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...food, it seems, is safe these days from being repackaged in a shiny platinum case as an upscale product--there's even a $40 bottle of water designed by a Hollywood producer and sold in a frosted-glass container affixed with Swarovski crystals. I don't know if economists use bottled water as a measure of financial well-being, but there must be a growing split between the rich and the poor. Because even as some people worry about being able to put any kind of food on the table, the sales of specialty foods are up 17% over...

Author: /time Magazine | Title: Gourmet Groceries — for More! | 4/3/2008 | See Source »

...industry needs to keep the pipeline of new pilots flowing, are hopping abroad rather than spending years racking up hours to qualify for bottom-rung U.S. pilot posts. And only about 20% of furloughed pilots are coming back to work, compared with 80% to 90% historically, says Jerry Glass, a Washington-based consultant and president of F&H Solutions Group...

Author: /time Magazine | Title: International Departures | 4/3/2008 | See Source »

...Panic of 1907--during which several big New York City banks actually did fail--led to the creation of the Federal Reserve. The Great Depression, unleashed by a market crash and countless bank runs, gave us the Securities and Exchange Commission, the Federal Deposit Insurance Corporation, and the Glass-Steagall Act separating banks from Wall Street. Now we're up to our elbows in another mess, albeit one that has yet to acquire a name for the ages. (Credit crunch? Subprime meltdown? Give me a break!) And so, as foreclosure follows reset subprime loan, talk has turned to the need...

Author: /time Magazine | Title: Holding Back the Flood | 4/3/2008 | See Source »

...Saturday night, one of Harvard’s lesser-known musical groups, the Brattle Street Chamber Players, gave a polished performance in Paine Music Hall. The group premiered “Gilded Glass,” a piece composed especially for the group by Elizabeth C. Lim ’08, before playing two relatively obscure pieces: Igor Stravinsky’s “Concerto for String Orchestra in D” and Antonin Dvorak’s “Serenade for Strings.” It became apparent by the end of the evening that the group...

Author: By Matthew H. Coogan, CONTRIBUTING WRITER | Title: Practiced Playing from Brattle Street | 4/1/2008 | See Source »

...tall building in colors that tall buildings don't usually wear. His 2005 Torre Agbar in Barcelona is a cylindrical tower covered in a gridwork of painted metal panels. Windows turn up all around, seemingly at random. The entire tower is then surrounded by a membrane of fixed glass louvers fritted with ceramic dots that blur your view of the multicolored surface behind them...

Author: /time Magazine | Title: Jean Nouvel Wins Architecture Honor | 3/30/2008 | See Source »

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