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Truth to tell, the 401(k) was never intended as a retirement plan. It evolved out of a tax break that Congress awarded to corporate executives in 1978, allowing them to defer part of their salaries and cut their tax bills. At the time, federal income-tax rates were much...

Author: /time Magazine | Title: The Broken Promise | 10/23/2005 | See Source »

Certain canola, cottonseed, sunflower and corn oils could substitute for hydrogenated oils. But they're in short supply, since hydrogenated soy oil is cheap and has long been the industrial standard. Some 85% of the roughly 19 billion lbs. of edible oils Americans consume each year comes from soy. About...

Author: /time Magazine | Title: Target: Trans Fats | 10/16/2005 | See Source »

The five new designs substitute a smooth aluminum surface for the contoured grooves of the classic green-glass bottle. Each model also features a "night mode" and can glow in the dark. Instead of using standard labels, the company printed graphics directly on the aluminum. "For the first time, the...

Author: /time Magazine | Title: Coke's Quest for Cool | 10/14/2005 | See Source »

When I was deciding where to apply to college, one of Harvard’s strongest selling points was its location. In the center of ever-so-liberal Cambridge and just a stone’s throw from Boston, this university is uniquely positioned to take advantage of not one...

Author: By Adam Goldenberg, CRIMSON STAFF WRITER | Title: My Great Escape | 10/12/2005 | See Source »

Just about everyone who owns any kind of digital portable music player owns an iPod. Variants of the Apple device have commanded over 80 percent of the mp3 player market for years, and the line has cachet above and beyond simple numbers: consider, for example, that just about every raffle...

Author: By Matthew A. Gline, CRIMSON STAFF WRITER | Title: iPod therefore iTunes | 10/11/2005 | See Source »

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