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François Bertrand, head sommelier at the elegant French restaurant Le Gavroche in London, jokes that he agreed to stock 1796 aged rum two years ago because of "the beautiful young Venezuelan marketing rep." But after tasting it, he decided to fool some of his patrons and pour them the rum instead of Cognac. "The cheap nightclub image of rum that had always put them off was changed immediately," says Bertrand...

Author: /time Magazine | Title: Rum Gets Some Respect | 7/5/2007 | See Source »

...Mogel wasn't the only person to discover delay discrepancies. Rep. Jean Schmidt, a Republican from Ohio, did some digging of her own after being delayed on an airport tarmac for two hours in January. Schmidt, who sits on the House Infrastructure and Transportation Committee, was also shocked to find the loophole. In June, she introduced a bill that would require the BTS to record tarmac delays of all flights, regardless of returns to the gate, diversions or cancellations. "I think we need to know what the true picture is of these delays, because it could be underreported...

Author: /time Magazine | Title: Flight Delays: Worse than Reported? | 7/5/2007 | See Source »

...most music released every year is never heard on terrestrial AM and FM radio, with most songs on corporate-owned stations coming from Top-40 and other similar blockbuster acts. As a result, over the past five years Internet radio listenership has grown to almost 30 million, said Ohio Rep. Steve Chabot, the ranking Republican member on the Small Business Committee...

Author: /time Magazine | Title: The Last Stand of Internet Radio? | 6/30/2007 | See Source »

...Rep. Jay Inslee, a Washington Democrat, has introduced a bill that would effectively overturn the CRB royalty rate increase. House Small Business Committee Chair Nydia Velaquez, a New York Democrat, however, maintained that the answer to this dilemma should not be found in Congress and that the parties should try to reach a compromise. SoundExchange, for its part, says that it has offered small webcasters (those with revenues of under $1.2 million) a subsidy that would extend the current, revenue-based agreement until 2010. Yet webcasters, still hoping for a more beneficial outcome, have also petitioned the DC Circuit Court...

Author: /time Magazine | Title: The Last Stand of Internet Radio? | 6/30/2007 | See Source »

...expected to take a hard-line approach. Many Democrats view him as a particularly combative foe who could push for a standoff after Congress sends its spending bills to the President's desk. "They've put the guy in charge who is the Congressional architect of this mess," says Rep. Obey of Nussle. "To me that is a recipe for confrontation...

Author: /time Magazine | Title: A Bush Budget Showdown Brewing | 6/25/2007 | See Source »

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