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...Keeping up with the Abramoviches It's not hard to spot the influence of this aristocracy. At London's famed Harrods department store - a mecca for the moneyed international community - a personal shopping service allows globe-trotting customers to order a six-figure wardrobe with one phone call or arrange to have their yacht spruced up in 24 hours with a single e-mail. At Selfridges department store, a new one-stop luxury section called the Wonder Room brings together the classics - Chanel watches, Tiffany silverware, Hermès scarves - with more audacious items like the gold-plated, diamond-encrusted...

Author: /time Magazine | Title: Ritzy Business | 1/17/2008 | See Source »

...generation's worth of global growth: the extent to which New York City, London, and Hong Kong, three cities linked by a shared economic culture, have come to be both examples and explanations of globalization. Connected by long-haul jets and fiber-optic cable, and spaced neatly around the globe, the three cities have (by accident - nobody planned this) created a financial network that has been able to lubricate the global economy, and, critically, ease the entry into the modern world of China, the giant child of our century. Understand this network of cities - Nylonkong, we call...

Author: /time Magazine | Title: A Tale Of Three Cities | 1/17/2008 | See Source »

College applications are rising nationwide, as this year's high school senior class is the largest in 20 years. The number of students graduating from high school will hit 3.2 million this year, up from 2.5 million in 1995-96, according to The Boston Globe...

Author: By Arianna Markel, CRIMSON STAFF WRITER | Title: Harvard Reports Jump in Applicants | 1/16/2008 | See Source »

...other years I've parsed the portents of the Globe awards, and applauded or derided the winners' speeches. This time there was no star wattage; the announcers on the channels I watched all sank into a sea of blandness and blondness. As for hints of Oscar triumphs and upsets... honestly, does it matter? It's my job to care, and I don't. Movie audiences may feel similarly indifferent toward Feb. 24 Oscar show - and not just because, if the strike lasts, it too will be hobbled. Deprived of their usual chance to suck on the helium of the Globes...

Author: /time Magazine | Title: The Golden Globes — Who Cares? | 1/14/2008 | See Source »

...Some of the HFPA's goofier inspirations have stuck, like the Miss Golden Globe designation, begun in 1963 in homage to the sweet young thing of the moment. The honoree usually comes from Hollywood royalty (Tippi Hedren's daughter Melanie was Miss G.G. in 1975, and 31 years later the slot went to Griffith's daughter Dakota Johnson). It's one more way of guaranteeing that one more proud parent, who just happens to be a movie star, will show...

Author: /time Magazine | Title: The Golden Globes — Who Cares? | 1/14/2008 | See Source »

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