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Where nap facilities are provided, sleep experts say, most employers offer them mainly as a perk to retain workers; the productivity and health benefits are often an afterthought. In the offices of Kaye/Bassman, a corporate headhunting firm in Dallas, a spiffy new relaxation room features $4,500 massage chairs, headphones and a four-way dimmer for the lights. CEO Jeff Kaye says he installed the room primarily as a fun reward for his employees, but he also sees the benefits for productivity. "After a stressful negotiation, people need to unplug," he says...

Author: /time Magazine | Title: A Place for the Power Nap | 7/6/2006 | See Source »

...fiscal mess, investing abroad is a good idea. Try to avoid inflation-sensitive investments, like long-term bonds, and other potential traps, including waiting to withdraw your 401(k) balances until after tax rates have risen. You may also want to purchase real estate, commodities and collectibles that should retain their purchasing power over time. Borrowing at what are still very low long-term interest rates and investing in U.S. inflation-protected bonds may also make sense...

Author: /time Magazine | Title: The Time to Plan Is Now | 7/2/2006 | See Source »

...Macquarie spokesman declined to comment on the bid, but the bank is eagerly exploring ways to get the deal done. Macquarie has reportedly offered to allow China Netcom to retain up to 50% of the restructured assets of PCCW. Meanwhile the bank is looking for partners. Star Group, an Asian broadcasting subsidiary of Rupert Murdoch's News Corp. media conglomerate, was considering joining Macquarie's bid?even though Murdoch himself expressed doubt that the deal would succeed. China is "treating Macquarie as hostile invaders," Murdoch told The Australian newspaper, which News Corp. owns. "It would be an amazing achievement...

Author: /time Magazine | Title: Eyes on the Prize | 7/2/2006 | See Source »

...marked by wonder at exotic sights and sounds, from the "laundry strung on bamboo poles" and "rattan birdcages" to the smells of "dried oysters, clove hair oil, joss, [and] tiger balm" in the streets of Hong Kong. But politics are inescapable and an expatriate's distance increasingly difficult to retain. Their father, a photographer at TIME magazine assigned to cover the Vietnam War, has moved to Hong Kong from New York with the idea that, "Hong Kong would be safer than Saigon; an old-fashioned British enclave." He and his family soon find that nowhere is safe. The girls hear...

Author: /time Magazine | Title: The World In Between | 6/26/2006 | See Source »

...Pakistani officials say that Bugti and the others are desert relics, feudal lords willing to sacrifice their men in battle and delay progress, just to retain their power. Bugti says that a deeper issue of autonomy as at issue. "We Baluch believe that the best way to die is to die fighting," says Bugti. "Are we Baluch the masters of our own destiny? Because if that's taken away from us, then life doesn't really matter...

Author: /time Magazine | Title: Pakistan's Other War | 6/19/2006 | See Source »

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