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...party held on Miami's South Beach that ranked among the best of the pre-Super Bowl bashes: "One section of the beach was furnished with couches and upholstered chairs arranged in front of a stage with a steel drum band and Latin dancers gyrating on platforms. Just to one side, chefs churned up paella with shovels...In another cabana, they were handing out Super Bowl commemorative Crocs-blue with orange or orange with blue, all gratis. The party felt busy, but there was never a line, whether it was for the roast pig at the savory station, the decadent...

Author: /time Magazine | Title: Behind the Scenes at the Super Bowl | 1/29/2009 | See Source »

...owner of UFS, a discount store here, says customer foot traffic has remained steady, although average sales are down 10% from a year ago. Because fewer people are buying homes, there's less of a need for appliances. The handful of folks buying refrigerators are trading down from stainless steel to the less expensive "stainless mist," which, Serafin says, "looks almost like stainless steel...

Author: /time Magazine | Title: Caterpillar Layoffs: How They're Playing in Peoria | 1/29/2009 | See Source »

...Caterpillar is the ultimate hardware maker, fashioning massive steel earthmovers in vast factories that spark and clang, Microsoft, which recently announced its first serious job cuts, is the behemoth of software, silently manipulating ones and zeros. Worlds apart, they've come together in the layoff business. Whether a company chops trees (Weyerhaeuser) or prices (Target), whether it sells Lipitor (Pfizer) or lumber (Home Depot), whether it services oil rigs (Baker Hughes) or cell phones (Sprint Nextel), job one is cutting payroll...

Author: /time Magazine | Title: The Moment | 1/29/2009 | See Source »

...Venice's most significant break with tradition is the new bridge across the Grand Canal. Designed by Spanish architect Santiago Calatrava, Constitution Bridge - which connects Santa Lucia rail station and the Piazzale Roma bus terminal - caused controversy at first. Now, however, its swooping glass-and-steel curve has become the signature of a city that knows how to have...

Author: /time Magazine | Title: Venice's Party Colors | 1/28/2009 | See Source »

...impose some regulations in the name of public safety, such as a curfew, although no specific regulations were in the works. He and other officials, however, said they were not yet willing to ask for help from the National Guard, as some residents suggested. Coatesville was once a thriving steel town, before the Lukens Steel Co. was bought by Bethlehem Steel in 1997. Bethlehem went bankrupt in 2003, taking with it the pensions of many Coatesville residents. The local steel facility is now run by Arcelor Mittal and employs only a fraction of the total staff Lukens...

Author: /time Magazine | Title: Who Is Setting Fire to Coatesville? | 1/27/2009 | See Source »

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