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...held a monopoly on Macau's casinos for four decades until the government issued new licenses in 2002. Lawrence and sister Pansy both started working in the family business but struck out on their own after the market opened up - in competition with their father. Pansy teamed with Vegas firm MGM Mirage to develop casino-hotels in Macau, opening the MGM Grand Macau in 2007. Stanley and Lawrence founded Melco Crown as part of a joint venture with Australia's Publishing and Broadcasting Ltd., founded by the late billionaire Kerry Packer. (Kerry's son James is now co-chairman...

Author: /time Magazine | Title: Chip off the Old Block | 9/4/2008 | See Source »

...CHOPIN Call it alcohol alchemy. 
This talented firm of Polish distillers has perfected the art of transmuting the humble potato into a super-smooth and creamy drink. It's an 
 excellent body warmer, ideal
 for downing after a day on 
 the ski slopes. ($60; www.chopinvodka.com...

Author: /time Magazine | Title: That's the Spirit | 9/3/2008 | See Source »

...That is not to say, however, that Washington is a disinterested party, since it has maintained especially close relations with the government of Georgian President Mikheil Saakashvili. Saakashvili graduated from Columbia University School of Law and worked briefly for a New York City law firm before taking up opposition politics back home in the 1990s. As has been widely reported, some of the groups that helped organize the 2003 Rose Revolution that ousted his predecessor, Eduard Shevardnadze, received funding from the U.S. government. Since Saakashvili took office in 2004, his government has continued to receive strong U.S. funding...

Author: /time Magazine | Title: Who Started the War in Georgia? | 9/3/2008 | See Source »

...forbidden to sell his home without permission of the liquidator. The Guardian newspaper reported that earlier this year that a High Court judge branded Foster "bereft of the basic instincts of commercial morality" after discovering that he had been stripping Ulva of assets and transferring them to a new firm...

Author: /time Magazine | Title: Britain Puzzled By Mansion Murder | 9/1/2008 | See Source »

...earlier era, the author would have been a pollster. Now, as the general manager of global research at Hitwise, an online intelligence firm, he sifts through a database that reveals what more than 10 million Internet users do every day. With this digital treasure trove, Tancer (who is also a columnist for TIME.com can aid traders by gauging the market's direction on specific issues, as well as answer pressing questions such as which day of the week is most popular for porn websites (Friday). The author assures the reader that the user data he analyzes are "anonymized and aggregated...

Author: /time Magazine | Title: Business Books | 8/28/2008 | See Source »

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