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...Russia, Vedernikov learned that the firm's contract had not been renewed. A Russian institute without Müller-BBM's expertise has been brought in to carry out the work instead - a move to which the music director is vigorously opposed. "When I hear [Moscow Mayor Yuri Luzhkov say] that it is very important to open the theater in 2011, I always think that it is not so important when the theater opens because the reconstruction is very difficult and complex," says Vedernikov. "Instead, in this situation, the quality of what is going to be done is far more...

Author: /time Magazine | Title: Bolshoi Blues: Trouble at the Legendary Theater | 7/20/2009 | See Source »

...possible only in a vibrant creative environment that encourages varying philosophies, something that's rare in the world of Russian theater, with its lingering Soviet ethos. "The Bolshoi Theater actually operates quite well as a theatrical organism. It is not like some other theaters where one man decides everything," says spokeswoman Novikova, making a reference to the Mariinsky Theater in St. Petersburg, which has grown to outshine the Bolshoi under the strong - some say autocratic - hand of artistic director and conductor Valery Gergiev. "In the Bolshoi, we have a structure where everyone has their own responsibility and makes their...

Author: /time Magazine | Title: Bolshoi Blues: Trouble at the Legendary Theater | 7/20/2009 | See Source »

...Business Week is an educated-consumer read: venerable, respected and well reported. Which is to say, in the argot of new media: old, slow and expensive to produce. It has a website, but it still has to unlace the knotty problem facing all weeklies trying to manage themselves into an online future - what does a Web-based weekly look like? How do you get readers to come to you if you're no longer delivered to them? How can you keep the level of journalism high when the income from ads is so low? (Watch an interview with Arianna Huffington...

Author: /time Magazine | Title: Business Journalism: A Vanishing Necessity? | 7/20/2009 | See Source »

...Banks are seeing some light in their trading operations (Goldman Sachs is a star performer in that category), there's more mortgage-refinancing happening, and credit-card problems may be bottoming - all good stuff, say Goldman's strategists. But there's another important reason the earnings for S&P financial stocks are looking better: many of the sickies are gone from the index, including Lehman Brothers, Fannie Mae and Freddie...

Author: /time Magazine | Title: Why Goldman Sachs Is Bullish, Sort Of | 7/20/2009 | See Source »

...Will 3-D supersede plain vanilla snapshots? Probably not, analysts say - but that doesn't mean it won't become a significant business. Many consumers may choose to own both 2-D and 3-D digicams. "Video has shown us there's room for more than one camera in anyone's house," says Gary Pageau, publisher of PMA, an international photography and imaging trade association. "Consumers won't want every picture to be 3-D, but if the results are good enough, they can add it to the pictures they are already taking." Fujifilm could certainly benefit from the extra...

Author: /time Magazine | Title: Fujifilm's New Dimension | 7/20/2009 | See Source »

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