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...French are missing the point, says Val Smith, chairman of the International Wine and Spirit Record, a London-based market-research company. "It's a totally unnecessary fight," he says. "But it is symbolic of the lack of confidence that many French winemakers feel at the moment. They are struggling in the face of competition, and if there is anything they can do to make things difficult for New World wines, they will...

Author: /time Magazine | Title: War of the Rosé: French Winemakers vs. the E.U. | 3/21/2009 | See Source »

...Former Chairman of the Democratic National Committee and erstwhile presidential candidate Howard Dean discussed President Obama, healthcare, and the “50-state strategy” at the Institute of Politics forum last night, before heading to Kirkland House to receive the Harvard College Democrats Leader of the Year award. Dean spoke before a packed audience at the forum, where he focused on the recent evolution in campaigning methods and the ways in which a changing ethos among Americans led to the election of the nation’s first African-American president. “It?...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Howard Dean Talks About 2008 Presidential Race | 3/20/2009 | See Source »

...Democrat Barney Frank, chairman of the House Financial Services Committee, echoed those concerns, arguing that pursuing restitution by other means was preferable. House Ways and Means Chairman Charlie Rangel also opposed using the tax code "as a political weapon" until the Speaker sat on him to write the legislation passed Thursday in the House. Senate Finance Committee Chairman Max Baucus defended his measure, saying that by expanding the pool of bonus recipients to all institutions that have received $100 million from the government, the legislation would likely survive judicial challenge. "We've pushed the constitutional question pretty hard with constitutional...

Author: /time Magazine | Title: The AIG Backlash: Has Congress Flipped Out? | 3/20/2009 | See Source »

...willing to grant him the glasses, there's still one problem. For digital 3-D to work, the movie theater must first convert from analog to digital--that is, from reels of film to data feeds. Theaters have been slow to do it, citing the expense and security. Disney chairman Dick Cook is credited with breaking the initial logjam with Chicken Little in 2005. About 75 theaters converted to digital to show the film, and a surprising thing happened: 3-D theaters reported three to four times the box-office gross as those that showed the 2-D version...

Author: /time Magazine | Title: Are 3-D Movies Ready for Their Closeup? | 3/19/2009 | See Source »

...economic adviser, Larry Summers, called the AIG saga the "most outrageous" of the current financial crisis. "It's an outrageous situation," agreed Senate minority leader Mitch McConnell. His House counterpart, John Boehner, said the Obama Administration's handling of the AIG mess was "outrageous." Senate Banking Committee chairman Chris Dodd claimed to have warned Treasury Secretary Tim Geithner that the bonuses would be met "with an unprecedented level of outrage...

Author: /time Magazine | Title: The Upside of Anger | 3/19/2009 | See Source »

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