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...Sept. 11, 2001, was a wake-up call, clearly America has fallen back asleep. With the exception of airports, much of what is critical to our way of life remains unprotected: water and food supplies; refineries, energy grids and pipelines; bridges, tunnels, trains, trucks and cargo containers; as well as the cyberbackbone that underpins the information age in which we live. The security measures we have been cobbling together are hardly fit to deter amateur thieves, vandals and hackers, never mind determined terrorists. Worse still, small improvements are often oversold as giant steps forward, lowering the guard of average citizens...

Author: /time Magazine | Title: Book Excerpt: Why America Is Still An Easy Target | 2/22/2006 | See Source »

...last Thursday, Canada suddenly came alive, winning four medals: in speedskating (silvers in both men's and women's team pursuit), women's skeleton (Mellisa Hollingsworth-Richards, bronze) and men's figure skating (Jeffrey Buttle, bronze). Buttle's medal was particularly welcome, as he had fallen during his short program. "It's unbelievable," he said. "I would have never thought I could come back." Then came a one-two finish Friday in the skeleton for Calgary firefighter Duff Gibson and World Cup leader Jeff Pain. Gibson, 39, who immediately retired from his sport, has the distinction of being the oldest...

Author: /time Magazine | Title: It's Now or Never | 2/20/2006 | See Source »

...minimum, now is a good time to rebalance: sell some of your small stocks or small-stock funds that have done well and beef up your exposure to large caps. But be careful: not all big stocks are bargains, no matter how far they may have fallen. GM, for example, could end up in bankruptcy. And be patient: stocks that are out of favor rarely turn on cue. But they do turn. The trick is being there when they do. [This article contains a table. Please see hardcopy of magazine.] Large-Cap Funds Worth a Look Fund Returns 1 year...

Author: /time Magazine | Title: Money: Why Blue Chips Are Due | 2/19/2006 | See Source »

That promise is too distant for the very present danger Alvin Chalmers faces. His pleading with detectives Conaway and Bowden in the car on the way to central booking has fallen on deaf ears, so Chalmers takes a new tack, rehearsing what he will probably say on the stand. "I was high when it happened," he says over and over. "I don't remember anything...

Author: /time Magazine | Title: Crime: Looking For A Few Good Snitches | 2/19/2006 | See Source »

...report titled Digital Rocks!, Bryan, Garnier & Co. analyst Alexander Ivanovitch wrote: "We believe this amounts to a second digital revolution for the music industry, akin to the 1980s transition to CD." Such optimism was unthinkable just a few gloomy years ago, when it seemed like the music industry had fallen off a cliff. "It was a frustrating time," says John Kennedy, head of ifpi. "We knew it wasn't going to be just a few bad years." Even Levy was shocked by what he found when he took over at EMI Music in October 2001. "The company was in much...

Author: /time Magazine | Title: Sing When You're Winning | 2/18/2006 | See Source »

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