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...strippers practice water volleyball for the upcoming $10,000 tournament, women in mermaid tails splash in a tank behind him and go-go dancers cut loose inside a giant clear balloon at the poolside bar, Maloof is approached by a parade of personalities: a guy who wants him to invest in a pizza restaurant; a middle-aged Arab who wants to be reimbursed for part of the $10,000 he just lost in blackjack; a singer who wants Maloof to hear his act; a scary-looking guy who needs to borrow $500 for 24 hours. Not only does...

Author: /time Magazine | Title: The Strip Is Back! | 7/26/2004 | See Source »

...more to invest, it's worth your while to shop for a higher yield. Bankrate.com lists rates on money-market accounts, similar to money-market funds but FDIC insured. These bank-based accounts have historically lagged behind money funds' yield by about 1 percentage point, according to money tracker iMoneyNet. But banks have become aggressive and now offer equivalent yields--at times even better ones. Bankrate.com shows some good deals, such as one from ING Direct currently yielding 2.10% annually and one at VirtualBank that pays 2.15%. David Yeske, a certified financial planner in San Francisco, points out that high...

Author: /time Magazine | Title: Investing: Cash Makes A Comeback | 7/26/2004 | See Source »

...people is making him smoke even more than usual. Kubera is in a tight spot. On one side are residents trying to stop a hotel and mosque from being built in the ancient resort town (pop. 53,000); on the other, private backers of the project who aim to invest up to $4 million to cater to wealthy Arab families fleeing the summer heat of the Gulf. The mayor, who can smoke a pack of cigarettes in an hour and has been in office since the fall of communism, hasn't yet taken an official position, though he says that...

Author: /time Magazine | Title: The Hot Springs Are Getting Hotter | 7/25/2004 | See Source »

...defensive. "He likes to be heavily involved," complains a top manager. "I would prefer that he delegate a bit more." Kim is backing up his tough talk with a strategy to augment the company's design and technology prowess. For instance, LG.Philips announced in March it would invest $22 billion with its suppliers in new flat-screen production facilities over the next 10 years. Kim is recruiting engineers at a furious pace, aiming to increase research-and-development teams to 60% of LG's total payroll by 2005, from 40% today. One recent afternoon at the LG Electronics Corporate Design...

Author: /time Magazine | Title: Getting Religion | 7/25/2004 | See Source »

...Destinations to restore your sense of wonder video camera, as well as a hosted Web-logging service like TypePad and, if you want, editing software such as Final Cut Pro or iMovie (the latter is free with most Apple computers). For really spiffy professional results, it makes sense to invest in tools like Serious Magic's Visual Communicator, a TelePrompTer-graphics-backdrop package that provides network-news production values for $199. While millions of text-driven blogs have blossomed worldwide, there are only a couple hundred video blogs out there. To sample some, check out Japanese slacker vlog avoidinglife.com, music...

Author: /time Magazine | Title: See Me, Blog Me | 7/21/2004 | See Source »

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