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...while, the Harvard Jazz Collective was big time. Really. You may not have heard of us, a modest five-piece jazz ensemble founded in the fall of 2005, but like any other major musical act, we had recordings, a rehearsal space, even groupies. We played with Herbie Hancock; we played for Mitt Romney. At our peak, a Harvard class reunion paid us a thousand bucks to play for approximately an hour and plied us with wine and food. I think it’s safe to say that, as an acoustic jazz group composed of Harvard undergraduates specializing in late...

Author: By Jake G. Cohen | Title: Background Music | 6/2/2009 | See Source »

...million workers. Economic statistics for the first quarter of 2009 were surprisingly positive, leading some economists to conclude that the rate of contraction was slowing and that China might be on the road to recovery. Power-generation and transportation statistics, key indicators of the economy's direction, registered modest increases in March after months of decline. Banks lent money at record levels, investment showed signs of recovery, and auto sales grew nearly 3.9% in the first quarter compared with the same period last year, thanks to subsidies for new-car buyers and lower sales taxes. The results...

Author: /time Magazine | Title: China's New Deal: Modernizing the Middle Kingdom | 6/1/2009 | See Source »

...torture. But HGTV is hardly the only network trying to figure out how the recession and a political shift have changed America. The underlying question at the just completed network "upfronts," or fall-schedule presentations to advertisers, was, If we are truly becoming a different society--more abstemious, more modest in our ambitions, more community-focused, or just poorer--what will this new society blow its time watching on the tube...

Author: /time Magazine | Title: The Networks Look Ahead: Change, the Channel | 6/1/2009 | See Source »

...Gettelfinger insists that the union has already made substantial cuts to health-care costs. In less than four years, blue collar retirees have gone from modest co-pay fees and deductibles to footing 25% of the bill for their health care. The new UAW contracts also include reductions in benefits: dental and vision coverage will be dropped, effective July 1. "The UAW has always been willing to sacrifice to help these companies," Gettelfinger says. "When this started, we were on third base before the other stakeholders were even in the ballpark...

Author: /time Magazine | Title: Why Detroit Retirees Have Health-Care Anxiety | 5/31/2009 | See Source »

...people who now use fast trains for international European travel each year from 15 million to 25 million by 2011. That compares with some 160 million who travel across borders by air in Europe every year, a number that is expected to double by 2020. The railroads' relatively modest growth expectations are grounded in some harsh economic realities: new high-speed rail lines take years to plan and build as well as billions of dollars in investment. Moreover, Europe's rail operators are just beginning a chaotic period of industry restructuring and consolidation that usually accompanies deregulation...

Author: /time Magazine | Title: European Train Travel: Working on the Railroad | 5/28/2009 | See Source »

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