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...month often dominated by a Sam Raimi action film: his Spider-Man trilogy has earned $2.5 billion worldwide. But Raimi earned his early rep, or notoriety, with the low-budget gross-out Evil Dead horror films, and his Cannes entry, beguilingly titled Drag Me to Hell, marks a return to those dark roots...

Author: /time Magazine | Title: Cannes 2009: Great — or the Greatest — Festival? | 5/13/2009 | See Source »

...started a month ago over lunch. Childhood friends Mike and Doug (who'd rather not divulge their last names) were swapping typically cringeworthy stories about their relatives when it dawned on them: there's something universal about the awkwardness of family. And, as Mike recalled thinking, "What better way to show that than through the family photo, something everyone can relate to." So the men trekked back to Mike's house and began Googling in earnest. "Doug found the one with the family on the tree. That was it," Mike wrote in an e-mail from his Los Angeles abode...

Author: /time Magazine | Title: Awkward Family Photos | 5/13/2009 | See Source »

...listed just five new firms, raising a meager $4.5 million in the process. In the same period last year, 32 new companies pocketed 100 times that amount. "To all intents and purposes," Richard Thornhill, capital markets director at Deloitte, said in the firm's quarterly analysis of AIM last month, "the fundraising market for new companies on AIM does not exist...

Author: /time Magazine | Title: London's Small-Stock-Market Blues | 5/12/2009 | See Source »

...Obama Administration has made Afghanistan the central front in the war on terrorism over the past month. It concluded that McKiernan's tenure there involved too much wheel-spinning, even as the Taliban extended its reach, and that there was not enough of the "new thinking" as demanded by Gates. "It's time for new leadership and fresh eyes," Gates said, refusing to elaborate. He noted that Joint Chiefs of Staff chairman Admiral Mike Mullen and General David Petraeus, who as chief of U.S. Central Command oversees the Afghanistan war, both endorsed the move. Officers typically serve about 24 months...

Author: /time Magazine | Title: Why the Pentagon Axed Its Afghanistan Warlord | 5/12/2009 | See Source »

...would anticipate that the major combat engagements are over because the major Iraqi units on the ground cease to show coherence." - Talking to reporters a month after U.S. forces invaded Iraq, adding: "I think we will move into a phase where it is smaller, albeit sharp, fights" (Washington Times...

Author: /time Magazine | Title: Stan McChrystal: The New U.S. Commander in Afghanistan | 5/12/2009 | See Source »

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