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Want to pay $3,400 for a sterling-silver razor, stand and brush? Believe it or not, there's actually a store for you. The Art of Shaving has 36 outlets around the country, and is set to expand. While sales took a predictable hit during the worst of the recession, perhaps it's a positive sign for the economy that the Art of Shaving's revenues rose 19% during the last quarter of the year. If people will fork over insane amounts of money to properly trim their facial hair - in a New York City store, a razor with...

Author: /time Magazine | Title: The $175 Razor: A Sign of Economic Recovery? | 1/6/2010 | See Source »

...network look like? ESPN 3-D will have its designated space on the dial. However, when a live 3-D event is not playing, which will be most of the time for now, the channel will be dark. You'll need to buy a 3-D-capable television set, get a set-top box from your cable or satellite provider and, yes, grab a pair of glasses. "There will be varying degrees of glasses," says Bratches. "You can buy glasses for 50 cents that look like you're sitting next to Jake and Elwood Blues...

Author: /time Magazine | Title: Will Sports Fans Watch Games on ESPN in 3-D? | 1/6/2010 | See Source »

...Though ESPN is still Disney's cash cow, the 3-D channel will carry significant risks. In addition to added production costs, there's a more crucial issue facing ESPN: whether people are ready to fork over big bucks to upgrade their television sets, just for a few good games. Yes, consumers can expect more 3-D content to be rolled out over the next few months. But will there be enough to justify what could be a $4,000 purchase, in a sticky economy, by the time ESPN 3-D launches? Plus, will the consumers who have already dropped...

Author: /time Magazine | Title: Will Sports Fans Watch Games on ESPN in 3-D? | 1/6/2010 | See Source »

...systems for flagging important information is ongoing, and Obama promised on Tuesday to make public over the "next few days" a summary of the preliminary report on the failures that led to the near deadly Christmas bombing plot. But there is little doubt that a new tone has been set among Obama's senior staff, which through much of 2009 was able to celebrate a number of key intelligence victories that thwarted developing threats in Denver, New York, Texas and Illinois, among other places. In the meeting with his staff, Obama used words that he would not repeat before...

Author: /time Magazine | Title: Obama's Terrorism Postmortem: Still Not Connecting the Dots | 1/6/2010 | See Source »

...Middle East peace process is a lot like a daytime TV soap opera - it has repeated the same dramatic formula for two decades and looks set to continue in the same vein, never reaching a denouement. Word from the region ahead of next week's visit by the Obama Administration's special envoy, the retired Senator George Mitchell, is that the U.S. plans to restart Israeli-Palestinian talks on a two-year deadline for the creation of a Palestinian state. That time frame was immediately dismissed as unrealistic by Israel's Foreign Minister. Skeptics might remember that President George...

Author: /time Magazine | Title: New Mideast Peace Talks: Back to the Treadmill? | 1/6/2010 | See Source »

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