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Restaurateur Danny Meyer expects to sell more French fries and less foie gras. Meyer, who owns seven New York City eateries, says lines are longer than ever at his Shake Shack. But business is off 5% at two of his nearby, higher-end eateries, both of which are on the first floor of the New York headquarters of financial firm Credit Suisse. One of the restaurants, Eleven Madison Park, features a duck-liver terrine with pineapple and pearl onions on a rum-raisin brioche. The appetizer costs an additional $20 on top of the restaurant's normal $88 tasting menu...

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

...longer matters if you're not obsessed with politics. Because even if you take in only the occasional newspaper, newscast or episode of Saturday Night Live, the coverage you see is driven by the fixations and miniscandals whipped up in the unsleeping election media. With cable and now online outlets that can make anything news at any time, the media formerly known as mainstream are dealing with news that can go through several rounds of attack and counter-attack between the morning paper and the evening news. The 24-hour news cycle that media critics used to bemoan seems...

Author: /time Magazine | Title: Campaign '08: The Media's 24-Minute News Cycle | 10/31/2008 | See Source »

...When I was taking that oven picture," Eggleston says today, "I thought the results would be unlike any other picture I had seen. You just don't encounter too many pictures of open ovens." All these years later, you still don't, but his work is no longer so puzzling. What it is instead is famous, influential and even venerated, the kind of work that gets you a big retrospective like the one opening on Nov. 7 at the Whitney Museum of American Art in Manhattan and traveling to Munich and Washington. With about 150 photos and two videos, including...

Author: /time Magazine | Title: Light Fantastic | 10/31/2008 | See Source »

...revealing of Picasso's attitude to art might have been: "Titian and Rembrandt were great painters: I am only a public entertainer who has understood...the imbecility, the vanity, the stupidity of his contemporaries." Having fooled a generation of "masters and critics," as he called them, Picasso was no longer able to fool himself. Ian Macdonald, Sydney...

Author: /time Magazine | Title: Inbox | 10/30/2008 | See Source »

Pointing to the Middle East as an example, Scowcroft said that international problems no longer end within country lines but are instead “overlapping and interconnected...

Author: By Manning Ding, CONTRIBUTING WRITER | Title: Scowcroft Speaks On U.S. Image | 10/30/2008 | See Source »

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