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That's exactly what Louis Vuitton is doing. Take any of the latest Louis Vuitton ads they're running right now: they're actually promoting various actors who are not hot anymore. They're putting them in settings which are from the '60s, the '50s, and basically you feel you are buying the past...

Author: /time Magazine | Title: How Shoppers Make Decisions in a Recession | 5/18/2009 | See Source »

...economic crisis strikes - this time a global one - Halle isn't immune. Its economy has crashed in the past six months. Across the region - but especially in places like the town of Eisenach, where a new auto industry has been built up over the past few years - the latest downturn is biting, though local officials stress that at least their position is better now than it was. "We're certainly in a crisis," says Peter Haimann, president of Halle's Chamber of Commerce and Industry, "but we also have much more flexibility to face...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

...there may be more to come. Sondheim's "nibbling" at a couple of new shows with his two longtime collaborators, John Weidman and James Lapine, and is writing an annotated retrospective of his lyrics. But breaking fresh ground can be hard going, says Sondheim, whose latest work, Road Show - based on the lives of huckster brothers behind Florida's ill-fated 1920s real-estate boom - was more than a decade in the making. "You think every time you pick up your pencil it's going to be a little bit easier, but it isn't," he says...

Author: /time Magazine | Title: Past Master: Stephen Sondheim | 5/18/2009 | See Source »

Denseness seems to be the byword for Texas politicians [May 4]. Since Governor Rick Perry has obviously not seen the latest polls showing that Americans are by and large pleased with our President and new direction, he can take his state--and the ex-President who got us into this mess in the first place--and run with it. Arlyne Euler, THOMPSON'S STATION, TENN...

Author: /time Magazine | Title: Inbox | 5/18/2009 | See Source »

...publicly traded equities portfolio, which was valued at almost $2.9 billion as late as last September. Harvard appears to have redirected many of its investments after those sales, with the number of reported holding entries increasing from 71 to 99, two-thirds of which are new investments.In the latest quarter ending March 31, Harvard boosted its investments in foreign markets by purchasing almost $50 million worth of shares in an exchange-traded fund tracking South Korean indices, while also deepening investments in China, Mexico, Brazil, and South Africa that now amount to nearly $300 million—close to double...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Reshuffles Equity Investments | 5/17/2009 | See Source »

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