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Much of Nokia's emerging market dominance boils down to cost management - a crucial advantage when it comes to selling smart phones to price-sensitive consumers in India and elsewhere. Nokia will likely ship more devices worldwide this year than the next three biggest cell-phone makers - Korean rivals Samsung and LG, and London-based Sony Ericsson - combined. Manufacturing on that scale brings enormous purchasing power, making it possible to squeeze the cost of everything from memory chips to plastic casings...

Author: /time Magazine | Title: Nokia Calling | 8/3/2009 | See Source »

...that many energy experts deride as a permanent pipe dream. Another House bill would have the Energy Department spend $30 million a year for five years on natural-gas vehicles, even though the Obama Administration hasn't sought the money and few experts believe natural gas is a smart fuel. (Watch TIME's video "The Truth About Wind Power...

Author: /time Magazine | Title: Clean Energy: U.S. Lags in Research and Development | 8/1/2009 | See Source »

...thing about the people Apatow mentors is that they're all men. His films are about men growing up and men helping men grow up and men being just shy of gay as they tease one another about being gay as they help one another grow up. There are smart, successful women in the movies, but other than his wife, they never join the troupe. "We're all really uncomfortable around girls, for the most part," says Rogen. "I imagine that has something to do with it." This annoys a lot of critics, male and female, as well as some...

Author: /time Magazine | Title: Taking Judd Apatow Seriously | 7/30/2009 | See Source »

...seriously delinquent on their payments later catch up. A big deal has been made of the redefault rate - the high number of borrowers who wind up missing even modified payments - but the new finding about the large percentage of loans that "self-cure" indicates that servicers might actually be smart to delay rewriting many loans, since chances are they won't ultimately lead to foreclosure anyway. On top of that, servicers charge substantial penalty fees when loans are in delinquency or default - a source of revenue that goes away if a homeowner gets back on track...

Author: /time Magazine | Title: Why the Banks Aren't Modifying Home Loans | 7/30/2009 | See Source »

...rustic guesthouse remains at the heart of what has become a fully fledged eco-resort, with a village of smart, self-catering villas, added in 2007, hugging a mountainside nearby. Facilities include the aptly named Lost World Spa, a heated plunge pool, a games room, a lounge and a library, but O'Reilly's is above all a rambler's paradise, with stunning bird-watching and rainforest walks. When British broadcaster and naturalist David Attenborough sought ancient Antarctic beech trees and satin and regent bowerbirds to film for his acclaimed 1979 series Life on Earth, he went to the vast...

Author: /time Magazine | Title: The Luck of O'Reilly's Rainforest Retreat | 7/29/2009 | See Source »

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