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...rather than a wild-eyed liberal. And he has chosen a rags-to-riches Hispanic woman. Her life story is inspirational - a political consultant's dream. Since she is certain to be confirmed, there are plenty of smart conservatives who will, by midday Tuesday, have done the political cost-benefit analysis: at a time when Republicans are trying to demonstrate that their party can reach beyond rich white men, what mileage is there in doing anything but celebrating such a historic choice...

Author: /time Magazine | Title: Smooth Sailing: Sotomayor Headed to Easy Confirmation | 5/26/2009 | See Source »

...year as Taiwan's leader. Tourists from the Chinese mainland were allowed to visit Taiwan for the first time last year and are arriving by the thousands each day, he notes, giving the recession-hit local economy a welcome, albeit minor, boost. He stresses that he wants Taiwan to benefit economically from better ties with China - but he won't let the island be assimilated by the rising giant. "I won't sell out Taiwan," Ma told TIME, adding that "I'll sell China Taiwan fruit ... We're trying to create an atmosphere of peace." (See the world's most...

Author: /time Magazine | Title: Building Bridges to China | 5/25/2009 | See Source »

...Four Seasons Resort Punta Mita, 45 minutes from Puerto Vallarta, is giving away a free night for every two consecutive nights booked at the hotel. You can use the benefit more than once in a single stay, so if you stay four nights, you get two nights free. Rates start at $545 per night through June 30 and drop to $415 from July 1 through Sept...

Author: /time Magazine | Title: Oceanside Luxury Made Affordable (Think Mexico) | 5/25/2009 | See Source »

...seems clear that bank executives will benefit from the return of government funds. TARP-funded banks have to adhere to compensation rules that limit what the firms can pay their top executives. What's more, banks that received government assistance have put off buying private jets or remodeling offices so as not to appear irresponsible with taxpayer money. Industry insiders say that behind the scenes government regulators have also limited the risks that TARP-funded banks can take. (See the top 10 worst business deals of last year...

Author: /time Magazine | Title: Paying Back TARP: Good for Banks, Bad for Investors? | 5/22/2009 | See Source »

...street from Adelson's Venetian, adding a 520-table casino and a Hard Rock Hotel to the market. Still, some analysts believe Macau's fortunes are starting to improve. Aaron Fischer, gaming analyst at brokerage CLSA in Hong Kong, says that China's economy is strengthening, which could benefit the city's tourism industry. He also notes the Chinese government seems to be loosening its tight visa restrictions on Chinese visitors. "We'll continue to see recovery because of these macro factors," Fischer says. "We have turned the corner." But predicting the future of Macau's gambling industry...

Author: /time Magazine | Title: Fortunes Fade for Macau's Casino Kings | 5/21/2009 | See Source »

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