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...economic news continues to be pretty bleak. Jobless claims rose to their highest levels in a year last Thursday, marking their 10th straight week above 400,000. In recent weeks, cash-strapped states and cities across the country have announced new taxes and painful spending cuts for police, schools and other government services. And despite the war's end and the gradual restoration of order in Baghdad, the Dow has not spiked as some had hoped. Though there are flecks of good news, such as an unexpected rise in purchases of big-ticket items, the grumpy economy is still Bush...

Author: /time Magazine | Title: Taking Aim At 2004 | 5/5/2003 | See Source »

Pollack was found when authorities started to trace people who may have been exposed to Tse. By that time he was already on his way back to Scarborough Grace with a burning fever. Pollack was isolated, but the E.R. staff apparently didn't check his wife Rose, 73. She was getting sick too. (Both would soon die from SARS.) When she took her husband into the E.R.'s waiting room, she sat near a man who was accompanied by two sons; all three were members of the 500-strong Toronto chapter of a largely Filipino Roman Catholic group, the Bukas...

Author: /time Magazine | Title: Tale Of Two Countries | 5/5/2003 | See Source »

...help navigate the brave new digital world. The administration promptly laid off 1,800 employees (20% of EMI's staff), which helped absorb the impact when sales fell 10% in 2002--and created an executive position, global head of antipiracy. It also brought in executive vice president John Rose, an e-commerce ace from consulting firm McKinsey. "The fundamental premise of hiring someone like me," says Rose, "is that this industry needs to be re-engineered." Since last summer, EMI has been holding weekly three-hour lunch meetings with artists, managers, agents and lawyers, a dozen at a time...

Author: /time Magazine | Title: It's All Free! | 5/5/2003 | See Source »

...what it has to look like, and for the business side, that's the real significance of the digital revolution. "It's not piracy per se but a transition to a digital world that will transform what a record company is and how it works," says EMI's Rose. "While downloading is an important issue, it's just symbolic of a much more fundamental shift in how music will be moved and acquired by consumers and be used...

Author: /time Magazine | Title: It's All Free! | 5/5/2003 | See Source »

...role worthy of his baritone. Gypsy, last revived in 1989 with Tyne Daly, is about to return once again, primarily so that leading Broadway baby Bernadette Peters can continue to have gainful employment. Expect some critical carping about whether she's right for the brassy role of Mama Rose--but is there a more risk-free idea on all of Broadway...

Author: /time Magazine | Title: Who Needs Revivals? | 5/5/2003 | See Source »

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