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...appeared to be engaged in a contest to decide who could bash their home country the hardest. Rogers called China "the next great country of the world," while comparing a debt-burdened America to the failed British Empire. Daley lambasted American economic policy as ill conceived and out of touch. Rogers warned his listeners against a declining U.S. dollar; Daley said the U.S. consumer, who has been the world's most important, was spent as an economic force. The severity of the criticism became so uncomfortable that one Chinese audience member took hold of a microphone and said...

Author: /time Magazine | Title: American Lament | 10/12/2009 | See Source »

...getting traction is that competition is driving down prices. Amazon has cut the price of the Kindle by $100 over the past six months, to $259. As e-readers proliferate and price disparities narrow, manufacturers are trying to differentiate their products by adding features such as MP3 players and touch screens. The eSlick by Foxit, based in Fremont, Calif., allows users to listen to songs while reading. Asustek recently unveiled a prototype e-reader with two screens, which would more closely duplicate the traditional reading experience, although the device that the company expects to release later this year will have...

Author: /time Magazine | Title: Kindle Killers? The Boom in New E-Readers | 10/11/2009 | See Source »

...there's the looming threat posed by next-generation tablet computers. Apple, the king of cool handheld devices, is rumored to be readying a tablet computer with all the functions of a laptop as well as iPhone-like touch capabilities for release early next year. Microsoft has been secretive about its plans for a tablet, but a video making the rounds of the blogosphere show a dual-LCD-screen prototype that closes like a book. "E-readers are a transitional technology," says Rotman Epps of Forrester Research. Which means that just as the e-reader is taking...

Author: /time Magazine | Title: Kindle Killers? The Boom in New E-Readers | 10/11/2009 | See Source »

...that "making peace with nature," like making peace between ideological enemies a generation ago, is a "a logical sequence to Arias' career." But with little more than a year to go in his second, environmental presidency, a growing number of Ticos feel Arias still needs to get more in touch with his inner frog...

Author: /time Magazine | Title: Costa Rica's President: It's Not Easy Staying Green | 10/10/2009 | See Source »

...workers were not allowed into the plan. So when Ernie Lucantonio was offered a supervisor job in the fire-retardant division at Occidental, part of the reason he took it was to get into the 401(k). "The 401(k) forced you to save money, because you couldn't touch it," says Lucantonio. "I was making good money, but I wasn't saving anything. I had three kids going to college. So the 401(k) forced me to save, which I needed." (See pictures of the college dorm's evolution...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

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