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...able to make more money than anyone was that he set the culture of the industry. In his day there was an unspoken understanding of how you did business, a culture of co-operation. Somewhere along the way it became cool to steal talent at a bigger price - it made you a bigger mogul...

Author: /time Magazine | Title: Sizing Up Murdoch, Redstone and Other Moguls | 11/3/2009 | See Source »

...must be paid whatever they ask. Businesses such as newspapers, where the content is continuous and you're relying on the value of a franchise rather than a star reporter, are better businesses. Newspapers had 30% or more margins for years. There's no question that the Internet has made the newspaper business tougher than it was before. But newspapers used to be so profitable, it made newspaper managers terribly lazy. Even today the margins at most small local newspapers are still 20%. McClatchy is 20%, Lee is 20% and Gannett, if you count out USA Today...

Author: /time Magazine | Title: Sizing Up Murdoch, Redstone and Other Moguls | 11/3/2009 | See Source »

...patients from severe brain damage. But in the course of researching this possibility, they found that switching off the receptor in a healthy brain cell led to the death of that cell - an unexpected and troubling result, given that many common anesthetics block the same receptor. At first this made little sense, but other researchers began to speculate that preventing calcium entry might be the cause of injury...

Author: /time Magazine | Title: Anesthesia: Could Early Use Affect the Brain Later? | 11/3/2009 | See Source »

Welcome to America's 2009 off-off year elections, in which partisans and analysts hope to turn the usual dictum on its head: today, they'll try to convince you, all politics is national. Much will be made of the results, whatever they are - likely too much, in fact. But as the first sign of Democratic and Republican electoral strength since Barack Obama was elected one year ago, the results bear watching...

Author: /time Magazine | Title: The Three Races to Watch on Election Day | 11/3/2009 | See Source »

...Obama has made several visits to New Jersey, most recently last weekend; he still enjoys the warm embrace of this blue state with a large African-American population and numerous progressive voters. The final public and private polling in the race favors the Republicans, but the White House isn't giving up hope that Corzine can pull off a surprise. A Democratic defeat in New Jersey will say more about Corzine than the party, and about anger at incumbents across the board in these troubled times, but Republicans will still push the blame on Obama...

Author: /time Magazine | Title: The Three Races to Watch on Election Day | 11/3/2009 | See Source »

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