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...April, serves pizza along with its most beloved Italian cousin, gelato, in 28 house-made flavors - including the creamy, addictive nutella. The pizza "pies" are shaped like small surfboards, with crusts mixed from imported Neapolitan flour and sinful strutto, a rendered pork fat. Once sauced and baked, they're sold by the inch - 99 cents to $1.50 per inch, three-inch minimum. Early hits include the mozzarella-only Biancaneve...

Author: /time Magazine | Title: Posh Slice: Pizza, a Budget Staple, Goes Upscale | 5/8/2009 | See Source »

...Analysts say the deal seems to fall short of a full merger. It appears that Porsche's car-making unit will not be sold to VW, but will retain some independence. And the rights issue will be dilutive to earnings because profit will be distributed among a larger number of shares. The uncertainty about the structure of the deal was fueled by comments from Bernd Osterloh, head of VW's works council, who said the two companies may not merge at all. (See pictures...

Author: /time Magazine | Title: Porsche and VW Agree to a Merger | 5/7/2009 | See Source »

...biggest obstacle was Piech, whose grandfather designed the iconic VW Beetle and also created the foundations of the Porsche brand. Piech has long had ambitions of bringing Porsche under VW's roof and has been working for years to build VW into the world's leading car company. VW sold 6.27 million cars last year, and Piech, VW execs have said, has his sights set on overtaking Toyota, which sold 8.9 million cars, and GM, which sold 8.35 million. (See pictures of a brief history of Pontiac...

Author: /time Magazine | Title: Porsche and VW Agree to a Merger | 5/7/2009 | See Source »

...Then, in early April, she wore a $298 J. Crew cream hand-beaded cardigan, with a $158 "dazzling dots" pencil skirt, on a visit to a London cancer center with Sarah Brown, wife of British Prime Minister Gordon Brown. The photos shot around the globe. The cardigan sold out on J. Crew's website by 10 a.m. E.T. the same day. Two days later, it was selling for $600 on eBay. The wait-list for the cardigan at J. Crew exceeds 200. "I feel like I'm getting a present every day," says Jenna Lyons, creative director for J. Crew...

Author: /time Magazine | Title: Can Michelle Obama Save Fashion Retailing? | 5/6/2009 | See Source »

...April 25. Dilip Chenoy, director general of the Society of Indian Automobile Manufacturers (SIAM), says the Nano is the first car in India to log more than 200,000 orders at launch. In comparison, the tiny Suzuki Alto, one of the Japanese carmaker's best-selling Indian offerings, has sold 913,000 units in the domestic market since 2000. (See the 10 things you should know about the Nano...

Author: /time Magazine | Title: Indian Car Buyers Snap Up the Nano | 5/6/2009 | See Source »

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