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Business in Asia is played very much like ice hockey. The big guys - state-backed behemoths, massive conglomerates and supertycoons - almost always pin smaller enterprises against the glass to score the plum deal. So it seemed for Lawrence Ho, CEO of NASDAQ-listed casino operator Melco Crown Entertainment. Less than a year ago, the giants of the gaming industry - Vegas legends Steve Wynn and Sheldon Adelson, chairman of Las Vegas Sands - had shoved the little-known Ho to the edge of Asia's casino market. But his rivals should have taken note of how Ho, a recreational hockey player, likes...

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

...most part aesthetically negligible. Those include hundreds of "spot paintings," each a multicolored grid of little circles and named after a pharmaceutical product; "spin paintings" made by pouring paint onto a whirling disk; and "butterfly paintings" made by embedding dead butterflies in pigment and resin, sometimes in elaborate stained-glass-window formations, sometimes just attached here and there on the canvas. At Sotheby's the spin paintings are expected to fetch as much as $720,000 each, the spots as much as $1.2 million...

Author: /time Magazine | Title: Damien Hirst: Bad Boy Makes Good | 9/4/2008 | See Source »

...piece that first made him famous, an open-jawed shark in a tank of formaldehyde titled The Physical Impossibility of Death in the Mind of Someone Living, offered a giant beast of prey as a belligerent correlative for a universally suppressed anxiety. A Thousand Years is a large glass box in which real maggots hatch into flies that appear to feed on blood (actually red sugar water) from a severed cow's head, then are killed by an electric bug zapper - the tragic cycle of life and death played as low farce by the lowest orders. And there's something...

Author: /time Magazine | Title: Damien Hirst: Bad Boy Makes Good | 9/4/2008 | See Source »

...Russia, distillers follow a different philosophy. Their brews retain the character of the original ingredients, which can include anything organic and fermentable, from potatoes to grain to beets. And although these artisan vodkas are best drunk neat and chilled, some connoisseurs suggest sampling the spirit in a wine glass at room temperature. This allows the vodka to aerate and, when it hits your tongue, reveal its true flavor. If you feel a burning or tingling in your mouth, then you're drinking the cheap stuff. A good vodka will create a warming sensation that gradually spreads through your body...

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

...fired on the prime minister's motorcade as it drove from the prime minister's residence in Islamabad to pick him up at the airport in nearby Rawalpindi. The prime minister was due back from a visit to Lahore. Two shots hit the driver's window, shattering the bulletproof glass of the black Mercedes but doing no further damage. Acting Interior ministry head Rehman Malik described the incident as "a cowardly act," at a televised press briefing in Karachi. "We will catch whoever has done it," he said. Pakistani Taliban spokesman Muslim Khan claimed responsibility, telling Agence France Press...

Author: /time Magazine | Title: Pakistan's Growing Chain of Violence | 9/3/2008 | See Source »

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