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Soccer's inflationary economics is simply good business in the current market - the real estate experience reminds us that bubble-economy behavior is perfectly rational until the bubble bursts. But there are certainly risks. The current combined debt load of the English Premiership clubs is about $12 billion ($3 billion owed by Chelsea and Manchester United alone). Figures for the 2006-2007 season put the league's annual wage bill at about $3 billion and its total revenues a little over $3.8 billion, with only eight of the Premiership's 20 clubs reporting an operating profit. Revenues have increased, thanks...

Author: /time Magazine | Title: Soccer's Billion-Dollar Players | 8/3/2008 | See Source »

...Despite its lackluster performance, Cuil (which means wisdom or knowledge in Gaelic) got so many visitors on Monday, that its servers crashed around 3 p.m. E.T. "Due to excessive load, our servers didn't return results. Please try your search again," the site read intermittently throughout the afternoon. But even when it was working, the results were fair, at best. Enter a keyword such as "mint" and the first result that comes up isn't the herb or flavor but the U.S. Mint. Type in "Obama," and one of the sub-categories Cuil suggests is "Hispanic-American Politicians". And Cuil...

Author: /time Magazine | Title: Why Cuil Is No Threat to Google | 7/28/2008 | See Source »

...fewer brain-clogging amyloid plaques in their brain. Build up of these protein plaques, which are one of the hallmarks of Alzheimer's disease, can interfere with normal communication between nerve cells and cause deficits in memory and cognition. "The group on combination therapy had a very, very low load of neuritic plaques," Beeri says. "Their brains looked almost like normal people." The medications did not, however, do much to reduce the number of tangles - the fibrous nerve nets that are another defining characteristic of the memory-robbing disease - in the brains of Alzheimer's patients...

Author: /time Magazine | Title: Diabetes Drugs May Help Alzheimer's | 7/28/2008 | See Source »

Meanwhile, hotel companies are also finding ways to lighten your luggage load. Fairmont Hotel and Resorts (fairmont.com) partners with delivery service Sports Express to ship guest luggage and sports equipment to any of its worldwide properties. Dubai's Jumeirah Hotel offers an online "boutique" for items such as shaving cream and suntan lotion that you often can't carry on, thanks to increased security: order them before you board and they'll be waiting in your room when you arrive. And repeat guests can store their luggage at certain Peninsula hotels in the U.S. and Asia, with your clothes...

Author: /time Magazine | Title: Baggage Handlers | 7/23/2008 | See Source »

...place during the summer before the start of the first law-school year. Applicants must have at least two years' post-undergraduate work experience, which is meant to attract older candidates who administrators believe will be better prepared to handle the grueling schedule. In addition to the heavier course load, the students get only one summer off - between their first and second years - in which to work and hopefully line up a post-graduation...

Author: /time Magazine | Title: Fast-Tracking Law School | 7/23/2008 | See Source »

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