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...question. With its shares at a multi-year low and trading almost 70% below where they were twelve months ago, why is the company still a conglomerate? The only answer to that is that the board and senior management have decided to keep it that way. It has become harder and harder to defend having entertainment, medical products, and jet aircraft manufacturing under the same roof with several risky financial services units. While the company's CEO has defended that point of view, it is hard to imagine why the board has supported the strategy. The former head of JPMorgan...

Author: /time Magazine | Title: Boards Refuse to Act Despite Poor Governance | 2/5/2009 | See Source »

...University of Michigan study involving 894 middle and high schools found that random student drug-testing tends to reduce marijuana use slightly (about 5%) but actually increase the use of other drugs (about 3%). The authors theorize that drug-using kids may think that prescription and other drugs are harder to detect by urinalysis, so they switch from pot to something else. (This assumption is usually incorrect - most drug tests capture everything from heroin to Valium - although certain lesser-used drugs like the anesthetic ketamine aren't detected by the usual tests...

Author: /time Magazine | Title: Should School Districts Drug-Test Teachers? | 2/5/2009 | See Source »

...been fairly indulgent about performers' ethics. It's hits that matter, and the average person listening to just one pop song on the radio will have a hard time hearing Auto-Tune's impact; it's effectively deceptive. But when track after track has perfect pitch, the songs are harder to differentiate from one another--which explains why pop is in a pretty serious lull at the moment. It also changes the way we hear unaffected voices. "The other day, someone was talking about how Aretha Franklin at the Inauguration was a bit pitchy," says Anderson. "I said, 'Of course...

Author: /time Magazine | Title: Auto-Tune: Why Pop Music Sounds Perfect | 2/5/2009 | See Source »

...President Bill Clinton's troubleshooter in the Balkans in the 1990s, Holbrooke handled one tough assignment after another. But his present one is even harder. "Pakistan is where some of the world's biggest problems come together--international terrorism, the nuclear threat, the question of democracy in the Muslim world, drugs," says Bruce Riedel, a Brookings Institution expert who advised the Obama campaign on South Asia. "On top of that, it is central to winning the war in Afghanistan...

Author: /time Magazine | Title: Pakistan's Prospects | 2/5/2009 | See Source »

Like Palin, Dati is a special case; but the harder the times, the heavier the symbolism. And since Dati raced back to her desk amid a global economic meltdown, her decision took on a public as well as a personal dimension. A French feminist compared her to women in the 1920s who gave birth on the factory floor and kept working for fear of losing their job. Another called her choice "scandalous" since employers could use it to "put intolerable pressure on women" to take less time off. What a pernicious example at a moment when workers are already anxious...

Author: /time Magazine | Title: Married to the Job, or Each Other? | 2/5/2009 | See Source »

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