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...what's the next move for ritzy retailers? Department stores cut new merchandise orders for the upcoming holiday season by at least 20% to bring supply in line with demand, and began pressuring fashion houses to offer lower-priced goods. "They needed to get traffic into their stores," says Milton Pedraza, chief executive of the Luxury Institute...

Author: /time Magazine | Title: Luxury Retailers Rush To Adapt: Chic Goes Cheap | 9/17/2009 | See Source »

Some have signed deals with even cheaper retailers, such as Jimmy Choo designer Tamara Mellon's deal with H&M, Anna Sui's clothing line for Target, and Vera Wang's partnership with Kohl's. This week, Narciso Rodriguez announced plans to sell a line of his clothing exclusively...

Author: /time Magazine | Title: Luxury Retailers Rush To Adapt: Chic Goes Cheap | 9/17/2009 | See Source »

...subject line reads: "[Sender's name] has sent you a photo!," to which the body reminds us "[Sender's name] sent you a photo. Want to see the photo?" Your turn! Click YES to let bad stuff happen to your computer, or click NO to let similarly bad stuff happen to your computer...

Author: By Ashin D. Shah | Title: Random acquaintance has sent you spam. Want to see the spam? | 9/16/2009 | See Source »

...individuals would be required to have health insurance. Individuals and families who do not have insurance for more than three months in a given year would be subject to an annual excise tax of $750 and $1,500, respectively, if their income is below 300% of the federal poverty line (or $66,150 for a family of four). Tax penalties for individuals and families with incomes above that would be $950 and $3,800. The excise tax would be waived for Native Americans and individuals and families whose health-insurance costs would be more than 10% of their annual income...

Author: /time Magazine | Title: The Baucus Health Bill: A Primer on What's in It | 9/16/2009 | See Source »

...would the Medicaid program be affected? Beginning in 2014, eligibility for Medicaid would be raised to individuals earning up to 133% of the federal poverty line - $14,400 for an individual; $30,000 a year for a family of four. Childless adults, currently excluded from Medicaid, would be eligible...

Author: /time Magazine | Title: The Baucus Health Bill: A Primer on What's in It | 9/16/2009 | See Source »

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