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Expect to see heavy price-discounting among most retailers this holiday season, but not as aggressive as last year's stunning markdowns. "On average you might see 30% to 50% off, but last year was 75% to 80% off," says Tiffany Co, director of retail at Fitch Ratings. "I don't think we're going to see the kind of panic discounting we saw last year," concurs Richard Jaffe, managing director at Stifel Nicolaus & Co., although he notes that promotions are starting earlier...

Author: /time Magazine | Title: Retailers Gear up for Black Friday | 11/13/2009 | See Source »

...burning stoves can be exchanged for technology that uses solar power or natural gas. These changes will cost money, but they should be cheaper than decarbonization. And cutting back on black carbon will also pay immediate health dividends, with less air pollution and fewer deaths from respiratory diseases. We might even be able to see the sky in New Delhi again...

Author: /time Magazine | Title: Black Carbon: An Overlooked Climate Factor | 11/13/2009 | See Source »

...moon's ice might have come from comet impacts, which would date it back to the earliest days of our solar system; that ice would hold a record of the cosmic chemistry of those formative times. But the ice could have also been formed by particles streaming from the sun, which gradually combined with lunar minerals to form water, then ice. Or it might have come from Earth, perhaps in the gigantic collision that created the moon in the first place. Whatever its origins, says Delory, the prospect of studying it is really exciting...

Author: /time Magazine | Title: Now It's Official: There Is Water on the Moon | 11/13/2009 | See Source »

...Don’s season-long struggle with his daddy issues (alternately brought to life through often irritating flashbacks to his childhood and his relationship with Conrad Hilton) that allowed him to break through. Unlike Betty, who in times of distress reverts to childhood–she might as well have reached for a Demerol when she picked up her newborn during the final fight with her husband–Don’s reflection on his upbringing in the finale is both a source of inspiration and a farewell to the solace found in blaming one?...

Author: By Ruben L. Davis, CRIMSON STAFF WRITER | Title: ‘Mad Men’ Reflects American Spirit | 11/13/2009 | See Source »

France, Germany, Brazil, Japan, and the UK all have ministries of culture. Some might say that’s all fine and good, but those countries are not America—where the government generally refrains from interfering with our sense of who we are. Young Republicans may see little worth in more red tape—even if it’s wrapped around reinvigorated national pride. Young Democrats—who have ironically paid less attention to public culture over the last decade than Republicans—may fear the purview of the state over something as precious...

Author: By Raúl A. Carrillo | Title: Jazz It Up | 11/13/2009 | See Source »

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