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...Dark Knight, The Mummy 3, Step Brothers and Mamma Mia!) grossed more than the top 10 this weekend. The studios front-loaded their prime merchandise, and now the shelves are getting bare. Note to moguls: Summer usually lasts three months, whenever you decide it begins. So if you launch your blockbuster season on May 1, don't be surprised if it ends on Aug. 1 - right now. This defies business logic, since in most parts of the country, school's out and kids have nothing to do but see movies for another five weeks. It's as if Hollywood...

Author: /time Magazine | Title: Box-Office Weekend: Apatow's Funny Peculiar | 8/3/2009 | See Source »

...Nokia's free e-mail service, it's designed to give thousands of consumers in emerging markets their "first Internet experience," says Credit Suisse's Garcha. Ovi Mail was conceived specifically for consumers with limited PC access, and almost all the 350,000 accounts registered since the service's launch last December have been created on Nokia phones, not on computers. To the company, that bodes well for the future. "We believe giving [consumers] this first digital identity will be a way of getting [them] later on into all sorts of other Internet services," says Alex Lambeek, Nokia's vice...

Author: /time Magazine | Title: Nokia Calling | 8/3/2009 | See Source »

...race. She made hints about the 2006 race but backed off, then did the same for the one coming in 2010. On Wednesday, July 29, after months of will she/won't she, Hutchison went on a Texas talk-radio show and stated in a formal announcement that she would launch her campaign in August and leave the Senate in "October or November." But just as suddenly, as the news spread through Texas political circles, Hutchison held a press gaggle in Washington and confused the picture...

Author: /time Magazine | Title: Kay Bailey Hutchison Is Running for Governor! (Or Is She?) | 7/30/2009 | See Source »

...collapse of the Soviet Union in 1991 - the beginnings of post-Soviet capitalism, the rise of the oligarchs, the loans-for-shares scandal, his acquisition of National Reserve Bank, the rise of Putin, the fall of the oligarchs, his 28% stake in Aeroflot, the Khodorkovsky affair, the forthcoming launch of his restaurant in London, the end of democracy in Russia, Davos, and fellow oligarch (and Chelsea Football Club owner) Roman Abramovich. (See pictures of EURO 2008 soccer...

Author: /time Magazine | Title: Alexander Lebedev: Rich Advice | 7/27/2009 | See Source »

...NAACP, I sat on the Lower East Side, a neighborhood that has been home to immigrants for generations. I work at Henry Street Settlement, founded by Lillian Wald, an early supporter of the NAACP. She hosted the informal reception that kicked off the 1909 National Negro Conference that helped launch the century-old organization. In a stuffy office across from housing projects, I read drafts of college essays written by New York high school students, including many by poor immigrants. I remembered Sotomayor’s controversial statement—“a wise Latina woman with the richness...

Author: By Alex M. Mcleese | Title: Personal Statements | 7/27/2009 | See Source »

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