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...this puts a cloud over Ticketmaster's merger plans. "I think [the merger] would be a catastrophe for the entertainment business," said Representative Bill Pascrell, a New Jersey Democrat who demanded congressional hearings into the matter. "Given Ticketmaster's recent mishandling of Bruce Springsteen's tour and other shows, it is clear that this company's questionable business practices warrant sharper scrutiny." Earlier this week, the Congressman introduced a bill, named the Boss Act, that calls for ticketing companies to disclose how many tickets are being withheld in primary public ticket sales and a 48-hour waiting period before tickets...

Author: /time Magazine | Title: Ticketmaster, Live Nation: Obama's Antitrust Test | 6/10/2009 | See Source »

...turbulent times, instrument valuations have very little correlation with indexes like the S&P 500. That's valuable for anyone looking to hedge against the rampant swings of the stock market. In a recent study in the international journal Pensions, R.A.J. Campbell suggests that pension funds consider adding top instruments to their portfolios to diversify their risk. "Violins are much less volatile than art," says Graddy, who co-authored a paper called "Fiddling with Value: Violins as an Investment?" While the Mei-Moses Fine Art Index was down 35% in the first quarter of 2009, prices for top instruments showed...

Author: /time Magazine | Title: String Theory: Investing in High-End Violins | 6/10/2009 | See Source »

...Shin Dong Hyuk, a 27-year-old who is reportedly the only living former prisoner to escape a North Korean prison camp, also wrote a recent book about his experiences, Escape to the Outside World. Shin says he was born and raised in a camp about 55 miles north of Pyongyang and like many prisoners witnessed routine atrocities, including the execution of both his mother and brother. Before his escape in 2005, Shin was tortured at least twice, once for accidentally dropping a sewing machine in the garment factory where he was forced to work at the camp. He also...

Author: /time Magazine | Title: North Korea's Grim Prisons: What Awaits the U.S. Journalists? | 6/9/2009 | See Source »

...drones, the Taliban has resorted to its own innovations. When the militants ruled in Afghanistan, it was common to find spools of discarded cassette tape hanging from tree branches as a warning against banned pop music. They've since devised more lethal uses for the recording medium. After a recent roadside bombing of an American convoy in Ghazni province that killed three Afghan police officers, streams of tape were found ahead of the blast crater. The reflective quality of the tape, soldiers said, had allowed militant spotters to be forewarned of the arrival of enemy forces and to time...

Author: /time Magazine | Title: Roadside Bombs: An Iraqi Tactic on the Upsurge in Afghanistan | 6/9/2009 | See Source »

...none of that puts Brown in the clear. According to a poll published Tuesday in Britain's Independent newspaper, the opposition Conservatives - consistently double-digits ahead of Labour in recent opinion polls - would nonetheless fall six seats short of a majority in any general election with the genial Johnson as Labour's P.M. With Brown still at the helm, the Tories would romp home 74 seats to the good. More evidence of that nature - or defeat in either of the two tricky by-elections Labour faces in the coming months, following the resignation of a pair...

Author: /time Magazine | Title: Britain's Brown Keeps Job, But Problems Remain | 6/9/2009 | See Source »

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