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...sales are controversial, but they go on. In recent weeks Sotheby's has been bringing down the hammer on scores of works from the Albright-Knox Art Gallery in Buffalo, N.Y. The museum is shedding older pieces, like a Shang Dynasty bronze vessel that went for $8.1 million, to fatten its endowment for the purchase of contemporary art. In recent years its fund for that purpose has hovered at about $1 million annually--chump change in the current market. For Louis Grachos, director of the Albright-Knox, the sale simply allows the museum to focus on its chief purpose...

Author: /time Magazine | Title: Art: The Impermanent Collection | 4/13/2007 | See Source »

Technically speaking, it's a substitution of capital for management. The $455 million, 63,400-seat arena, designed by architect Peter Eisenman with HOK Sport and featuring the only retractable playing field in North America, is expected to do more than fatten the family's net worth. According to Michael Bidwill, a former federal prosecutor and son of owner Bill Bidwill, who now runs the team's day-to-day business operations, "There is a direct correlation between revenue from new stadiums and being able to compete. The teams with new stadiums are consistently in the play-offs...

Author: /time Magazine | Title: Changing The Play | 9/6/2006 | See Source »

...published earlier this year: to produce the most flavorful meat in the most sustainable way, livestock farmers may need to think of themselves instead as grass farmers. ?When you manage the grass incorrectly, you have to supplement, whether it's antibiotics to keep [the animals] healthy or grain to fatten them up,? Barber told me as the rain began to fall. ?And the reason that the industrial system looks at [grass-farming] as a crazy system is that it takes work. It takes intensive management. Whereas instead of feeding a flock of lambs on grass that has to be just...

Author: /time Magazine | Title: The Farm-to-Table Fetish | 8/15/2006 | See Source »

...have proliferated over the past decade - fish farms consisting of circular floating cages about 50 m in diameter and 50 m deep, set up 2-3 km from shore. The ranches are most often controlled not by small European operators but by large multinational corporations. In the cages, tuna fatten up on smaller fish, often for months at a time, before they are slaughtered and shipped off to Japan - the market for nearly 80% of the Mediterranean bluefin catch. The new large-scale ranches have wreaked havoc with the traditional fishermen's earnings. "The European market has totally changed...

Author: /time Magazine | Title: The Mediterranean's Tuna Wars | 8/11/2006 | See Source »

...have proliferated over the past decade - fish farms consisting of circular floating cages about 50 m in diameter and 50 m deep, set up 2-3 km from shore. The ranches are most often controlled not by small European operators but by large multinational corporations. In the cages, tuna fatten up on smaller fish, often for months at a time, before they are slaughtered and shipped off to Japan - the market for nearly 80% of the Mediterranean bluefin catch. The new large-scale ranches have wreaked havoc with the traditional fishermen's earnings. "The European market has totally changed...

Author: /time Magazine | Title: The Mediterranean's Tuna Wars | 7/16/2006 | See Source »

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