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...What attracted Charterhouse and its rivals was Saga's market strength in Britain's fastest-growing consumer demographic: the over-50 set. And its bet is paying off. Saga's pretax earnings in its last fiscal year were up 20% to about $259 million on revenues of $1.3 billion. Last autumn, Saga refinanced nearly $2 billion of debt at better terms, and ahead of schedule, allowing it to save $59 million a year in interest payments. Moreover, Saga's travel service recently added a third cruise ship to its fleet, and Saga Magazine now has more than 600,000 subscribers...

Author: /time Magazine | Title: The Golden Years Rule | 2/15/2007 | See Source »

...like Digg, Flickr and YouTube are able to rely on volunteer contributions simply because a market has yet to emerge to price this "new kind of labor." He and Benkler then entered into what has come to be widely known in Web circles as the "Carr-Benkler wager": a bet on whether, by 2011, such sites will be driven primarily by volunteers or by professionals...

Author: /time Magazine | Title: Getting Rich off Those Who Work for Free | 2/15/2007 | See Source »

...just listening to me, nodding her head. She wanted to know if my family was religious, and I told her, well, I don't go to church, but my grandfather was a Methodist minister. She didn't act really judgmental or anything. She did say, 'Well, I bet that your grandfather really would like you to have this baby...

Author: /time Magazine | Title: The Grass-Roots Abortion War | 2/15/2007 | See Source »

...stopped beating saves more lives than doing nothing, for example. Similarly, giving antibiotics to treat pneumonia has never been rigorously tested from a scientific point of view. It's clear to everyone, however, that if you want to survive a bout of bacterial pneumonia, antibiotics are your best bet, and nobody would want to go into cardiac arrest without a crash cart handy. "Where randomized trials are most important is where you're trying to affect a long-term condition, like stroke or cancer," Glasziou says...

Author: /time Magazine | Title: Are Doctors Just Playing Hunches? | 2/15/2007 | See Source »

...busy early spring for Chu and Cahow, instrumental cogs on a sixth-ranked Harvard team that still has national title aspirations. The NCAA Frozen Four, should the Crimson advance to that stage, is scheduled for the weekend of March 16-18. If not, Harvard is still a likely bet to qualify for the eight-team tournament field, which contests its quarterfinals the weekend prior. Meaning Chu and Cahow, and their Crimson teammate, Canadian team mainstay Sarah Vaillancourt, for that matter, will not get an extended break from ultra-competitive hockey until mid-April at the earliest...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: Harvard Hockey, Stars, and Stripes Forever | 2/14/2007 | See Source »

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