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...ailing private pension system last week. She's walking a fine line between restoring its health and scaring companies out of the programs altogether. Among the tough measures she has proposed: a 58% hike in insurance premiums that private pension sponsors must pay. The Bush Administration also suggested a seven-year deadline for all pensions to be fully funded and called for even stiffer premiums for companies whose plans are in the worst shape. "A lot of companies are looking to get out of these plans anyway," says Dan McGinn, a pension consultant in Anaheim, Calif. "This might be just...

Author: /time Magazine | Title: Social Security: The Really Troubled Program | 1/24/2005 | See Source »

...over $375 million to buy the Cavs from longtime owner Gordon Gund. Gilbert says he'll do whatever it takes to keep James. Although James says, "I don't want to go anywhere else to play," it will probably take Kobe money, somewhere north of $130 million for a seven-year deal, to make him stay. The city is starving for a winner--Cleveland has gone 41 years without a major pro championship. Now that James is melting defenses with triple doubles, Cleveland, and the NBA, may soon taste glory once again. --With reporting by Laura A. Locke/Oakland and Portland...

Author: /time Magazine | Title: King James | 1/23/2005 | See Source »

Forty-eight years after mankind's first forays into space, the toxic orange haze covering Titan, Saturn's largest moon, has finally been penetrated. Ending a seven-year, 3.5 billion-kilometer voyage, the Huygens probe touched down on Titan last week, giving earthbound gawkers their first glimpse of its icy surface. Early transmissions from the 350-kg probe revealed a smog-shrouded landscape of boulder-strewn plains, winding drainage channels, and dark pools that may contain liquid hydrocarbon. While it remains unclear whether the Huygens data on Titan, which has been likened to a frozen version of early Earth...

Author: /time Magazine | Title: Welcome to Titan | 1/16/2005 | See Source »

...appeared in the films Dude, Where's My Car and Bounce; after 34 months in a Rawalpindi jail for drug smuggling; to Los Angeles. Aude was arrested at Islamabad airport in February 2002 when security agents found 3.6 kg of opium in the lining of his suitcase. His seven-year sentence was commuted when Razmik Minasian, who hired Aude to transport leather goods from Pakistan to the U.S., was arrested in Los Angeles on a drug-smuggling charge and admitted that he had put the drugs in the suitcase lining. On his return, Aude said, "I'm lucky...

Author: /time Magazine | Title: Milestones | 1/3/2005 | See Source »

...results of the seven-year trial - which ended last year and involved several institutions, including the University of Melbourne - are still being analyzed. Researchers want to know two things. The first is whether SEGT improved the women's quality of life by staving off negative feelings and encouraging them to embrace the time they have left. On this level, neither the researchers nor most participants doubt that the therapy works. The more contentious - and intriguing - question is whether cancer patients who undergo SEGT might live longer than those...

Author: /time Magazine | Title: Sisters For Life | 10/27/2004 | See Source »

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