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The Kodachrome process - in which three emulsions, each sensitive to a primary color, are coated on a single film base - was the brainchild of Leopold Godowsky Jr. and Leopold Mannes, two musicians turned scientists who worked at Kodak's research facility in Rochester, N.Y. Disappointed by the poor quality of...

Author: /time Magazine | Title: Kodachrome | 6/23/2009 | See Source »

• On the danger of using home equity to pay off nonhome debt: "A recent Federal Reserve report estimates that of the trillions of dollars in real home equity cashed out between 2001 and 2007, homeowners used $874 billion to pay off non-mortgage debt - in effect rolling consumer debt...

Author: /time Magazine | Title: The State of the Nation's Housing | 6/23/2009 | See Source »

(4 of 4) Are We the Change He Seeks? In the coming weeks, millions of dollars will be spent on the health-care debate because trillions of dollars are at stake. Lobbyists are already warning that Obamacare will empower bureaucrats to reject new drugs and procedures on the basis of...

Author: /time Magazine | Title: How to Cut Health-Care Costs: Less Care, More Data | 6/23/2009 | See Source »

But without incentives to use it, information alone will not lead to reform. Obama wants to make evidence-based medicine financially attractive so that providers are rewarded rather than punished for reducing readmissions and unnecessary procedures. "We can't just do research and let it sit on a shelf," Orszag...

Author: /time Magazine | Title: How to Cut Health-Care Costs: Less Care, More Data | 6/23/2009 | See Source »

Florida's HSR boosters say its rail project could create as many as 20,000 jobs. In addition to the $1.5 billion in stimulus money to fund the 100-mile Orlando-Tampa line, which will likely use the more eco-friendly electric TGV trains popular in Europe, Florida will look...

Author: /time Magazine | Title: U.S. Stimulus Puts Bullet Trains on the Fast Track | 6/22/2009 | See Source »

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