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...incorporation requirements make the U.S. a highly attractive domicile. Only two states, Alabama and Alaska, bother to ask the names of the real owners. After incorporation, these anonymous companies can open U.S. bank or brokerage accounts, or obtain credit cards, all of which lend some U.S. legitimacy - the better to evade scrutiny or entrap more victims. In fact, the U.S. just might be the world's biggest washing machine for dirty money. (See the worst business deals...

Author: /time Magazine | Title: Why U.S. Law Helps Shield Global Criminality | 2/2/2010 | See Source »

...margin, the most disappointing element of the user interface, or UI, is the home screen, which is virtually unchanged from the original iPhone UI. (The iPad is far, far more than a blown-up iPod Touch, but you can't tell from the home screen.) Surely there's a better way to exploit multitouch and that extra screen real estate for navigating all the information that will be stored on these machines. I have no inside information on this, but given the inventiveness of the iWork user experience, I can't help thinking that an iPad-native home environment...

Author: /time Magazine | Title: Questions (and Answers) on the iPad's Shortcomings | 2/2/2010 | See Source »

...reason is that there is surprisingly little interaction between domestic and import customers. Import buyers tend to be younger, more affluent and better educated than their domestic counterparts, and shop at different dealerships. They shop for quality and value. Despite Ford's recent rise, its image hasn't yet caught up with its performance...

Author: /time Magazine | Title: Who Benefits from Toyota's Recall Problem? | 2/2/2010 | See Source »

...Americans back on the moon and flying on toward Mars. For this space-happy group, here's some good news: even in hard economic times, President Obama would actually increase NASA's budget - to more than $100 billion - over the next five years. But space junkies had better be satisfied with that positive development, because it's just about the only...

Author: /time Magazine | Title: No Liftoff: Obama's Plan Grounds NASA | 2/2/2010 | See Source »

...place of that program, NASA will tackle a grab bag of other projects: extending the life of the so-far unfinished International Space Station (ISS) until 2020, and spending $4.9 billion to develop better robotics, $7.8 billion to develop new flight techniques such as in-orbit fuel depots and closed-loop life-support systems, and $3 billion to develop new unmanned ships. There are no entirely unworthy objectives in that list (with the possible exception of the ISS), but there's also no clear way of getting humans back into space after 2010, once the shuttles are mothballed. What...

Author: /time Magazine | Title: No Liftoff: Obama's Plan Grounds NASA | 2/2/2010 | See Source »

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