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...income rose 6%, to 16.8 billion euros. The Mondragon Corp. maintains its commitment to one-worker, one-vote democratic governance through a complex, carefully honed organizational structure in which the corporation serves as a kind of metacooperative for the individual companies. Through representatives and resources drawn from the larger network, it provides support for planning, research and generation funding for new businesses...

Author: /time Magazine | Title: In Cleveland, Worker Co-Ops Look to a Spanish Model | 12/22/2009 | See Source »

...Christmas carols at a stranger's door assumes a similarity of culture among carolers and audience," says Chris Brunelle, an assistant professor of classics at St. Olaf college. With America a far more diverse and less homogenous society than it was in caroling's heyday, that's a larger assumption than many are comfortable with. Still, most of us probably agree about...

Author: /time Magazine | Title: Christmas Caroling | 12/21/2009 | See Source »

...Vegas. The days of visionary auteurs bringing extravagant casino dreams to eager banks are over. Land is too expensive if you don't already own it. Banks are reticent to lend to developers who lack land equity and plenty of cold hard cash. MGM Mirage owns a larger parcel than CityCenter a few miles north of it on the Strip. It's unlikely the company will attempt a sequel. "I think people will quickly come to a conclusion that no one will ever top this," Murren says. "We've delivered in excess of people's expectations...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

With the current war raging, Yemen is getting a lot of support (though how much is unclear) from its larger wealthier neighbor, Saudi Arabia, which joined the fight last month. Separately, President Barack Obama recently requested $65 million for Yemen to help battle terrorism and al-Qaeda...

Author: /time Magazine | Title: Yemen's Hidden War: Is Iran Causing Trouble? | 12/18/2009 | See Source »

...that Yemen and Saudi Arabia are alleging, regional analysts say it could very well become one if the key players keep crying wolf. "One of the things that the Yemeni government has gotten particularly skilled at doing over the past several years is linking their own domestic crises to larger regional and western concerns," says Johnson, noting that at other times Yemen has attempted to link the Houthis and al-Qaeda, a militant Sunni group that has openly targeted Shi'ites in other contexts, such as Iraq. "I think a large concern now is, given the sniping back and forth...

Author: /time Magazine | Title: Yemen's Hidden War: Is Iran Causing Trouble? | 12/18/2009 | See Source »

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