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...BusinessWeek.com's editor in chief John A. Byrne wrote, "What newspapers and magazines are going through right now is a business-model problem, not a readership problem." For Business Week, actually, it's a bit of both: the magazine's total audience declined during the first six months of 2009, according to the latest MRI data, while Fortune's and Forbes' grew. Interestingly, in the same period, its website, with the much touted Business Exchange - a business-news aggregator cum social-networking site - increased its readership, usually drawing a little over 5 million unique visitors a month, according to Compete.com...

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

...Marriott and Ritz-Carlton, which are located next door to each other, were reputed to have tight security, in part because of the previous hotel attack six years ago. Metal detectors were stationed at the entrances, while at the Marriott vehicles were not allowed to pull up to the lobby. On occasion, security guards opened the luggage of entering guests. But the terrorists were able to somehow evade the security measures by smuggling in bomb materials. On Saturday, a police spokesman said that one bag carrying the July 17 bomb materials had set off a metal detector but that security...

Author: /time Magazine | Title: How the Jakarta Bombers Slipped Through Security | 7/18/2009 | See Source »

...food, and my family will sit and watch me eat until I've finished every last bite. “Nimesheba”—“I'm full”—is a foreign concept to them. So, I will once again eat six chapati a day and pray that my digestive system can hold...

Author: By Kate Leist | Title: Taste Test | 7/17/2009 | See Source »

Middle America's favorite anchor was born in St. Joseph, Missouri, and as he recalled in his memoir A Reporter's Life, he developed a taste for reporting and news analysis early. While living in Kansas City at age six, he ran to a friend's house with a newspaper story about the death of President Warren Harding. "Look carefully at that picture," he told his friend. "It's the last picture you will ever see of Warren Harding." With typical self-deprecation, the elder Cronkite wrote: "I record it here today to establish my early predisposition to editorial work...

Author: /time Magazine | Title: Walter Cronkite: The Man With America's Trust | 7/17/2009 | See Source »

...Nevertheless, now that the parliament has backed the E.U. bid, Iceland's application is expected before the end of July. The European Commission could rush through an official positive opinion in six months, which would make Iceland a formal candidate by early 2010. The actual entry talks could take another year, or two. At the same time, Iceland would have to amend its constitution. (See a video on Iceland's financial collapse...

Author: /time Magazine | Title: Iceland's Urgent Bid to Join the E.U. | 7/17/2009 | See Source »

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