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...rise of the silver spender is not confined to the U.K., of course. The trend is the same across Europe and beyond. Within five years, about one-third of the U.S. population will be older than 50, and consumers in that age bracket currently own 65% of the net worth of all households. But as a commercial company entirely focused on aging consumers, Saga remains unique. The U.S.'s AARP, for example, also sells products and has a magazine, but it's a nonprofit group more interested in public policy and political lobbying. So as businesses look for opportunities...

Author: /time Magazine | Title: The Golden Years Rule | 2/15/2007 | See Source »

...When Faust took over Radcliffe in 2001, the school was still trying to redefine itself after more than a century as a women’s college. Now, the Institute for Advanced Study receives about 800 applications every year for 45 to 50 prestigious fellowship positions. This year, about one-third of the spots are occupied by scientists, engineers, and mathematicians.Venkatesh “Venky” Narayanamurti, the dean of the Division of Engineering and Applied Sciences, said yesterday that he has worked closely with Faust and trusts her leadership.She may not know “the details...

Author: By Lois E. Beckett and Anton S. Troianovski, CRIMSON STAFF WRITERSS | Title: For Historian, A New Focus | 2/12/2007 | See Source »

...same time, the U.S. government has also recently stepped up cooperation with Saudi Arabia, the world's top petroleum producer, to keep the price of oil at around $50 a barrel - nearly one-third below last year's peak - a price level partly intended to help cut the oil bill for American consumers, but also to reduce Iran's petroleum revenues, which last year hit some $44 billion. More broadly, U.S. sanctions have long prevented American companies from dealing with Iran, but recently U.S. officials have been urging European and Asian banks to avoid involvement with Iran as well...

Author: /time Magazine | Title: Terror-Free Investing Aims at Iran | 2/7/2007 | See Source »

...profile of the playwright, which was written with reports from Los Angeles Correspondent Elaine Dutka. Says Henry: "There is a saying in the theater that there's nothing wrong with Broadway three hits won't cure. In any season that Neil Simon brings out a play, the problem is one-third solved...

Author: /time Magazine | Title: A Letter from the Publisher: Dec. 15, 1986 | 1/26/2007 | See Source »

...volunteer project exhilarated Leathers so much that he made it a specialty of his practice. Today six of his associates work fulltime on designing and building playgrounds, which generally go up in four or five days and cost anywhere from $2,500 to $45,000, about one-third the usual price...

Author: /time Magazine | Title: Design: Johnny Appleseed of the Swing Set | 1/26/2007 | See Source »

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