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...foreign business community in China has deep respect and affection for the Chinese people and their hard-earned success. But more than a few foreign business leaders are asking themselves if they have been bamboozled by the system. Multinationals have been solid citizens in China, handing over heaps of capital, technology, training, source code, best practices and proprietary products to joint-venture partners they were forced into bed with. They have funded schools, orphanages, disaster reconstruction, overseas scholarships and all manner of poverty-alleviation programs. But now that the China market matters more to them, it appears that China couldn...

Author: /time Magazine | Title: The China Fix | 2/1/2010 | See Source »

...Brockovich, The Pianist, Seabiscuit) have been nominated. It may be that members of the Motion Picture Academy, on the whole far older than the average movie audience, recall when the inspirational was so popular that it had a nickname: the four-hankie movie. Now the genre is nearly as hard to find as ... a hankie. (See the 100 best movies of all time...

Author: /time Magazine | Title: Extraordinary Measures: Sentiment Makes a Comeback | 2/1/2010 | See Source »

...asked a few of my favorite economic forecasters to name an indicator or two that I could afford to start ignoring. Three said they disregarded the index of leading indicators, originally devised at the Commerce Department but now compiled by the Conference Board, a business group. Forecasters want new hard data, and the index "consists entirely of already released information and the Conference Board's forecasts," says Jan Hatzius of Goldman Sachs. (The leading-indicators index topped a similar survey by the Chicago Tribune in 2005, it turns out.) The monthly employment estimate put out by payroll-service firm...

Author: /time Magazine | Title: When Economic Indicators Aren't Worth That Much | 2/1/2010 | See Source »

...private-eye novel is the quintessential form of the American mystery story, and for the past 36 years its greatest practitioner was Robert B. Parker, who died on Jan. 18 at 77. In the genre's lineage of hard-boiled icons, the baton passed from Dashiell Hammett to Raymond Chandler to Ross Macdonald and finally to Parker, whose mononymous detective, Spenser, long ago entered the pantheon inhabited by Sam Spade, Philip Marlowe and Lew Archer. Although Parker's body of work included books featuring other protagonists, it is Spenser who will endure and whose adventures will be read...

Author: /time Magazine | Title: Robert B. Parker | 2/1/2010 | See Source »

...It’s hard to be happy with a 9-0 loss, but at the same time we were quite pleased with the result in terms of how we were competing,” junior Eliot Buchanan said. “It was just those last couple of points in each game that were making the difference, where Trinity was showing a little more discipline, a little more experience...

Author: By Alex Sopko, CRIMSON STAFF WRITER | Title: Men’s Team Suffers Sweep Against Powerhouse Trinity | 2/1/2010 | See Source »

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