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Crane's currency challengers have found a champion in Arizona Republican Representative Jim Kolbe. A free trader who calls the Crane monopoly "un-American," Kolbe has introduced legislation every year for a decade to overturn the laws that he says favor Crane. "First, there's the provision that only companies that are [at least] 90% American-owned can bid," he says. "We don't allow that for anything else, not even defense." The Secret Service insists that money must be produced and printed within the U.S. to maintain security, but the GAO found no reason to bar foreign companies from...

Author: /time Magazine | Title: Manufacturing: Money's Paper Chase | 5/28/2006 | See Source »

Inconceivably, Survivor's first champion, RICHARD HATCH, 45, won $1 million on prime-time TV and failed to declare it on his tax return. In fact, Hatch reported a negative income for the year and filed for $4,483 in refunds. A jury convicted him of tax evasion, and last Tuesday a Rhode Island judge sentenced him to 51 months in prison. "It seems unfortunately very clear to me that Mr. Hatch lied," said the judge, adding that Hatch also tried to "manipulate other people." In Hatch's defense, that was once a winning strategy...

Author: /time Magazine | Title: People: May 29, 2006 | 5/21/2006 | See Source »

Companies with traditional plans are also taking the initiative. Blue Ridge Paper, which makes the DairyPak brand of packaging, was carved out of the forest-products firm Champion International when its employees bought a few factories that were scheduled to close. But health-care costs are hurting the company. So a Blue Ridge team plans to visit hospitals in India to assess their quality of care. If it gives the green light, Blue Ridge will begin promoting the option to its 2,000 workers...

Author: /time Magazine | Title: Outsourcing Your Heart | 5/21/2006 | See Source »

...soccer's profile continues to rise. Perhaps more than the bigger sports leagues, MLS has also been helped by the digital age. Today an American who is a fan of the Columbus Crew as well as England's champion, Chelsea, can watch both teams on any of three soccer-only channels plus ESPN/ABC or catch highlights on any of a dozen websites. The global exposure has whetted the U.S. appetite. Demographically, migration from Mexico and other Hispanic countries gives soccer (and baseball) a boost...

Author: /time Magazine | Title: Management: U.S. Soccer Reboots | 5/14/2006 | See Source »

...Heptagonals Championships. The Cornell men and women won the Ivy League with 152.5 and 129 points, respectively. The Crimson men finished the last day of the meet with 17, while the women had 64.50. The latter had a very successful day on Sunday, with two athletes emerging as Heptagonals champions. Captain Laura Maludzinski took home her second consecutive Heptagonals crown in the 1500 meter run with a dramatic finish. She beat out Nyam Kagwima of Cornell by just 0.1 seconds to take the event in 4:26.82. Likewise, freshman Becky Christensen was a champion. She cleared 1.75 meters...

Author: By Gabriel M. Velez, CRIMSON STAFF WRITER | Title: SPORTS BRIEF: Track Fares Poorly at Heptagonals | 5/10/2006 | See Source »

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