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...Angel of History. According to another theory, the painting was inspired by Adolf Hitler, who lived in Munich at the same time as Klee. When Klee painted Angelus Novus in 1920, Hitler had just entered politics and was practicing his oratory skills by giving hate-ridden speeches in local beer halls...

Author: /time Magazine | Title: Paul Klee's Universe Comes to Berlin | 10/31/2008 | See Source »

...credit crunch, just to prop up their pension accounts. That's in part because evolving accounting standards - including those established in the Pension Protection Act of 2006 - prevent companies from getting too far underwater on their obligations to retirees. Public pensions have also been hit hard. State and local governments' pension funds support some 27 million Americans, and many have lost a fifth of their value this year. Virginia's retirement fund and California's Calpers have each fallen 20% in just the past four months. The pain is both broad and deep...

Author: /time Magazine | Title: Pension Funds Weakened By Stock-Market Decline | 10/31/2008 | See Source »

...Meyer's restaurants are not alone. A survey released Friday morning shows businesses around the New York City area are already feeling the pinch of Wall Street's recent downturn. The survey, conducted by the local chapter of the National Association of Purchasing Management, found that business managers believe the Big Apple's economic conditions have deteriorated 21% from just three months ago, to an index level of 35.6. Any reading below 50 means the city's economy is contracting. The index stood at 59 just a year ago. "Managers say business conditions are bad and will stay that...

Author: /time Magazine | Title: New York City Feels the Brunt of Wall Street's Crisis | 10/31/2008 | See Source »

...dollar bills in the hopes that they'll use the money charitably during their stay. The hotel suggests giving back by tipping a street musician or paying the highway tolls of 10 cars behind you. If you upgrade your room, the hotel will donate $25 to one of three local charities, including the Chicago Food Bank. Generosity must be contagious: Another Chicago hotel, Hotel Indigo, is handing guests $25 gift cards to Target or Best Buy. And Detroit-area Marriott hotels are giving away $25 Visa gift cards; they're also offering $94 weekend rates to entice you to stay...

Author: /time Magazine | Title: Travel News: Cheap Helicopter Rides from JFK | 10/30/2008 | See Source »

...blasts began at about 11 a.m. local time in Assam, a mainly rural state best known for its tea plantations. Three of them were car bombs set off in its capital and largest city, Guwahati, according to R.N. Mathur, the state's director general of police. Those blasts did the most damage, killing 31 and injuring 147. The remaining six blasts hit smaller towns in lower Assam, near the Bangladesh border, and were smaller in scale, using explosives left on bicycles and motorbikes. Two of the bombs in Guwahati were set off near government targets: a police station, the office...

Author: /time Magazine | Title: India's Northeast Rocked by Blasts | 10/30/2008 | See Source »

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