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...front page - that is, after a mandatory splash of Michael Jackson. There is more interest, argument and passion surrounding the condition and future of American business than there has been in several generations. And yet, in the space of three months, two business magazines - the organs that exist to offer the stuff people are clamoring for - have been abandoned. One, Portfolio, a newbie, was closed. The other, Business Week, an old stalwart, is up for sale, according to reports that caught even the magazine's own editorial staff by surprise...

Author: /time Magazine | Title: Business Journalism: A Vanishing Necessity? | 7/20/2009 | See Source »

...sold 38% fewer pages, and Forbes was down 30% (a number possibly skewed by the inclusion of ForbesLife). But as a weekly, the McGraw-Hill publication has higher editorial and production costs than the other two. And they all have much bigger expenses than the legion of websites that offer business journalism exclusively online - daily, even hourly. Industry experts estimate Business Week could lose $20 million in 2009. (See the best and worst TIME magazine covers...

Author: /time Magazine | Title: Business Journalism: A Vanishing Necessity? | 7/20/2009 | See Source »

That's the kind of statement that probably irks folks most at companies like No Lie MRI in California and Cephos in Massachusetts, both of which claim to offer some kind of lie-detection ability based on fMRI technology. No Lie MRI says it uses "unbiased methods for the detection of deception and other information stored in the brain," according to a statement on its website, although the site does not point to any specific scientific evidence to support the claims. (Read a story about how science solves crime...

Author: /time Magazine | Title: The fMRI Brain Scan: A Better Lie Detector? | 7/20/2009 | See Source »

...have complained of being mileuristas since Europe adopted the common currency and the general precariousness of many jobs has long forced a kind of prolonged adolescence, with adult children living in their parents' homes well beyond graduation. But the recession is scaling back even the limited opportunities casual positions offer. Not only are there fewer jobs available - Spain lost 620,000 positions in 2008; 124,000 joined the ranks of the unemployed in March alone - but those that remain are earning even less. "People here wish they were mileuristas," says Iolanda Velasco, a Vigo city councilwoman. "They're 800-euroists...

Author: /time Magazine | Title: The Broken Hopes of a Spanish Generation | 7/20/2009 | See Source »

...phone call to Knapp's news show came on July 15, following the wave of killings. After justifying the attacks on police, the caller appeared to offer a truce. "What we want is peace and tranquility," he said. "We want to achieve a national pact." The government of Felipe Calderón was quick to reject any negotiation with the gangs and ordered a troop surge in Michoacan to 5,500 police and soldiers to fight La Familia. "The federal government does not ever dialogue, does not negotiate, does not reach deals with any criminal organization," Interior Secretary Fernando Gomez...

Author: /time Magazine | Title: Drug-Dealing for Jesus: Mexico's Evangelical Narcos | 7/19/2009 | See Source »

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