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When the Polaroid film factory in the Dutch town of Enschede shut down in June 2008, it seemed to signal the end for one of the most ingenious and iconic innovations of the 20th century. Almost 60 years after American inventor Edwin H. Land sold the first Model 95 of his new instant-picture camera in Boston in November 1948, the troubled Polaroid Corp. halted its cassette-film production for good. Demand was still relatively high - the plant churned out 30 million cassettes in 2007 and 24 million in the first half of 2008 - but the plant...

Author: /time Magazine | Title: After Polaroid, Keeping Instant Photography Alive | 7/21/2009 | See Source »

This has some folks in Washington concerned. In June, the Government Accountability Office said it had uncovered misleading marketing practices in the reverse-mortgage industry, and Missouri Senator Claire McCaskill, a longtime consumer advocate, chaired a hearing to investigate predatory lending tactics. A big no-no is cross-selling, e.g., trying to persuade a senior to get a reverse mortgage and use the funds to buy an annuity or other financial product...

Author: /time Magazine | Title: The Pros and Cons of Reverse Mortgages | 7/20/2009 | See Source »

...June 22, 2002, Joe Degeorge had a barbecue in his backyard. He was 15 at the time and living with his parents in Norwood, Mass. Joe had arranged for a couple of bands to play, but they bailed, and he needed entertainment. There are people who at that point would have jacked an iPod into the sound system and called it a party. But this...

Author: /time Magazine | Title: The Boy Who Rocked | 7/20/2009 | See Source »

Meanwhile, the building that houses ACC's renewable-energy program is chockablock with bulletin boards touting jobs. A city ordinance that kicked in on June 1 requires presale energy audits for many commercial buildings, apartment complexes and single-family homes, creating the need for more trained inspectors. Also, one of the nation's largest solar-power plants is slated to be completed next year a mere 20 miles from Austin's downtown. (See 10 ways your job will change...

Author: /time Magazine | Title: Can Community Colleges Save the U.S. Economy? | 7/20/2009 | See Source »

...Trevor Timmons, the Director of Player Recruitment for the Habs, spoke into microphone on June 26, the crowd fell silent. Then Leblanc’s name came out of Timmons’ mouth, and the audience erupted into applause and cheers. “Louis, Louis, Louis,” boomed through the arena. It was the first time since 1988 that Montreal had drafted a Quebecois skater in the first round...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: NHL First-Round Pick Leblanc Harvard Bound | 7/20/2009 | See Source »

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