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...reaching a deal with trade unions to rub out the pension's deficit over the next decade through one-off cash injections and changes to employee benefits. Two months later, "Slasher," as Walsh was known while rescuing the Irish carrier from the brink, cut hundreds of senior managers. Soon afterward, he unveiled a blueprint for shrinking BA's costs by close to $1 billion, partly through further job cuts. With fewer bills to pay, BA looks set next year to hit its target operating margin of 10%, its highest ever...

Author: /time Magazine | Title: Cabin Pressure | 9/20/2007 | See Source »

...when they don't win? It's not pretty. John Hart had the misfortune of being the All Blacks coach when they were overwhelmed by France in their World Cup semifinal at Twickenham, England, in 1999. In the weeks afterward, he was vilified on New Zealand talk-back radio and spat on by patrons at an Auckland racetrack. Four years later, the All Blacks lost another semifinal 22-10 to Australia in Sydney. The coach that night, John Mitchell, was sacked, and now coaches in Australia. He declined to be interviewed by TIME on the All Blacks. "He baulks...

Author: /time Magazine | Title: The Black Arts | 9/6/2007 | See Source »

...finally get some decent dog movies out there instead of this junk with Cuba Gooding Jr. If I see one more mutt that overcomes the odds to become a firehouse dog or a shepherding dog, I'm going to barf up my food and not eat it afterward. I've got some feelers out for some scripts with dog antiheroes, someone cool who loves his pups but has to kill people who harbor the pirated DVDs he sniffs out. Because it's what he's been trained to do. And because it's right...

Author: /time Magazine | Title: The Maltese Millionaire Speaks! | 9/6/2007 | See Source »

...foreign medical school graduate must pass. Robyn Tamblyn, the lead author of the JAMA paper and a professor of medicine at McGill, thinks the test ought to be given even earlier than that. Why have doctors slog through med school only to be pushed out of the profession afterward because their bad bedside manner? Tamblyn recommends testing students' aptitude for communication as part of the med-school admissions process, or at least testing students early enough in medical school that they can get remedial help if they need it."I think that's the most efficient thing...

Author: /time Magazine | Title: Better Bedside Manners | 9/5/2007 | See Source »

...morning after the 1987 stock-market crash. Fearful banks stopped lending until new Fed Chairman Alan Greenspan restored confidence with reassuring words and piles of cash. Greenspan did the same when credit markets froze after the Russian government defaulted on its debts in 1998. But he was criticized afterward for being perhaps too generous and reassuring and for launching an era of overly easy money...

Author: /time Magazine | Title: Ben Bernanke Walks the Line | 8/23/2007 | See Source »

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