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According to a recent survey by the Knight Commission on Intercollegiate Athletics, a watchdog group, 85% of the presidents of schools with major athletic programs feel that compensation for football and basketball coaches is excessive. "The commission is concerned that the commercial values attached to college sports programs are becoming...

Author: /time Magazine | Title: Are College Football Coaches Out of Control? | 12/31/2009 | See Source »

So five years after the bipartisan 9/11 commission recommended that Congress and the Transportation Security Agency "give priority attention" to screening passengers for explosives, the practice remains overwhelmingly the exception and not the rule. Only about 40 millimeter-wave devices are in use, at 19 U.S. airports. Standard magnetometers, which...

Author: /time Magazine | Title: What We Can Learn from Flight 253 | 12/30/2009 | See Source »

LUO PING, a director general at China's Banking Regulatory Commission, saying Beijing will continue to buy U.S. Treasury bonds despite concerns about the dollar. China has nearly $2 trillion in foreign-currency reserves --FEBRUARY

Author: /time Magazine | Title: Verbatim | 12/28/2009 | See Source »

It is difficult to imagine the two fighters, and particularly their promoters, walking away from a fight that could be the biggest payday of their careers, which Arum, the promoter, estimates could bring each fighter $40 million. The fight can be salvaged, Arum says, if a drug-testing compromise can...

Author: /time Magazine | Title: Will Bad Blood Scuttle the Pacquiao-Mayweather Fight? | 12/23/2009 | See Source »

Belgrade is already working closely with Brussels to make the necessary economic, legal and constitutional reforms to join the E.U. The government is also closely monitoring the European Commission's "progress reports" on its efforts, the latest of which underlined privatization and fighting organized crime as priorities for the government...

Author: /time Magazine | Title: A Pariah No More: Serbia Bids to Join the E.U. | 12/23/2009 | See Source »

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