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What can you get for a single unit of Britain's poor, battered currency? Not much - apart from power, influence and an entrée into the highest echelons of the British establishment. These are the potential byproducts of an agreement reached on Jan. 21 by Russian oligarch and politician Alexander Lebedev to buy London's largest newspaper, the Evening Standard, from its current owners Associated Newspapers for the nominal fee of one pound sterling...

Author: /time Magazine | Title: From Soviet Agent to London Newspaper Proprietor | 1/23/2009 | See Source »

...race deftly and explain the unexplainable to a largely white electorate. Consider the case of his former pastor, the Rev. Jeremiah Wright Jr. Obama joined Wright's Trinity United Church of Christ in Chicago in the 1980s, when Obama was an obscure community organizer. Trinity gave Obama an entrée to the city's thriving black middle class, and Obama came to view Wright in particular as a mentor. Yet earlier this year, Obama was compelled for political reasons to leave the church. The public criticism stemmed from controversial comments about the U.S. by Wright that proved too harsh...

Author: /time Magazine | Title: What Obama's Election Really Means to Black America | 11/6/2008 | See Source »

...aubergine, LED lights around the windows and bed that allow you to create mood lighting. To mark the occasion, from now until Dec. 31, the hotel is offering a "Renovation Package," including a head-to-toe Bliss Spa gift set, two glasses of Champagne upon arrival, and a complimentary entrée from the hotel's restaurant, from $449 per night. 541 Lexington Avenue...

Author: /time Magazine | Title: Travel News: Italy Promises Star Ratings for Hotels | 10/10/2008 | See Source »

...Carol Loomis, the writer at Fortune (which, like TIME, is owned by Time Inc.), who edited Buffett's annual letter to shareholders. And, most vividly depicted of all, there was Katharine Graham, the publisher of the Washington Post, in which Buffett was a major investor. Graham became Buffett's entrée into high society (the man of notoriously simple tastes once said he had an easier time talking to Dolly Parton than to Princess Di), and Buffett became Graham's tutor in the ways of business. With Graham, Buffett the protected became Buffett the protector...

Author: /time Magazine | Title: Warren Buffett Tells All: The Women in His Life | 9/23/2008 | See Source »

...without its benefits. Michelle Obama's stint at the mayor's office gave her, and her husband, access to Chicago's political class. Combined with her own Southside roots - she went to high school with Santita Jackson, the Rev. Jesse Jackson's daughter - Michelle's job gave her husband entrée into the best political machine in Illinois, augmenting her ties to Jackson's powerful civil rights group, Rainbow Push...

Author: /time Magazine | Title: Michelle Obama's Savvy Sacrifice | 8/25/2008 | See Source »

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