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Merchandising matters. O.K., so we've known that for a while. But ever since the over-commercialized Atlanta Games in 1996, host cities have made a big deal of being all about the sports while treating merchandising like a necessary evil. Vancouver proved it doesn't have to be that...

Author: /time Magazine | Title: The Olympics: What London Can Learn from Vancouver | 3/3/2010 | See Source »

New York will have to get used to Grainge this summer when the 49-year-old takes over as head of Universal Music worldwide, the largest record company on the planet with a market share of nearly 29% and such acts in its stable as U2, Lady Gaga, Eminem and...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

Grainge, though, describes himself as "the powerful one." He may not appear on television, but the turn-off-the-lights story is typical of a man who is both fiercely competitive and entertainingly playful. He chases artists signed to other music companies with fervor, personally persuading the Rolling Stones to...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

That comes from a long career working his way up through the London music scene. After leaving school at the age of 18, he started as a runner at a talent-scout company called MPC and says he was so junior he was "getting the secretaries sandwiches." Desperate for a...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

Last year British Prime Minister Gordon Brown raised his country's top marginal rate for income tax to 50% from 40%. This came on the heels of a decision to borrow more than $1 trillion over the next five years, bringing his country's public debt to 79% of GDP...

Author: /time Magazine | Title: How High Could the U.S. Tax Rate Go? | 3/3/2010 | See Source »

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