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...Chicago Symphony Orchestra has endured a 19% endowment drop, from $229 million last June to $185 million for this May. It's been about six years since Chicago's endowment has sunk so low, according to the orchestra's president, Deborah Rutter. But ticket revenues were actually higher this year compared to last. Though advance sales for the coming season are down 4%, Rutter is optimistic. The Chicago Symphony is among the lucky few that have yet to toy with thoughts of closing...

Author: /time Magazine | Title: Arts Groups in Tough Times Think Locally | 7/24/2009 | See Source »

...just sunk over $20 on a (lame) club’s cover and a single drink (and God knows what in future dry-cleaning/medical expenses from the ubiquitous cigarette smoke/deafening reggaetón beats). Public transportation suddenly sounded delightful...

Author: By D. PATRICK Knoth | Title: Going To The Dogs | 7/14/2009 | See Source »

...Kemfert says that public opinion still makes it impossible to build new nuclear plants in Germany, but advocates extending the life of newer plants for 40 to 50 years. "We have already spent $55 billion on them," she says. "Rather than having a sunk investment, we can use them as a bridge to buy time while we work on cleaning up coal, which provides 50% of electricity in Germany...

Author: /time Magazine | Title: Nuclear-Power Debate Reignites in Germany | 7/9/2009 | See Source »

...direction and drink Drank to come down? We know beer and wine will relax us, but how exactly are these weird chemicals in a purple can altering our body chemistry? On the flip side, the Drank concept taps into the dominant trend in the beverage industry. Cola sales have sunk as people move to functional drinks that promise to hydrate you, focus you, give you a boost and perhaps calm you down. "Consumers want the added benefit," says Tom Pirko, president of Bevmark LLC, a consulting firm. "If you're a new player, the label on the can better send...

Author: /time Magazine | Title: The Anti–Red Bull: A Drink to Calm You Down | 5/18/2009 | See Source »

...Crist was rumored to be on John McCain's 2008 short list for Vice President. Persistent rumors that he is gay - reiterated in the recent documentary "Outrage," which purports to decloset several prominent Republicans - may have sunk his chances. Crist insists he is straight, but his December 12, 2008 marriage to Carole Rome was widely viewed as politically expedient. He is often mentioned as a possible Presidential contender...

Author: /time Magazine | Title: Florida Governor Charlie Crist | 5/14/2009 | See Source »

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