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...show didn't mean the end of Second City's empire. The next year, it opened its training center at Second City in Chicago, where its principles of improv technique were formalized and taught. (While all actors are chosen only after a rigorous audition, most of the troupe's younger stars are products of the training center; Steve Carell, Rachel Dratch, Chris Farley and Fey are all former students.) But not all attempts at expansion worked out. Second cities in Pasadena and Santa Monica, Calif., and Edmonton, Alberta, soon shuttered, while theaters in Las Vegas and Detroit meandered along...

Author: /time Magazine | Title: The Second City | 12/16/2009 | See Source »

...does, astronomers will be able to look for it in unprecedented detail. Since GJ 1214b is only 40 light-years away, which is practically next door in cosmic terms, its atmosphere can be studied more closely than that of any other exoplanet, both with the Hubble Telescope and with the infrared-sensitive Spitzer Space Telescope. Charbonneau's team has already applied for observing time on both scopes to do just that...

Author: /time Magazine | Title: Super-Earth: Astronomers Find a Watery New Planet | 12/16/2009 | See Source »

Houghton confirmed his plans for departure to his Corporation colleagues at their Dec. 7 gathering, wishing to make his announcement before the end of the month to jump-start the search for a replacement next year, according to the release...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Senior Fellow Leaves Board | 12/16/2009 | See Source »

...they wanted a piece of Circuit City's pie. And to the benefit of holiday shoppers, one of those retailers is Walmart. For example, according to the website TVpredictions.com, Walmart offered a Blu-ray player for $78 on Black Friday, raised the price to more than $100 over the next few weeks and then lowered it back to $78 last Saturday. Best Buy has insisted that it will match its competitors' prices, so with Walmart acting so aggressively, the consumer will always win. "Walmart doesn't care if it makes a lot of money on electronics," says Michael Pachter...

Author: /time Magazine | Title: Consumer Electronics Light Up the Holiday Season | 12/15/2009 | See Source »

Good riddance. Of course, the retailers risk cannibalizing their 2010 sales by offering such juicy deals at Christmastime. "The question is, Are we sucking the demand out of the first part of next year?" asks Hargreaves, the Pacific Crest Securities analyst. Perhaps. But that's of no concern to the consumer. For shoppers, cheap electronics in the aisles bring nothing but holiday cheer...

Author: /time Magazine | Title: Consumer Electronics Light Up the Holiday Season | 12/15/2009 | See Source »

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