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...than they did a few months ago. As the credit crisis continues to ease, those rates could come down even further, making it cheaper for companies to borrow and expand their businesses. According to Credit Suisse, the average yield on bonds with an investment-grade rating has dropped a full percentage point to 6.2% from 7.2% at the beginning of the year. "The concern that higher interest rates will slow the recovery is prevalent among a lot of market watchers, but it is not a concern of mine," says Carl Lantz, U.S. interest-rate strategist at Credit Suisse...

Author: /time Magazine | Title: Why Rising Interest Rates May Be a Good Sign | 6/10/2009 | See Source »

...never really seen our work as being about business. These are human questions - how do you take something mediocre and make it exceptional? Why do some people become great in a world that's full of tremendous volatility, uncertainty and rapid change? That's a human question that we happen to address by looking through business, which we can do because of the rigor of the data...

Author: /time Magazine | Title: Jim Collins: How Mighty Companies Fall | 6/10/2009 | See Source »

...companies we've studied we did not find villains. I think that's very important. These were smart, well-intentioned people trying to make the right call. To me, that's even more sobering: hardworking people who are often full of tremendous imagination and energy can still bring enterprises down. I know villains are more fun to write about, but it's not what we found...

Author: /time Magazine | Title: Jim Collins: How Mighty Companies Fall | 6/10/2009 | See Source »

Adirondacks Retreat. The 94-room Whiteface Lodge Resort & Spa in Lake Placid, N.Y., has full-on sports facilities, offering everything from platform tennis and bowling to canoeing and golf. The resort's golf package gets you and your partner 18 holes, starting at $388 per night, including breakfast. If lounging is more your thing, there's a Spa Escape package with two maple butter massages starting at $472 per night, including breakfast. The hotel's Kamp Kanu will even entertain the kids for you - it's free for kids ages 3 to 10. 7 Whiteface Inn Lane, Lake Placid...

Author: /time Magazine | Title: Quintessential Summer: 8 Outdoor Getaways | 6/9/2009 | See Source »

...Area, spans the border of Utah and Arizona and offers fishing, beaches and dramatic views of the red rocks. The major activity here, of course, is boating. The Great Lake Powell Water Adventure gets you two nights' lodging for two (either at a hotel or an RV/campground), breakfast and full-day use of a 19-foot power boat to explore canyons and alcoves. Rates start at $515 for two nights, through October 31. If you'd prefer to leave the skippering to someone else, try the Rainbow Bridge Centennial Excursion, which includes lodging for two, breakfast and two tickets...

Author: /time Magazine | Title: Quintessential Summer: 8 Outdoor Getaways | 6/9/2009 | See Source »

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