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...paper, the Boyle movie's odds of taking four top awards at the Globes were about the same as a poor kid's winning a bundle - and ultimately, the love of his life - by answering tough questions on the Indian edition of Who Wants to Be a Millionaire? But the film played to rapturous crowds at the Toronto Film Festival; it received infectiously enthusiastic reviews from the critics; and, most important, it boasts an emotional energy that lifts moviegoers out of their seats, making them eager to tell their friends about the experience. Slumdog is not a standard indie film...

Author: /time Magazine | Title: The Golden Globes Go to the Dogs | 1/12/2009 | See Source »

...needed, of how far Italy's national carrier has fallen. On flights during the 1960s, stewards used to display the prized (though necessarily small) works by such painters as Futurist avatars Giacomo Balla and Gino Severini for the pure aesthetic pleasure of its passengers; these days, a reputation for poor service is part of what has driven the company to the brink of collapse...

Author: /time Magazine | Title: Why Air France-KLM Bought 25% of Alitalia | 1/12/2009 | See Source »

...Companies, historically, have made a deliberate decision to hold equities in pursuit of superior investment performance, and in some years that has worked. But this year, "it's gone wrong, and spectacularly so," says Adrian Hartshorn, a principal in Mercer's financial-strategy group. In 2008 the Standard & Poor's 500 index declined...

Author: /time Magazine | Title: Pension Losses Could Whack 2009 Corporate Profits | 1/12/2009 | See Source »

Thirty years ago Muhammad Yunus, the founder of the Grameen franchise, started lending small sums to poor entrepreneurs in Bangladesh to help them grow from a subsistence living to a livelihood. His great discovery was that even with few assets, these entrepreneurs repaid on time. Grameen and microfinance have since become financial staples of the developing world, but by coming to the U.S. Grameen is taking on a different sort of challenge: one of the planet's richest countries. Yes, money may be tight in the waning recession, but this is still a nation of 100,000 bank branches...

Author: /time Magazine | Title: Can Microfinance Make It in America? | 1/11/2009 | See Source »

...Harvard men’s hockey team (4-11-3, 4-6-3 ECAC) could not stop Yale from maintaining its undefeated ECAC record, as poor fundamentals and a lack of focus led to a 6-2 loss against a tough Bulldogs (11-4-0, 6-2 ECAC) squad on Saturday night at Bright Hockey Center.With Harvard’s 1989 team back in Cambridge to commemorate the 20th anniversary of the Crimson’s last NCAA Championship, three Bulldog goals within the first 10 minutes of the opening period put the game out of reach.Yale...

Author: By Robert T. Hamlin, CRIMSON STAFF WRITER | Title: Yale Contributes to Harvard's Woes | 1/11/2009 | See Source »

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