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...until now, Disney's foray into China has been anything but magical. Its Hong Kong theme park, opened in 2005, has had a bumpy ride due to early missteps and competition - in its first year, attendance fell 400,000 short of an initial 5.6 million target. The following year, the number of visitors dropped to 4 million. To add insult to injury, the company in 2007 discovered an amusement park near Beijing that was filled with knockoff Disney characters...

Author: /time Magazine | Title: Disneyland in Shanghai: A Second Try in China | 11/4/2009 | See Source »

There are also some who see the credit as disruptive to market cycles. Sales and pricing ultimately have to be set organically, not by short-term government subsidies, says Bose George, an analyst at Keefe, Bruyette & Woods. "Pricing has to be determined by how much money people have to spend and the interest rates they have to borrow to buy the home," he says. "The tax credit - while it could help in the short-term - is not meaningful in the longer-term." Says Widner: "It postpones the inevitable reconciliation...

Author: /time Magazine | Title: Should the Home Buyers' Tax Credit Be Extended? | 11/4/2009 | See Source »

Borges, in that haunting short story “The Library of Babel,” imagined the universal library as a dystopia, where “the shelves register every possible combination of the twenty-odd orthographical symbols,” where the availability of all possible books means the reliability of none, and where the librarians spend their days searching vainly for a master catalog which must, by logic, exist somewhere amid the annals of nonsense. I fear for the opposite: a world where finding the proper book is all too easy and simple...

Author: By Charlie E. Riggs | Title: Dream of a Universal Bookstore | 11/4/2009 | See Source »

...That wasn't the message McChrystal delivered in his Aug. 30 assessment, when he declared that "time is of the essence." He repeatedly stressed "the importance of time" and added that "the short-term fight will be decisive." McChrystal wrote that "we must act now to reverse the negative trends and demonstrate progress" and made clear that "time matters." Yet there are now hints that Obama may not make a decision on troops until late November, two months after McChrystal submitted his request. (Read "Is Escalation Obama's Only Choice in Afghanistan...

Author: /time Magazine | Title: Is Obama's Delay on Troops Hurting U.S. Prospects in Afghanistan? | 11/4/2009 | See Source »

...results are not encouraging for Obama: McDonnell, 55, entered election day with a double-digit lead. McDonnell, who campaigned on a platform of job creation and low taxes, may have even greater things ahead: The Virginian-Pilot newspaper has gone as far as to put him on a short list of vice presidential candidates for 2012. (See pictures of the world's reaction to Obama's presidential victory...

Author: /time Magazine | Title: Virginia Governor-Elect Bob McDonnell | 11/4/2009 | See Source »

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