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...with as little as a day's notice. The World, a yacht that serves as a floating condominium building, lets out its staterooms for six-day cruises. In New York City, where socialites appear?and are photographed?at several galas or events each week, Wardrobe, a couture-gown rental shop, helps them solve the vexing question of what to wear. Skis, artwork, yachts?why buy when it's easier, and often more practical, to rent...

Author: /time Magazine | Title: The Leasing Life | 2/27/2007 | See Source »

...number of the Founders were struck at how open Branson and the legendary aircraft designer Burt Rutan have been, inviting them to Rutan's closed shop out in the Mojave Desert, to the Virgin Galactic launch in New York, and yes, to Branson's private island. "Richard can carry on research until 2012 as far as I'm concerned. It's such fun," says John Goodwin, a 62-year-old retired candy wholesaler from England, who talked while his fellow travelers played tennis in the rain. Goodwin had visited Rutan's workshop. "There he is, answering your questions...

Author: /time Magazine | Title: Would You Pay to Go Into Space? | 2/23/2007 | See Source »

...counter (OTC) market, a reference to exchanges abroad that provide an arena for trading small stocks. But unlike OTC bourses elsewhere, Vietnam's market has no licensed brokers, virtually no regulatory oversight, and trades often culminate with the exchange of cash for paper shares at a local tea shop. Think of it as an amorphous eBay for speculators, an ad hoc gray market that sprouted spontaneously from the pent-up desire among the Vietnamese to cash in on the country's economic boom. "It's the Wild West," says Noritaka Akamatsu, the World Bank's lead financial economist in Hanoi...

Author: /time Magazine | Title: Vietnam's Market Madness | 2/22/2007 | See Source »

...that sometimes land on all fours. Sometimes not. The Pixel, made for one, is a platform atop four tanks of fuel (liquid oxygen and ethanol). He's not strapping anyone in yet, right? "Funny you should say that," he says, picking up a motorcycle saddle at his Armadillo Aerospace shop one evening. "It goes on top of the electronic box over here. We did a parking-lot flight a couple of years ago and roughed up one of our earlier vehicles." Not to worry, he says jokingly: there will be a glass top over the saddle seat. At least...

Author: /time Magazine | Title: The Space Cowboys | 2/22/2007 | See Source »

...contrast, Carmack, 36, says he is just a computer guy who got bored and taught himself rocket science. Yet in aerospace circles, the gamer and head of id Software is respected for doing results-oriented rocketry work on little dime. His shop in a suburban Dallas business complex looks like something out of Star Wars--Watto's junk shop on Tatooine, to be precise. Carmack takes you first to see his graveyard of old projects to explain his philosophy: Fly a whole lot, and learn where the gotchas are. He admits that he would like to go to the moon...

Author: /time Magazine | Title: The Space Cowboys | 2/22/2007 | See Source »

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