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Despite the fact that, in Web time, July 2010 is an eternity from now, Murdoch clearly felt the need to do something quick. He made the announcement while discussing News Corp.'s dire year-end results: his empire took a stinging $203 million loss in the fourth quarter, and operating income was down 30% for the year. All in all, the company swung from a $5.34 billion profit the year before to a $3.38 billion loss in the fiscal year that just ended. Murdoch cares little for Wall Street, but he knows his investors need to have confidence that...

Author: /time Magazine | Title: Will Rupert Murdoch Be the Pied Piper of Paid Content? | 8/11/2009 | See Source »

...flamboyant males, I was somewhat self-conscious of my formal work attire (and gender), which marked me as a clear outsider. Customers in gay bars eyed me with bemused curiosity, but after a brief chat with the manager I was granted a seat amongst the regular clientele, and felt unusually safe as a lone girl at a pub. My status as a reporter provided a credible reason for admittance, and it was exhilarating to infiltrate the generally closed-off community...

Author: By Olivia M. Goldhill | Title: Press Pass | 8/11/2009 | See Source »

...first, I felt betrayed: This high-quality bounty had been close at hand all along. Instead, I’d been stuck where they served turkey cold cuts—straight from the sandwich bar, but topped with a little garnish—as an entr?...

Author: By Molly M. Strauss | Title: SurPRISE | 8/11/2009 | See Source »

...Back in Washington, D.C., President Barack Obama learned the enduring value of a well-intentioned gesture with another kind of summit. He felt that he needed to retreat from the inflammatory words that he uttered in judgment of the Cambridge police department after Henry Louis Gates, Jr. was arrested there, sparking a national debate about race in America. Though the discourse about the arrest, its aftermath, and the realities of race problems in the country spread far and wide, Obama thought that a simple gesture might soothe the ire of the affair—an invitation to relax over...

Author: By Emmeline D. Francis | Title: The Art of Diplomacy | 8/11/2009 | See Source »

...some appeal when it started, once the war against Betty Crocker had been won and when irreverent mommy bloggers were confessing their sins as far as the mouse could reach. There was something liberating about the eyebrow-cocked, white-wine-swilling posture of the saucy parenting memoir. It felt fresh, a rebuke to the perfectionism displayed every day by the overly tidy mothers on morning television. (See TIME's parenting covers...

Author: /time Magazine | Title: Moms Who Drink: No Joking After the Schuler Tragedy | 8/11/2009 | See Source »

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