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...most influential jazz recordings of all time. Drummer Jimmy Cobb is the last surviving performer from the celebrated album, which also featured jazz legends John Coltrane, Julian "Cannonball" Adderley and Bill Evans. Now 80, Cobb continues recording and is currently touring the world through January with his band to mark the anniversary. He spoke with TIME about Kind of Blue's enduring impact and his decades of performing among the greats...

Author: /time Magazine | Title: Creating Kind of Blue | 8/19/2009 | See Source »

...unlikely winner: a supplementary member of the U.S. Olympic team, he was allowed to compete in the event only after he agreed to pay his own way to Sweden. After shocking observers by running a 10.6 in a preliminary heat, Lippincott fizzled in the final, finishing third. Still, his mark stood until his compatriot, Charley Paddock, topped him by notching a 10.4 at a meet in California nine years later. The reigning Olympic champion, Paddock won attention as much for his prerace habits as for his speed; the colorful sprinter was renowned for quaffing a sherry mixed with...

Author: /time Magazine | Title: The World's Fastest Human | 8/18/2009 | See Source »

Bach expects the jobless rate to top the 10% mark, office rents to plunge another 5% to 10% and vacancies in commercial real estate to exceed 20% by the middle of 2010 - surpassing the 18% vacancy peak hit during the early 1990s crisis. The doom-and-gloom scenario will likely lead to higher default rates on commercial property loans held by banks and those pooled into mortgage-backed securities...

Author: /time Magazine | Title: New REITs Pounce on Distressed Mortgage Assets | 8/18/2009 | See Source »

...acquaintances were hassling a homeless man at a Burger King parking lot next to the bus station. They wanted his beer, and one of the bullies - either Davis or a fellow known as Red Coles - clubbed the victim with a handgun. As it happened, an off-duty police officer, Mark MacPhail, was providing security at the restaurant. When he came running to the scene, the man with the gun shot the officer to death. (Read "Will Georgia Kill an Innocent...

Author: /time Magazine | Title: Davis Ruling Raises New Death-Penalty Questions | 8/18/2009 | See Source »

...year 2000, Kim made a historic mark diplomatically. He traveled to Pyongyang for a summit with North Korean dictator Kim Jong Il - the first meeting between North and South Korean leaders since the end of the war. The meetings came as part of Kim's so-called Sunshine Policy, which sought economic and diplomatic engagement with Pyongyang. His hope was that a more dovish stance toward the North would convince Pyongyang to rid itself of its nuclear-weapons program. He explicitly stated that reunification of the Korean peninsula would come only after a long period of "peaceful coexistence" with...

Author: /time Magazine | Title: Former South Korean President Dies at 85 | 8/18/2009 | See Source »

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