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...Selling computers is a tough business at the best of times. These are the worst of times - global computer sales slumped nearly 7% in the first quarter of 2009. But PC maker Acer has bucked the trend. According to research firm IDC, Acer's PC shipments rose 10% in the first quarter of 2009 from the same period a year earlier, lifting Acer's global market share to 11.9%, up from 10.1% the year before. In notebook computers - Acer's speciality - the company claimed 17% of the world market in the first quarter, enough to make it the world...

Author: /time Magazine | Title: Storm Riders | 6/15/2009 | See Source »

...puffy and has a gut you could park a Hummer on. Weighing in at a sedentary 220 lb. (100 kg), he's playing a desk jockey burdened by the usual bureaucratic bull plus a scandal that has put his career in the commode. (In the original film, Matthau rarely rose to anger; he was a weary, wily guy, just doing his job. This time it's personal.) And now, on the other end of the line, he's got Travolta, a chatty psychopath who just commandeered an IRT local and wants $10 million, cash, in an hour flat...

Author: /time Magazine | Title: Pelham 1 2 3: Riding into the Past | 6/12/2009 | See Source »

...theory, top-flight European soccer, with its loyal fan base and long-term contracts, should be shielded from the worst of the recession. Indeed, attendance across the big five European leagues - England, France, Germany, Italy and Spain - rose 2% in the season just finished. And German and English clubs will all enjoy new and improved broadcast deals in the coming two seasons. But that's not to say the downturn doesn't throw up stiff opposition. "Beyond that very affluent, élite core," says Chadwick, "the mood of austerity is still very, very strong...

Author: /time Magazine | Title: Recession? Spanish Club Pays $130M for Ronaldo | 6/11/2009 | See Source »

...often a harbinger of good things to come. Yes, an uptick in interest costs can slow a galloping economy. But in recessions, like we are in now, higher interest rates usually signal better economic times ahead, not worse. For instance, the yield on the 10-year government bond rose nearly 20% in November 2001 - the last month of that recession. Indeed, many economists believe the rise in interest rates now signals a return to normal, and not a sign that we are in for more trouble...

Author: /time Magazine | Title: Why Rising Interest Rates May Be a Good Sign | 6/10/2009 | See Source »

...says that it still respects the science, but is mindful of the public reaction to the pandemic-alert phases - perhaps even more so after the global media went into spasms after the level rose to 5 on April 29. There are, of course, real dangers to a panicked reaction, beyond the assault of tabloid headlines. When people panic about a new disease, they start flooding the hospitals even when there's nothing wrong with them - a phenomenon carried out by the "worried well." They suck up limited resources from patients who are really sick from the virus - or are sick...

Author: /time Magazine | Title: The H1N1 Flu: Is This a Pandemic, or Isn't It? | 6/10/2009 | See Source »

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