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That may sound like a lot of money--Duncan plans to give his share to charity--but it's chump change compared with the kind of cash he gets to play with at work. The economic-stimulus bill passed by Congress in February included $100 billion in new education spending. Of that total, Duncan has $5 billion in discretionary funding. That money alone makes him the most powerful Education Secretary ever. "I had very little--in the single-digit millions," says Margaret Spellings, Duncan's predecessor. "That's millions, with...

Author: /time Magazine | Title: Can Arne Duncan (And $5 Billion) Fix America's Schools? | 9/14/2009 | See Source »

...project has also raised questions about Lauvergeon's management style. Critics accuse her of being better at selling big projects than at executing them. Some suggest her refusal to reconfigure the joint venture with Siemens to give it a direct stake in Areva ultimately convinced the Germans that they could do better with another partner...

Author: /time Magazine | Title: Nuclear Wares | 9/14/2009 | See Source »

...whose main method of making a living depends on this), I have learned from O'Neal. Confidence, even if it's faked, makes life more interesting. Instead of wondering if he can write, swim, act, rap, get an M.B.A., be a cop, wrestle, fight in mixed martial arts or give himself ridiculous nicknames, he does it. And the results are often pretty good. O'Neal's tweets are funny and honest and, unlike most other people's, rarely notify us that he is sleeping or working. He knows that part of being good at something is just wanting to. Except...

Author: /time Magazine | Title: Shaq vs. Joel: An Essay-Writing Smackdown | 9/14/2009 | See Source »

USAGE: "Having babies isn't addictive in the way that alcohol and narcotics can be. But bumpaholics feel compelled to procreate for many of the same reasons that substance abusers turn to booze or drugs. Infants are dependent creatures. They can give their mothers a clear identity." --Women's Health, July-August 2009 issue

Author: /time Magazine | Title: Verbatim | 9/14/2009 | See Source »

...part editorial, part fact. He came to love the smell and ambiance of the courtroom and had the ability to put it into your head. During the O.J. Simpson trial, I had dinner with one of the many reporters covering the case. The guy said he was ready to give up. When I asked him why, he replied, "Because Nick's here...

Author: /time Magazine | Title: Dominick Dunne | 9/14/2009 | See Source »

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