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Birthday Bonus. OpenSkies, the luxe airline that flies from New York's JFK to Paris and Amsterdam, is celebrating its first birthday by giving away a business class ticket per day for the next year. Each month, through May 2010, OpenSkies will pick 30 winners from a different birth month. (Confusingly, in June, people who were born in October are eligible to win.) To enter the lottery, register here by June 19. Or, take advantage of a sure thing: OpenSkies has a sale on Biz class seats through June 30, with $550 one-way fares to Paris...

Author: /time Magazine | Title: Quintessential Summer: 8 Outdoor Getaways | 6/9/2009 | See Source »

...runs the restaurant, is an award-winning baker. Other foodie gems: sushi restaurant Fin (27 Housatonic Street; 413-637-9171), which serves only sustainable seafood, and across the street, Scoop, which dishes out ice cream made with milk from local dairy cows. Rates at the Gateways start at $160 per night, including breakfast. 51 Walker Street, Lenox...

Author: /time Magazine | Title: Quintessential Summer: 8 Outdoor Getaways | 6/9/2009 | See Source »

...have had before submitting their capital plans has in general shown that the banking industry is stronger than many thought. Banks were able to raise capital in May and early June with surprising ease. Selling new shares usually makes a company's stock price go down because the earnings-per-share pie gets cut up into more slices. But many of the banks have been able to raise cash and have their stock price continue to rise. J.P. Morgan, for instance, raised $5 billion in May, yet its stock price rose 14% over the course of the month. All told...

Author: /time Magazine | Title: Banks Hand in Their Stress-Test Plans Today | 6/8/2009 | See Source »

When Paddle Surf Hawaii started in July 2006, Chambers would sell two or three boards out of his garage each month. Today, after his business grew 900% between 2007 and 2008, the boards are shipped by the container load. Chambers sells about 1,000 per month, including more than 150 a month out of his central Oahu shop. Chambers, who lost 40 lbs from stand-up paddle surfing, says, "We can't expand fast enough. We can't even supply everybody." (See pictures of a preppy summer vacation at LIFE.com...

Author: /time Magazine | Title: What's SUP? A Surf Sport That Needs No Ocean | 6/8/2009 | See Source »

...With oil prices reaching a peak of $160 per barrel during his presidency, Ahmadinejad's government has collected about $280 billion in oil income over four years, as much as his predecessors did in their cumulative 16 years in office. He has used some of that money to distribute cash handouts across Iran to facilitate loans to lower-income families, provide housing subsidies and raise wages and pensions for government employees. "My parents are both retired teachers, and yet they could barely sustain our household of seven," said an enthusiastic Amin Kazemi, a 19-year-old student of software engineering...

Author: /time Magazine | Title: Iran's Election: Rallies Reveal a Stark Contrast | 6/6/2009 | See Source »

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