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...York will have to get used to Grainge this summer when the 49-year-old takes over as head of Universal Music worldwide, the largest record company on the planet with a market share of nearly 29% and such acts in its stable as U2, Lady Gaga, Eminem and Amy Winehouse. Grainge has been groomed for the role for several years and says his fingers will remain close to the light switch. "It will depend if they have any hits or not," he tells TIME. (See the 100 best albums of all time...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

...nature at Phulay Bay. In fact, the architect's official design mantra is luk sanuk, a Thai phrase that translates as "have fun with the sun." And it's amorous fun to boot, judging by the fittings at this 54-villa love den, which include ridiculously enormous beds (the largest measure four by two meters) and myriad bathing options (colossal indoor bathrooms, outdoor rain showers and hot baths). Space is the most ostentatious luxury. Depending on which villa you're booked into, you can expect broad rooftop verandas, sprawling patios or plunge pools so roomy they make a trip...

Author: /time Magazine | Title: On Cloud Nine at Phulay Bay | 3/3/2010 | See Source »

Every week, unofficial sources of information in Iran (that is, blogs and social media) report labor problems. This week, there was a report about a privately owned industrial-parts company in Isfahan, Iran's third largest city, that has failed to pay 200 of its employees for the past seven months. About 80 angry workers forced their way into a board meeting, compelling company managers to hastily promise an initial payment within days and a settling of all debts by the end of the Iranian year in mid-March - with New Year bonuses as an added sweetener. (See pictures...

Author: /time Magazine | Title: Are Iran's Leaders Hiding a Severe Economic Downturn? | 3/3/2010 | See Source »

Whether or not we as a country can't make a better burger, it doesn't seem to be hurting the burger business. Bill's is about to open the largest independently owned hamburger restaurant in the world, a 500-plus-seat meat cathedral in New York City's Rockefeller Center, and the Shake Shack is next opening up in Miami, Dubai and, word has it, London. But each restaurant's primary burger would be easily recognizable to Warren G. Harding. One has a potato roll, the other a sesame bun, and both have custom grinds from meat guru...

Author: /time Magazine | Title: Can Anyone Improve Upon the Classic Burger? | 3/2/2010 | See Source »

...rescue efforts continued in the devastated area around Chile's second largest city, Concepción, Chile's President said the government would investigate whether a crucial tsunami-warning system failed to alert residents to the fact that they were in the path of an incoming giant wave. In an interview with TIME at Chile's Squadron 10 air force base outside Santiago, where hundreds of troops waited to be shipped to Concepción to combat looting and social unrest, President Michelle Bachelet described how in the hours after the quake, a breakdown in communication in the region...

Author: /time Magazine | Title: Chile's President: Why Did Tsunami Warnings Fail? | 3/2/2010 | See Source »

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