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...only so far, so local community support might be the arts' best bet. As the biannual 2010 Geraldine R. Dodge Poetry Festival in Morristown, N.J. - which typically draws some 20,000 poets from around the globe - nears extinction, its surrounding community has surfaced to offer support. Dodge Foundation CEO David Grant's appeals seem to be working, and if this continues, the four-day gathering may return...

Author: /time Magazine | Title: Arts Groups in Tough Times Think Locally | 7/24/2009 | See Source »

...Traxys CEO Mark Kristoff told TIME that his company suspended trade in the DRC in May 2009 until there is a clearer road map for cooperation among companies, the U.N. and governments for a plan of social action. He added that Traxys' $50 million in trade in the DRC is equivalent to 1% of the company's total business. Afrimex told TIME via e-mail that its last shipment from the DRC took place in September 2008 and all such transactions have since ceased. "Any link between Afrimex's past mineral-trading and armed groups remain wholly unfounded," the statement...

Author: /time Magazine | Title: First Blood Diamonds, Now Blood Computers? | 7/24/2009 | See Source »

...seem to be breaking. The company said on July 17 that it earned $3.4 billion in its second quarter. It was the second quarter in a row that Citi had announced a profit, after many critics said the company was done for. In a press release, Citigroup CEO Vikram Pandit triumphantly said, "Our financial results today reflect the incredibly dedicated efforts of all of our people around the world and their success in implementing our plan...

Author: /time Magazine | Title: Can Citi Ever Turn It Around? | 7/23/2009 | See Source »

...Then in mid-month came reports that Nuctech, a company whose CEO was until last year the President's son Hu Haifeng, is the focus of a corruption investigation in Namibia. Investigators in the African nation have reportedly requested that the 38-year-old Hu testify as a witness (though not as a suspect) in a probe into how a lucrative government contract was won by Nuctech, a maker of security-screening devices used in airports and seaports. News of the investigation is so sensitive in China that tight controls imposed on the Internet have been tightened even further. Chinese...

Author: /time Magazine | Title: Could Corruption Probe Linked to Son Hurt Hu? | 7/22/2009 | See Source »

...companies like No Lie MRI continue to advertise that they can detect lies with "90% accuracy" and charge close to $5,000 for their services. "There are 30 different peer-reviewed studies out there that prove that we can detect lies with fMRI," says Joel Huizenga, the CEO of No Lie MRI, who declined to provide citations for those studies. (Neither of the two scientists on the company's scientific board responded to requests for comment for this article.) Huizenga says he has worked with cases involving "arson, murder and incest" but did not give further details...

Author: /time Magazine | Title: The fMRI Brain Scan: A Better Lie Detector? | 7/20/2009 | See Source »

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