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Proving that function and style can go hand in hand, Head, Rossignol and Dynastar have developed women's skis (some with rhinestones and other flourishes) that run from a few hundred dollars up to $1,000. Today they account for about 10% of the total ski market. But manufacturers say that could very well jump to 50% in the next five years, considering two points: sales of women's ski equipment climbed from $159 million during the 2004-05 season to $175 million last year--a 10% increase--while overall women's ski-related sales jumped an impressive 18%, from...

Author: /time Magazine | Title: Carving a Niche | 1/26/2007 | See Source »

...individuals the top tax rate would drop from 84% to 65%, while for corporations the maximum rate would decline from 52.9% to less than 50%. Total savings: $27.5 billion. The reform will simplify the system by reducing the number of tax brackets from 15 to six. To help make up for the loss in revenue, the plan outlines a new maximum 5% value-added tax, which is similar to a sales tax, and recommends a 20% levy on interest from savings. For the first time in 66 years, interest on small savings accounts would be taxed...

Author: /time Magazine | Title: Taxing Job: Nakasone's crusade for reform | 1/26/2007 | See Source »

...first time in 41 years of K.M.T. rule, an unsanctioned political group, the Democratic Progressive Party, successfully challenged the government. The party, formed only in September, won twelve of 73 open seats in the legislature and eleven of 84 in the assembly. It also captured about 23% of the total vote. Delared D.P.P. legislator-elect Kang Ning-hsiang: "The election proves that we already have a strong base of support. The K.M.T. will find it impossible to ignore...

Author: /time Magazine | Title: Taiwan: A Different Way to Play Politics | 1/26/2007 | See Source »

Gate receipts are not the only reward of touring. According to San Francisco?based Winterland Productions, which handles merchandising for Springsteen, fans at a U.S. concert spend an average of $5 to $6 on souvenirs. Among the items: $15 T shirts, $5 posters and $2 buttons. Total merchandising sales for the last tour were at least $25 million, of which Springsteen is thought to have received more than $8 million...

Author: /time Magazine | Title: The Boss's Thunder Road to Riches | 1/26/2007 | See Source »

...later years, he decreed much of this work "tinny" and claimed a certain estrangement from the daring young actor who had accomplished it. What he seemed to be saying was that he had not yet purified those performances of autobiography, had not yet completed the process of total reinvention that was the largest promise acting held out to him as a young man. Born Archibald Leach in bleak Bristol, England, son of a drinking, defeated father and a mother who was placed in a madhouse when he was ten, he was a lonely, latchkey child, who decided on a life...

Author: /time Magazine | Title: The Acrobat of the Drawing Room: Cary Grant 1904-1986 | 1/26/2007 | See Source »

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