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...legislation permits the Department of Education to use a revised formula to calculate student eligibility for federal aid. Last year, the government tried to move to this formula, which could reduce awards to over a million students, but was blocked by Congress...

Author: By Victoria Kim, CONTRIBUTING WRITER | Title: Congress Cuts College Aid Grants | 11/24/2004 | See Source »

...Even China, Asia's perennial pop-culture laggard, has hopped on the bandwagon. The upcoming The Ghost Inside?at $600,000, the country's most expensive scary movie?transplants the single-mom-in-a-creepy-apartment formula to an impersonal, rapidly modernizing mainland city. Despite the tight budget, its cast includes Beijing heartthrob Liu Ye and Taiwanese TV-drama princess Barbie Hsu. For now, though, the hotbed of Asian dread remains Japan, where Ichise presides over his assembly line of scares. In the next two years he plans to release at least four more Japanese ghost movies, including one each...

Author: /time Magazine | Title: Selling Screams | 11/22/2004 | See Source »

...earlier records. The result is an album that references old sounds for the devoted, integrates fuzzy new ones for the kids and delivers a staggering number of indelible hooks. The only notable weakness is that the pursuit of those hooks keeps Bomb rooted in the thrill-delivering formula of verse-chorus-verse-pedal-steel solo, depriving it of the mood-altering qualities of Achtung Baby or The Joshua Tree. Listening to Bomb straight through a few times is a bit like staring into a closetful of sequins. But depth is not what this album is after. It's a statement...

Author: /time Magazine | Title: Music: Mysterious Ways | 11/22/2004 | See Source »

...milk to stay fresh for months without refrigeration. Parmalat's distinctive cartons soon became a fixture in stores across Italy, and ultimately conquered Europe and much of the world. Tanzi also discovered the power of sports marketing, and plastered the Parmalat name on events from World Cup skiing to Formula One racing. A pious Catholic, Tanzi was a generous benefactor who sponsored the restoration of Parma's 11th century basilica and funded its professional soccer team. And he seemed modest about his achievements. He didn't smoke, drank little and drove his own Lexus. Behind his company's facade...

Author: /time Magazine | Title: How It All Went So Sour | 11/21/2004 | See Source »

...have a piece of advice for you, Bruckheimer: Stick to your own treasure, pirates, and just call it a day. Still, part of me feels bad for the tired producer. I mean, he followed the formula for success. The title includes not one, but two words that usually have the recipe for box office bank. I mean, “National.” Wow. And what about “Treasure?” For a second I thought that the movie was actually a sequel to Pirates...

Author: NO WRITER ATTRIBUTED | Title: Film Reviews | 11/19/2004 | See Source »

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