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...business-model problem, not a readership problem." For Business Week, actually, it's a bit of both: the magazine's total audience declined during the first six months of 2009, according to the latest MRI data, while Fortune's and Forbes' grew. Interestingly, in the same period, its website, with the much touted Business Exchange - a business-news aggregator cum social-networking site - increased its readership, usually drawing a little over 5 million unique visitors a month, according to Compete.com. That's not a bad showing, but it's no savior for a weekly magazine that is losing readers...

Author: /time Magazine | Title: Business Journalism: A Vanishing Necessity? | 7/20/2009 | See Source »

...United States and could have a negative impact on California's future economic growth. According to UC officials, the cut in state funding brings the "amount of state investment in the University down to $2.4 billion - exactly where it was in real dollars a decade ago." During the same period, spending on state prisons has more than doubled, to $11 billion. (See pictures of the college dorm's evolution...

Author: /time Magazine | Title: California's Crisis Hits Its Prized Universities | 7/18/2009 | See Source »

...aftermath of the July 17 bombing of two luxury hotels in Indonesia's capital Jakarta, President Susilo Bambang Yudhoyono showed a new face to his nation. The attacks, which came just nine days after his resounding re-election, had deflated what was supposed to be a period of celebration. And so, just hours after suicide bombers struck the JW Marriott and Ritz-Carlton hotels nearly simultaneously, killing at least seven bystanders, Yudhoyono addressed his country in an uncharacteristically emotional speech...

Author: /time Magazine | Title: How the Jakarta Bombers Slipped Through Security | 7/18/2009 | See Source »

...more important, he had faith that his viewers, even in a painfully divided period in history, were sophisticated enough to understand this. What finally distinguished Walter Cronkite, perhaps, was not the trust his audience placed in him. It was that he was a good and wise enough newsman to place his trust in his audience. Read TIME's 2003 interview with Walter Cronkite.Read a TIME article on Cronkite's retirement...

Author: /time Magazine | Title: Walter Cronkite: The Man With America's Trust | 7/17/2009 | See Source »

...other places where smoking was once a national pastime, compliance with the ban is high: 97% in New York City, 98.5% in Italy and 94% in Ireland, according to the U.S-based Global Smokefree Partnership. "There will be a transition period, which lasts several months, while people realize the cultural norm has shifted," says The Union's Ratte. "But we have the example of France to go by. Nobody thought it was possible, but after the cut-off date, the norm changed overnight." (See a video on the end of the French custom of smoking in bars and restaurants...

Author: /time Magazine | Title: Lights Out: Turkey is Next to Ban Smoking | 7/17/2009 | See Source »

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