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Power breeds competence, not corruption, according to a new study in the May issue of Psychological Science. The study, a collaboration between U.S. and Dutch researchers, finds that if people feel powerful in their roles, they may be less likely to make on-the-job errors - like administering the wrong medication to a patient. Contrary to conventional wisdom, the study suggests that people at the bottom of the workplace totem pole don't end up there for lack of ability, but rather that being low and powerless in a hierarchy leads to more mistakes. It's a finding that surprised...

Author: /time Magazine | Title: Does Power Corrupt? Absolutely Not | 5/20/2008 | See Source »

...just can't keep Big Oil down. Trouncing analysts' expectations Tuesday, BP and Royal Dutch Shell, Europe's largest oil companies, delivered record profits for the first quarter of 2008. Anglo-Dutch firm Shell netted $7.78 billion in the first three months of this year, up 12% over the same period in 2007. Profits at rival BP, meanwhile, swelled by almost half to $6.59 billion. Shares in each firm climbed almost 5% on the news...

Author: /time Magazine | Title: BP and Shell Downplay Record Profits | 4/29/2008 | See Source »

...Sure enough, Royal Dutch Shell Chief Executive Jeroen van der Veer limited himself to calling the results a "competitive set of earnings." And he was quick to point out that "Shell has the largest capital spending program in our industry today, to ... play our part in ensuring that energy markets remain well supplied." That slight air of defensiveness is easy to understand. Where corporate profits are concerned, "everybody thinks it goes into the pockets of senior people," says Webley. "That is far from the case." The suggestion is that Shell and BP's profits will be plowed back into exploration...

Author: /time Magazine | Title: BP and Shell Downplay Record Profits | 4/29/2008 | See Source »

...about changing the texture, density or viscosity, the molecular structure of a liquid," says award-winning mixologist Charlotte Voisey. The chemical-cocktail movement grew out of a 2005 symposium sponsored by Dutch distiller Bols. In attendance were Hervé This, the father of molecular gastronomy, and eight of the world's top bartenders. They created drinks including a boozy ice cream using liquid nitrogen and an ice-cube-like gin-and-tonic jelly. This month Cointreau is introducing a kit to convert its orange liqueur into caviar pearls. Moët & Chandon has created a line of Champagne drinks with foams...

Author: /time Magazine | Title: A Cocktail Class in Molecular Mixology | 4/17/2008 | See Source »

Velázquez, one of the greatest painters in history, would take note. Born in 1599, he started his career painting bodégons, kitchen scenes, like the meticulously detailed An Old Woman Cooking Eggs. This was the homey territory that Dutch painters worked in all the time but where the high-minded El Greco didn't venture. (You can't imagine any of El Greco's crackling holy men doing anything in a kitchen but frightening the cooks.) Like Caravaggio, Velázquez would also use ordinary people as models for figures from the Bible. When he paints The Immaculate Conception...

Author: /time Magazine | Title: Spanish Painters Bring Heaven to Boston Museum | 4/17/2008 | See Source »

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