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...antibiotic Cipro, the drug of choice during the panic over anthrax, which boosted sales to j1.9 billion. The company hopes a new once-a-day Cipro version will help maintain sales against generic competition from companies like Ratiopharm in Germany. Bayer had long insisted that it needed a drug unit to help offset market cycles in its chemical and pesticide units. When Werner Wenning took over as CEO last year, he suggested the company would be willing to merge its drug business as long as it maintained control of the new entity. In November, he dropped that demand...

Author: /time Magazine | Title: Who'll Swallow Bayer? | 1/5/2003 | See Source »

...York City. Everyone knew that organized crime controlled the trucking business in the city's garment center, but no one could figure out how to crack it or how to make the case. At the time Spitzer was the 33-year-old chief of the labor-racketeering unit at the Manhattan district attorney's office. A few attempts to wire undercover agents had failed, in part because the target--the notorious Gambino family--was wary of such tricks. So Spitzer came up with a high-risk plan to set up his own sweatshop. He brought in a state trooper...

Author: /time Magazine | Title: Eliot Spitzer: Wall Street's Top Cop | 12/30/2002 | See Source »

Only the $99 Air Bud sold by RadioShack was truly awful. It was also the only unit that uses 900-MHz wireless technology instead of Bluetooth. First, you need to charge it for three hours via the cigarette lighter in your car (and in many cars, with the motor running) or else buy a separate wall charger for $15. Worse, the headset was bulky and hurt my ear. But the clincher was the dismal sound. "It sounds like you're on an international call," my sister told me. Definitely not the effect I was going...

Author: /time Magazine | Title: Can You Hear Me? | 12/30/2002 | See Source »

...confounded some FBI insiders by promoting and decorating officials who held key leadership positions when the bureau missed warning signs in the months leading up to Sept. 11. The FBI chief outraged congressional critics by citing Marion (Spike) Bowman--the head of the bureau's National Security Law Unit, which refused to let the Minneapolis, Minn., agents search Zacarias Moussaoui's computer and belongings in August 2001--for "exceptional performance." (For his part, Bowman says that "I don't think I did anything wrong here. In fact I know I didn't.") Mueller also named Pasquale D'Amuro, the counterterrorism...

Author: /time Magazine | Title: The FBI: Does It Want to Be Fixed? | 12/30/2002 | See Source »

...quick fixes have faded as the scale of the government's challenge has become clear. But the early setbacks have not deterred companies from setting up shop in or near Washington to get closer to the action. In the past year, Raytheon and EMC launched a joint government IT unit, and SAP relocated its global public-sector headquarters to the Washington area. And PeopleSoft launched two new products designed for the Homeland Security market...

Author: /time Magazine | Title: Speed Reader | 12/23/2002 | See Source »

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