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...destruction of Yukos coincided with a shift in economic policy, with the Kremlin reasserting state control over key areas of the economy like energy, and gradually backtracking on promises of free market reforms. By the end of last year, even members of Putin's own team - his economic adviser Andrei Illarionov and Trade Minister German Gref - were complaining that reforms had stalled and the President had failed to use the bonanza in oil revenues to shift the economy away from its near total dependence on oil and gas and toward a more diversified set of exports. In December, Illarionov warned...

Author: /time Magazine | Title: Putin on the Spot | 1/23/2005 | See Source »

...newspaper ads, seen in Pakistani towns, signify a shift in the theory about where bin Laden might be. Congressman Mark Kirk, the Illinois Republican who wrote the bill boosting the reward and who just traveled to Pakistan, says it's possible bin Laden is not in some snowy mountain cave but has melted away into one of the teeming Pakistani cities, as had several other al-Qaeda agents who have been captured. "What we're looking for is some young Pashtun living in a town who knows the value of $25 million and can figure out how to reach...

Author: /time Magazine | Title: A New Osama Push | 1/23/2005 | See Source »

...Ronil Hira, a professor of public policy at the Rochester Institute of Technology. Working on everything from basic science to prototypes of new products, centralized labs produced landmarks like the transistor, and every major corporation had such incubators. That changed over the past 20 years, as businesses started to shift their R&D money away from basic science in centralized labs (they would rely on universities for that) and toward design-and-development work done elsewhere?closer to production sites, by private research companies and eventually overseas...

Author: /time Magazine | Title: The New Ideas Labs | 1/23/2005 | See Source »

...summer we can have three or four people a shift,” said Jesse McDad, an employee at Ben & Jerry’s. Currently, the store only has one or two people at the counter at any given time...

Author: By Rebecca M. Harrington, CONTRIBUTING WRITER | Title: Ice Cream Sales Freeze | 1/19/2005 | See Source »

...strategy. Kellogg had been suffering at the hands of consumers who were flocking to cheaper cereals--or finding other things to eat altogether. The company's initial reaction was to discount, which only hurt the bottom line more. At the core of Gutierrez's fix-it strategy was a shift in financial goals: instead of focusing on the number of pounds of product sold, executives started looking at performance in terms of dollars. As a result, the company put increased emphasis on more expensive items, such as Special K Red Berries and Raisin Bran Crunch. Also, Kellogg bought Keebler Foods...

Author: /time Magazine | Title: Biz Briefs: Food: A New Tiger Tamer | 1/16/2005 | See Source »

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