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...Hollywood, winners and losers are relative: the money earned at the box office must be matched against money spent on production. It's Complicated had a hefty $85 million budget; Leap Year cost just $19 million to make; Youth in Revolt, $18 million. All three will have to scramble to break even. In the bang-for-a-buck category, the phenomenon remains The Blind Side, the sports-inspirational drama starring Sandra Bullock. Still in the top seven after eight weeks of release, the movie has now earned $219.2 million on a $29 million budget. It's now the all-time...

Author: /time Magazine | Title: Another Avatar Weekend: Pandorans Defeat Vampires | 1/11/2010 | See Source »

...that have traditionally outsourced computer programming and other work to Indian firms. But jaunts to the industrialized world may no longer be sufficient to keep his Mumbai-based firm growing at top speed. So Chandrasekaran is also venturing to locales Indian techies in the past rarely considered worth the cost of a plane ticket. He has already stopped in Beijing and Singapore, and early in 2010, he'll head to Montevideo, São Paulo, Mexico City and the Middle East. "You need to make sure that you're more focused on growth everywhere," he says...

Author: /time Magazine | Title: Outsourcers Go Global | 1/11/2010 | See Source »

...being driven by a global economy in which the U.S. is no longer the undisputed engine of growth. India's IT powers, among them companies like TCS, Infosys Technologies and Wipro, rose to prominence largely on the decisions made by American executives, who were quick to capitalize on the cost savings to be gained by outsourcing noncore operations, such as systems programming and call centers, to specialists overseas. Focusing on the U.S. produced some spectacular results. Revenues in India's IT sector surged from $4 billion in 1998 to $59 billion in the country's fiscal year ended March...

Author: /time Magazine | Title: Outsourcers Go Global | 1/11/2010 | See Source »

...Both House and Senate bills would pay the states' share of the cost of the new patients over the first two years and up to 95% after that. But states would still face an enormous new financial obligation. There is also the question of finding enough providers to care for 15 million new patients. "It is a huge load on the states at a time when we are still climbing out of the recession," Tennessee Governor Phil Bredesen said this week in Nashville. His state - already facing $1.5 billion in budget cuts this year and next - has estimated that...

Author: /time Magazine | Title: What Health Care Reform Means for the States | 1/8/2010 | See Source »

...less uninsurance rate. It's a well-to-do state. It's a progressive employer community. And ... the fact that a Republican governor championed this was a huge advantage." In states where some 25% of the population is currently uninsured, like Texas, setting up exchanges could take longer and cost more. And, Kingsdale warns, in states where there is "sustained and organized hostility" to reform (as in red states in the South and Midwest), "that in and of itself could turn a good program...

Author: /time Magazine | Title: What Health Care Reform Means for the States | 1/8/2010 | See Source »

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