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...There were odd moments as well: acts, including the final number, that didn't work and unexplained delays. In fact, the family's private ceremony at Forest Lawn kept the televised world waiting half an hour past schedule. "I probably lost two inches of height over that [delay]," Phillips said...

Author: /time Magazine | Title: Paris Jackson's Heartfelt Goodbye | 7/8/2009 | See Source »

What is perhaps most remarkable about Mr. Radio's decision to abdicate the broadcasting throne is the fact that he held onto it for so long - a stretch during which he weathered technological upheaval, receding ratings and splintering musical tastes. Kasem has always transcended industry trends: he created American Top 40 in 1970 when the genre was said to be dying, and embraced corniness as Vietnam-era cynicism peaked. Through 2,000 cartoon episodes, 10,000 commercials and nearly four decades of radio hits, he has maintained his signature earnest style. "I'm Casey Kasem," he crooned July...

Author: /time Magazine | Title: Radio Host Casey Kasem | 7/7/2009 | See Source »

...paper by economists at the University of Chicago, Northwestern University and the European University Institute, raises some doubt about the approach the Obama Administration has taken toward stabilizing the housing market. The current approach focuses on whether or not homeowners can afford their monthly payments, and largely ignores the fact that some 20% of homeowners owe more than their house is worth - a situation known as negative equity, or being "underwater," which, according to the paper's findings, may itself trigger default...

Author: /time Magazine | Title: Mortgage Defaults: Many Are Intentional, Study Finds | 7/7/2009 | See Source »

...Italy appears to be falling apart at the seams: Last week 22 people were killed in a tragic train accident that almost certainly could have been prevented by better controlling techniques, and for over two months Berlusconi has been under attack for his sex life. Not to mention the fact that Irish pop-singer-turned-activist Bob Geldof virulently criticized Italy’s Prime Minister for only delivering three percent of the international aid it had promised to give...

Author: By Sofia E. Groopman | Title: Berlusconi’s Hubris | 7/7/2009 | See Source »

...remember during the U.S. election campaigns, Russians always brought up the fact that Obama is black, and some newspapers linked it to his abilities as a President," says Galina Kozhevnikova, deputy director of the Moscow-based SOVA Center, which monitors racially motivated crime in Russia. According to Kozhevnikova, the spike in hate crimes toward black people living in Russia at the end of last year - including one incident in December in the southern province of Volgograd where a black student from Rhode Island survived a brutal stabbing - was related to the attention that the Russian press was giving Obama...

Author: /time Magazine | Title: Obama, Russia and the Question of Color | 7/6/2009 | See Source »

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