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...sense, there are. China's long economic rise began in the 1980s when the communist government began dismantling inefficient state-owned companies and expanding the private sector, allowing greater scope for unfettered capitalism. But in recent years, the pendulum has begun to swing the other way. Many of China's state-owned enterprises (SOEs) have grown into giants, eclipsing the relatively young, private companies that have contributed heavily to the country's progress. That trend is being reinforced as China implements economic stimulus measures that in practice boost state-owned giants while private companies are left largely to fend...

Author: /time Magazine | Title: Why China's State-owned Companies Are Making a Comeback | 4/29/2009 | See Source »

...1980s, you never made a sandwich when Darryl Strawberry stepped up to the plate. You couldn't keep your eyes off that long, looping swing that sent many moon shots into the right field seats. He even once hit a ball that sailed so high, it struck the roof of Montreal's Olympic Stadium. Strawberry was a near-lock for the Hall of Fame...

Author: /time Magazine | Title: Darryl Strawberry | 4/28/2009 | See Source »

...awful financial prospects and a volatile share price. At the end of the last quarter, Level 3 had $6.3 billion in debt and almost no operating income. The company is constantly trying to restructure its balance sheet, is facing a number of shareholder class action suits, and its shares swing up and down rapidly. In early January, Level 3 traded at $1.49. It dropped to $.57 in mid-March and has nearly doubled since then...

Author: /time Magazine | Title: The Top 10 Stocks for Short Sellers | 4/27/2009 | See Source »

...Other amazements await. On a trapeze swing, the blond Darya Vintilova propels herself out from the apparatus, does two full twirls and catches her legs on the side straps. The unicycle duo (strong Yuri Shavro, supple Diana Aleschenko) perform an apache while wheeling around the stage; then she doughnuts herself around his head. Zhang Gongli stacks four, six, eight chairs, one balanced on another, and does a handstand on the top of the pyramid. Anthony Gatto, a showman with a plethora of panache, tosses and catches seven balls, seven hoops, an alley's worth of bowling pins; he's simply...

Author: /time Magazine | Title: Cirque du Soleil's Clowning Kooza | 4/25/2009 | See Source »

...Served as concertmaster/mistress for your state’s youth orchestra, put some swing in your Saturday night with Classics and Swing: Music of American Composers (Lowell Lecture Hall, 8 p.m., free for prefrosh). Or try to get student rush tickets to the Boston Philharmonic Orchestra’s performance tonight (Jordan Hall in Boston, 6:45 p.m. for pre-concert talk, $8 with high school/college ID). Click here for more info...

Author: By Michelle L. Quach | Title: You Got Into Harvard--What Will You Do With the Rest of Your Night? | 4/25/2009 | See Source »

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