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...Torrential rain wiped out the grand opening of this year's U.S. Open on Thursday, and the USGA will be poorer for it. Although 42,500 tickets were already sold for the first day of play, many stayed away because of weather, and those that showed up weren't milling about buying hamburgers. "It stinks," says Bevacqua. "We lose the revenue from food and merchandising, and it costs us more money to restore the golf course. Bad weather takes its toll on us." Merchandising and food make up about 30% of the USGA's revenues from the Open, and when...

Author: /time Magazine | Title: Golf Rage: First Recession, Now Rain at the U.S. Open | 6/18/2009 | See Source »

...What's even worse, this Open was supposed to have significant recession-fighting qualities. The location is advantageous - Bethpage Black is just a par-5 from New York City, a ravenous sports market whose economy hasn't completely crashed. The fans would be loud and ready to spend. Also, terrific story lines were going to amp up even more interest - Tiger Woods, who got through six holes on Thursday and was one over par, trying to repeat as U.S. Open champ; New York fan favorite Phil Mickelson playing in his first major since his wife was stricken with breast cancer...

Author: /time Magazine | Title: Golf Rage: First Recession, Now Rain at the U.S. Open | 6/18/2009 | See Source »

...slightly inebriated fan spoke for many outside the U.S. Open merchandise tent. The USGA waited until nearly 2 p.m. to officially call off golf for the day, even though there was a better chance of Tiger Woods signing autographs than the weather clearing up. "Make us stand out here all day in the [expletive] rain, but sure, we can go buy something," he shouted. That drunk guy might have been the loudest complainer. But at this year's U.S. Open, he surely won't be the last...

Author: /time Magazine | Title: Golf Rage: First Recession, Now Rain at the U.S. Open | 6/18/2009 | See Source »

Marchionne has no such regal aspirations. He doesn't even own a soccer team. He's not a flashy dresser, sporting casual, open-necked shirts and spending his free time quietly with family by Lake Geneva. He's at the firm to manage Fiat, not rule it. "My job as CEO is not to make decisions about the business but to set stretch objectives and help our managers work out how to reach them," he wrote. It worked at Marchionne's previous job, as head of a Swiss inspection and verification company called...

Author: /time Magazine | Title: Chrysler's Sergio Marchionne: The Turnaround Artista | 6/18/2009 | See Source »

...more flamboyant Mousavi supporters, who were draped in green. At one point, an Ahmadinejad supporter stuck his head out the window of his car and sang a lullaby, "Mousavi - lai, lai," in response to the students chanting "Ahmadi - bye, bye." The students laughed. It was as if someone had opened a door and an entire country had spilled out. It was possible to believe, for a moment, that these genial young people, from both sides, might be creating a new, more open Iran for themselves...

Author: /time Magazine | Title: Joe Klein: What I Saw at the Revolution | 6/18/2009 | See Source »

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