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...Missing Presumed Dead, may seem an unlikely figure to attune companies to the subtleties of sound. But his three-year-old, four-man firm has appeared at a time when businesses are waking up to the full possibilities of all the senses. Two years ago, Muzak formed a partnership with ScentAir, a U.S. firm that specializes in installing inviting aromas in hotels, restaurants and stores. "Instead of asking a customer, 'How does it sound?' when they walk into a business, we're now saying, 'How do you feel?'" says Muzak's Finigan. Shopping psychologist Denison says growing competition...

Author: /time Magazine | Title: Volume Control | 7/12/2007 | See Source »

...share of profits (an interest) as compensation for their work. Compensation, whether the weekly pay of wage slaves or risky executive remuneration like stock options, is usually taxed as regular income at rates as high as 35%. But for reasons having mainly to do with the muddled history of partnership law, carried interest is taxed instead at the 15% capital gains rate...

Author: /time Magazine | Title: Blackstone: Too Rich for Congress | 6/28/2007 | See Source »

...that, the IPO filing revealed a Byzantine operating structure, over which investors holding public shares - technically "units" of the Blackstone partnership - will hold little sway. "When you buy 10 shares of IBM, you don't have much of a voice, but at least there's a democratization of how the organization is structured," says Hamilton. "You're not getting that with Blackstone. What you're getting is, Trust us, we have a good track record." And keep in mind that that track record is from a time when the company didn't have to deal with the constant and short...

Author: /time Magazine | Title: Should You Bet on a Hedge Fund? | 6/27/2007 | See Source »

...easing Israeli security in Fatah-controlled areas, and in the long term by moving toward acceptance of the 2002 peace initiative recently relaunched by the Arab League. Meanwhile, they say, once passions have cooled down, their next move is to encourage Hamas and Fatah to restore their governing partnership. "We will try everything," an Arab diplomat explains. "None of us agrees with Hamas. But they are a political fact that you can't ignore. The Arab position is to encourage Palestinian reconciliation...

Author: /time Magazine | Title: What's Behind the Arab-Israel Summit | 6/24/2007 | See Source »

EBay is going gaga over Google. Less than a year after the two Web giants signed a billion-dollar advertising pact proclaiming a passionate partnership, a lovers' quarrel has broken...

Author: /time Magazine | Title: Google vs. eBay: Round One | 6/15/2007 | See Source »

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