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...hordes of fans who had waited days in line for the opportunity to get a first look. Those showings grossed $7 million. Episode II grossed $6.2 million during its opening midnight screenings and Episode III scored an astounding $16.5 million. The final Lord of the Rings movie, The Return of the King earned $8 million at midnight screenings. Each of those films drew long lines of moviegoers (including an absurd incident in which Star Wars fans lined up for a month and a half prior to the release of Episode III outside Grauman's Chinese Theater, despite the fact that...

Author: /time Magazine | Title: Dark Knight: Lines, but Not for Tickets | 7/17/2008 | See Source »

...Possibly - but SWFs may want better deals. In the first round of recapitalization, SWFs took small (less than 10%) stakes in financial giants including UBS and Citigroup by purchasing preferred or convertible shares without voting rights. In return, the funds got fairly high interest payments and the chance to buy into institutions at what they thought were cheap prices. They've since suffered losses on the order of 30-50%. SWFs might be wary of coming back for more unless they get more control, along with greater opportunities for synergies between Western banks and their own domestic financial systems...

Author: /time Magazine | Title: Investing: That Sinking Feeling | 7/17/2008 | See Source »

...much for going gently into that good night. Four months after a tearful press conference that left an entire state of Cheeseheads in mourning, storied Green Bay Packers quarterback Brett Favre announced he wants to return from retirement. The only problem: the Packers might be ready to wrap up his legacy, even...

Author: /time Magazine | Title: A Brief History Of: Un-Retirement | 7/17/2008 | See Source »

Favre, 38, is certainly not the first athlete to flip-flop on bidding farewell to his game. Pitcher Roger Clemens, the king of comebacks, has retired a total of three times. Lance Armstrong left cycling in 1996 to battle cancer and returned to win seven consecutive Tour de France titles. Other stars have re-emerged to save a struggling franchise, like Michael Jordan, who proclaimed his 1995 return to the Chicago Bulls after a failed bid at pro baseball with a two-word press release: "I'm back." The deathless Rocky franchise aside, the "sweet science" seems to specialize...

Author: /time Magazine | Title: A Brief History Of: Un-Retirement | 7/17/2008 | See Source »

...told that though his club had previously not needed a license, he now had to apply for one and could not stage any shows until he received it. He hopes and expects that such stringency is temporary and that when the Olympics have come and gone, things will return to normal. "I can't wait until they're done," he says with a sigh...

Author: /time Magazine | Title: Beijing's Revolution | 7/17/2008 | See Source »

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