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Take sponsors. In theory, with several backers cutting ties with the sport - the recently nationalized Royal Bank of Scotland, for one, has other things on its mind - new ones could have negotiated more in the way of exposure than they might have three or four years ago. But amid squabbles...

Author: /time Magazine | Title: Can Formula One Run Without Ferrari? | 5/15/2009 | See Source »

A few very large deals have been done recently. Most were first proposed several months ago. They were likely to work because they were what investment bankers call "strategic." Usually that means that the two companies involved are in the same business. They see "synergies" which involve things like taking...

Author: /time Magazine | Title: A Renaissance for Big Acquisitions | 3/19/2009 | See Source »

Art Smart. It's contemporary art week in New York City, which means you just might get a chance to discover the next Picasso. (These days, art is probably a better investment than stocks, and at least it looks good on your wall.) Armory Show is the main event, featuring...

Author: /time Magazine | Title: Agatha Christie's Private Escape, and Other Travel Goodies | 3/2/2009 | See Source »

Andrew Rose, Bernard T. Rocca Professor of International Trade at the Haas School of Business at the University of California, Berkeley, sees local currencies as limited by their unwieldiness. "Money is primarily just a convenience for enabling exchanges between two parties. The more widely accepted, the more convenient it is...

Author: /time Magazine | Title: Alternative Currencies Grow in Popularity | 12/14/2008 | See Source »

We will not meet our cozy critical clique again. From here 2666 tacks abruptly sideways into the mind of a philosophy professor who teaches in Santa Teresa, and who may be slowly going insane, and then again into another genre entirely, a hard-boiled yarn about a journalist sent to...

Author: /time Magazine | Title: Bolaño's 2666: The Best Book of 2008 | 11/10/2008 | See Source »

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