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...they keep coming? Last year, advertisers, fans, teams and media spent $4.6 billion on F1's festival of fossil fuel. Six hundred million people around the world watched some part of the season on television. That's why companies such as Korean electronics conglomerate LG Group are prepared to lay out "several hundred million dollars" to have their logo plastered all over F1, says Andrew Barrett, the company's VP of global sponsorship, who recently inked such a deal. "We were looking for as broad a global reach as we could get with one sport, and nothing else even came...

Author: /time Magazine | Title: The Turbulent Times of Formula One | 3/15/2010 | See Source »

...Supreme Court heard oral arguments March 2 in McDonald v. Chicago, a case challenging the constitutionality of Chicago's handgun ban. If, as is expected, the Justices rule in favor of 76-year-old Otis McDonald--who says he fears for his safety without a gun--they could lay the groundwork for gun-control laws to be loosened across the country. Firearms account for about 30,000 deaths each year in the U.S. The city of Chicago maintains that its 28-year-old handgun ban saves hundreds of lives a year. A ruling is not expected until summer...

Author: /time Magazine | Title: The World | 3/15/2010 | See Source »

Leaving the event with charitable feelings high and romantic prospects even higher, the successful bidders had a lot to look forward to. Lin, one of the star auctionees of the show who went for a second-lowest $69, gave a tantalizing glimpse of what lay in store for that romantic dinner: “I paid for a girl’s meal at Qdoba once. We had a two-for-one coupon...

Author: By Kathryn C. Reed, CRIMSON STAFF WRITER | Title: Donated Dates Raise Money For Cancer | 3/11/2010 | See Source »

...This might just be the moment Europe begins warming to GMOs. If so, it could finally lay to rest the Frankenstein-food moniker. Even Greenpeace has stopped using the term...

Author: /time Magazine | Title: Is Europe Finally Ready for Genetically Modified Foods? | 3/9/2010 | See Source »

...priesthood's ranks are thinning exponentially. In Mexico, the children of telecom billionaire Carlos Slim, one of the world's richest people, have attended its academies. In fact, like its rival conservative organization Opus Dei, the Legion counts some of the world's wealthiest Catholics among its followers - its lay membership, known as the Regnum Christi, or Kingdom of Christ, numbers some 70,000 worldwide - and it is one of the Church's top fundraisers...

Author: /time Magazine | Title: Maciel Scandal Puts Focus on a Secretive Church Order | 3/8/2010 | See Source »

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