/2008 | See Source »

...production up, it was able to bring its costs down. Solar producers measure their costs in terms of dollars per watt of energy produced, a formula that's a combination of the cost of producing a module and its power efficiency. Right now the best crystalline-silicon makers can sell modules at $3 to $4 a watt; First Solar can sell at around $2.40 a watt, a price the company expects to reduce steadily. "They've really pushed this industry over the threshold," says Travis Bradford, author of The Solar Revolution. "They possess great technology...

Author: /time Magazine | Title: Solar Power's New Style | 6/12/2008 | See Source »

...make it easy for yourself." A movie that shows but doesn't tell, and whose leading characters are essentially mimes, could put an end to the eight-film box-office winning streak that began with Toy Story in 1995 and continued unbroken through last year's Ratatouille. To sell the project, Stanton had only his faith in the idea, and the collaboration of sound-design guru Ben Burtt, who would create WALL?E's "voice" and most of the film's other noises. But as Stanton recalls, "No one questioned this. They all knew it would work...

Author: /time Magazine | Title: WALL-E: Pixar's Biggest Gamble | 6/12/2008 | See Source »

...failed me on all my tests throughout the day, said I rocked. Sure, some of my methods were unorthodox, according to FAA regulations, like making a cocktail for myself and drinking it as I went down the aisle, but I think that did a lot for the up-sell. Even my creepy workplace flirting finally found an appropriate context. "I give you a 9.5 out of 10," Fields said. "You didn't just give that woman a blanket; you opened it up and wrapped it around...

Author: /time Magazine | Title: Scared of Flight Attendants? Become One | 6/12/2008 | See Source »

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