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...choir's travels across the U.S. earned director Alex Grasshoff an Oscar in 1969. Yet when the Academy of Motion Picture Arts and Sciences discovered that The Young Americans was first shown in late 1967, making it ineligible for the awards presented in 1969, the Academy took back his golden statuette--the only revocation in the Academy Awards' 80-year history. Though Grasshoff went on to direct several TV shows and the 1973 documentary Journey to the Outer Limits, he never won another Oscar...

Author: /time Magazine | Title: Milestones | 4/24/2008 | See Source »

Much has changed since Richard Hoare opened his bank under the sign of the golden bottle in London in 1672. Insignia have given way to street numbers. Amsterdam, London's great trading rival in the 17th century, has long been eclipsed by New York City. And much of Hoare's own competition has been gobbled up by bigger banks. Amid it all, Hoare's bank has remained unshakable. With a bottle still hanging outside its central London premises, the U.K.'s last family-owned private bank has stuck to what C. Hoare & Co.'s current CEO Alexander Hoare calls...

Author: /time Magazine | Title: Private Banking: Old-School Rules | 4/23/2008 | See Source »

...headquarters of Telenor, Norway's biggest telecom company, to reflect at least some of its Scandinavian side. Sure enough, meeting rooms are furnished with wooden floors, sleek tables and angular armchairs; there's even a breathtaking view of the Oslo Fjord. But look closer. The small silver plates and golden sculpted boats in one such room are from Bangladesh; the green-and-gold tea set, with its five matching cups, from Thailand. And the black-and-gold rug hanging on a wall is among the finest you would find anywhere in Pakistan...

Author: /time Magazine | Title: Long-Distance Calling | 4/23/2008 | See Source »

...William, and to a lesser extent his brother Harry, has been the country's cherished son since the premature death of his mother, Princess Diana. The struggle for the military has been to harness the image of the well-favored child - the codename of William's flight training was "Golden Kestrel" - while also protecting him from the prospect of sudden death in a combat zone. When news broke that Prince Harry had been serving in the dangerous Helmand province, many British papers lionized his bravery and commended the military for treating him as "one of the lads." But others criticized...

Author: /time Magazine | Title: Prince William's Bumpy Landing | 4/21/2008 | See Source »

...same, he presided over an era when Spanish painting was moving, sometimes spectacularly, into the golden age that it fully arrived at after his death. You understand that right away from the thunderclap that is the first gallery of "El Greco to Velázquez: Art During the Reign of Philip III," which has just opened at the Museum of Fine Arts (MFA) in Boston. There are five fierce El Grecos in that room, all humming in his high, mad register. Spain may have been adrift, but its art was advancing nicely--and advancing into territory where you might not have...

Author: /time Magazine | Title: Spanish Painters Bring Heaven to Boston Museum | 4/17/2008 | See Source »

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