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...Nobel Prize to its name for this work. But in New York neighborhoods where loans to street vendors tend to come with interest rates north of 40%, it can take a while to build trust. "I didn't believe it until I had the $1,500 check in my hand," says jewelry seller Rosa Lopez...

Author: /time Magazine | Title: Can Microfinance Make It in America? | 1/11/2009 | See Source »

...time. It turns out that when researchers studied engineers working in the early 1990s (before the BlackBerry era but after the advent of computers in their profession), the average time they spent focusing on a given task was about six seconds. They didn't have email to check, but they did have lots of other multitasking possibilities. Why only six seconds? Maybe this time limit is inherent to the nature of knowledge work. Thinking is, perhaps, like staring at a bright light. It's too intense, and you have to look away every so often...

Author: /time Magazine | Title: Why We Work More For Less | 1/9/2009 | See Source »

...nomination from an allegedly corrupt governor. We are therefore thankful that Illinois’ secretary of state could block the nomination in his refusal to certify it. While the secretary should not have veto power over gubernatorial appointments under normal circumstances, this situation seems extraordinary enough to warrant this check on the Governor. We hope that the Supreme Court of Illinois will intervene to clarify conditions under which such intervention may be legal. We recognize the need for this situation to be resolved a swiftly as possible, but haste is no substitute for legitimacy. Five of the past 10 Illinois...

Author: By The Crimson Staff | Title: Much Ado About Illinois | 1/8/2009 | See Source »

...Hollywood. Hyatt's new boutique brand Andaz opens its first U.S. outpost in Hollywood. The hotel strives for a low-key, friendly atmosphere and features an open kitchen for people to gather in, a comfortable lounge and no front desk - instead, guests are greeted by a "host" who checks them in via wireless PDA, ushers them to their room and helps with everything from local directions to restaurant recommendations. The hotel also has a rooftop pool, and the RH restaurant, which focuses on fresh local ingredients. You'll be tracing the steps of rock stars here: Back...

Author: /time Magazine | Title: Travel News: It's Rodeo Season! (Plus, Restaurant Week in New York) | 1/8/2009 | See Source »

...Aruba Marriott is offering a $250 credit (promotional code P50), which you get back when you check out. Use the credit to pay for your airfare to the island. A four-night minimum stay is required. Rates start at $369 per night, through Nov. 21. L.G. Smith Boulevard, No. 101, Palm Beach, Aruba...

Author: /time Magazine | Title: Travel News: It's Rodeo Season! (Plus, Restaurant Week in New York) | 1/8/2009 | See Source »

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