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...Swedish pop group's March 15 induction into the Rock and Roll Hall of Fame and Museum seems weird and unnecessary, as do some of the previous years' additions: Madonna, Joni Mitchell, Run-DMC, James Taylor, Michael Jackson and the Bee Gees. Yes, these are all talented artists. I grew up listening to Michael Jackson; Joni Mitchell appears frequently on my iPod's playlists; and "Stayin' Alive's" opening line, "You can tell by the way I use my walk I'm a woman's man, no time to talk" is probably the most badass use of falsetto...

Author: /time Magazine | Title: Is Abba Really Rock 'n' Roll? | 3/15/2010 | See Source »

...Read: "Can Formula One Run Without Ferrari...

Author: /time Magazine | Title: The Turbulent Times of Formula One | 3/15/2010 | See Source »

...wind tunnel, for example, costs close to $40 million to construct, not counting the corps of engineers needed to run it. Average annual team budgets had climbed near $300 million and the biggest teams spent $500 million. Sponsorship and prize money rarely brought in half that. "Very few of the teams could actually make any money," says Caroline Reid, who co-authors Formula Money, the authoritative guide to F1's finances. (See a brief history of Formula...

Author: /time Magazine | Title: The Turbulent Times of Formula One | 3/15/2010 | See Source »

...lights. In 2008, its first year, the race took in $51 million, but cost $100 million, according to Formula Money. That's O.K. with Singapore. The government kicked in $60 million, leaving the local promoter with a tidy profit. "Singapore wasn't really on the map, and then they run this F1 night race, show it on TV and suddenly everyone knows where Singapore is," says Zak Brown, who runs Just Marketing International, a motor-sports sponsorship agency...

Author: /time Magazine | Title: The Turbulent Times of Formula One | 3/15/2010 | See Source »

...differences with the House in a conference, if the Senate and House would have been able to pass the resulting conference bill, or if Obama - whose aides have suggested they'd much prefer no bill (and a potentially powerful issue they could use to bash Republicans in the run-up to the midterm elections) to a weak bill - would have signed the compromise. And time was a serious factor; Congress probably needs to complete its legislative business before campaign season kicks into high gear in August...

Author: /time Magazine | Title: Why the Dems Need to Hang Tough on Financial Reform | 3/13/2010 | See Source »

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