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...with enough determination and inspiration - and reliable financing - transformation can happen. The proof is that this month, in the first part of a $1.2 billion, multistage redesign of its 16 acre (6.5 hectare) campus, Lincoln Center will reopen Alice Tully Hall, its chamber-music auditorium, in a building ingeniously reconfigured to announce to anybody passing by, Come in, we're here, make yourself at home...

Author: /time Magazine | Title: Lincoln Center's New Come-Hither Design | 2/19/2009 | See Source »

...Geithner hasn't detailed his test, other than that it won't be complete for another month. Worse, officials at the Treasury say the tests probably won't be made public. That will sort out the uncertainty that has driven the stock market down...

Author: /time Magazine | Title: Can Your Bank Pass the Stress Test? | 2/19/2009 | See Source »

...latest economic indicators are dire: exports were down nearly 14% in the fourth quarter, a record three-month drop; with U.S. consumers shutting their wallets, the big guns of corporate Japan - among them Toyota and Sony - are forecasting historic losses and firing thousands of workers; Japan's unemployment rate has spiked to 4.4%, a level not seen in more than five decades. "We have a once-in-a-hundred-year crisis and the policy response is not even average," says Jesper Koll, president and CEO of Tantallon Research Japan. "The people running the show are not politicians, not independent...

Author: /time Magazine | Title: Crunch Time | 2/19/2009 | See Source »

Anand's case study compared VG.no's 6 million monthly readers (it has since grown to 8 million) to NYTimes.com, which at the time had 14 million. VG got 11 page views per session and almost 10 sessions per visitor a month - both figures almost twice those at the Times when the study was done. That boosts ad rates considerably. "If VG had the Times' numbers, revenue would fall by three to four times, and the site would be a loss-making entity," says Anand...

Author: /time Magazine | Title: Turning the Page: The News on Europe's Newspapers | 2/19/2009 | See Source »

Henry Louis Gates Jr.'s misrepresentation of Black History Month as "the coldest, darkest, shortest month" in 10 Questions is unconscionable [Feb. 16]. He should know it is an outgrowth of Negro History Week, founded in 1926 by historian Carter G. Woodson, who selected mid-February to honor the birthdays of Abraham Lincoln and Frederick Douglass. Black History Month remained in February out of respect for Woodson's scholarly choice. Robert Righter Jr., ST. LOUIS...

Author: /time Magazine | Title: Inbox | 2/19/2009 | See Source »

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