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The First Lady might save another retailer, Talbots, from extinction. The company lost $128.4 million, excluding special charges, in the three months ending Jan. 31, compared with a $7.1 million loss the previous year. Same-store sales fell 14.2% for the year, and an incredible 24.6% in the fourth quarter...

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

The Sri Lankan government has been more welcoming of delegations from sympathetic countries, such as India, South Asia's regional superpower, and Japan, Sri Lanka's largest donor country. Neither has tried to exert similar public pressure. The Indian foreign secretary, Shivshankar Menon, met with Rajapaksa on April 24; three...

Author: /time Magazine | Title: Behind Colombo's P.R. Battle Against the Tamil Tigers | 5/6/2009 | See Source »

Zardari on Tuesday met privately with some members of the committee and tried to reassure them that he is on top of things in Islamabad and a worthy recipient of further U.S. largesse. On Wednesday and Thursday, he will take that message to the White House. Zardari will meet twice...

Author: /time Magazine | Title: Zardari in Washington: Hard Questions for Pakistan's Leader | 5/6/2009 | See Source »

His wife Blanca Arcos waited day and night in the hospital. Unlike her husband, she was exposed to the full media frenzy on the virus adding to her anxiety. "I couldn't get to see him at all, not even though glass. So I just had to imagine what he...

Author: /time Magazine | Title: Swine Flu: A Survivor's Tale | 5/5/2009 | See Source »

A host of other problems aggravated Panama's electorate, chief among them security, education and an antiquated public-transit system. "I have voted for the PRD for the past 25 years, but this time I [tried] my luck with Martinelli," says Pedro Gomez, owner of a small Panama City cobbler...

Author: /time Magazine | Title: Panama's New President: A Boost for Business | 5/5/2009 | See Source »

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