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...Cutting back is never simple. It takes arts organizations years to build quality programming, garner prestige and assemble and cultivate talent. Firing a violinist or two can be a staggering loss to the team. "You're looking at tough sacrifices," says Jack Fishman of layoffs, a spokesperson for the San Antonio Symphony. Its operating budget suffered a five-year setback, from a $6.6 million budget to $5.1 million. The solution? The symphony's 72 musicians agreed to swallow...

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

...Tough Tactics, but Still Legal? That risk, however, became somewhat less considerable two years ago. In 2007 the Supreme Court overturned a nearly century-old ruling that used to make these types of pricing deals inherently illegal. Now such practices must be evaluated under "the rule of reason." For the plaintiffs to win, anticompetitive effects of the minimum-pricing agreement between the manufacturer and retailer must outweigh the pro-competitive effects. That's not an easy case to make. If a manufacturer's sales increased as a result of its deal with Babies "R" Us, the company can argue that...

Author: /time Magazine | Title: Did Babies "R" Us Gouge Mommy and Daddy? | 7/21/2009 | See Source »

Familiar strangers turn into characters in my mental summer narrative. There’s the tough guy with a reddish brown ponytail climbing the subway stairs. A week later, again wearing a denim shirt and jeans, he gently leads a lady down King’s Road. Every morning the woman in an orange vest grins around sticking-out teeth, blithely handing out free newspapers. There is a man with a two and a half foot beard selling novels on Lamma Island. A shopkeeper in front of my apartment explains how her dresses can also be skirts. The squat blond...

Author: By Chelsea L. Shover | Title: True Fiction | 7/21/2009 | See Source »

...Originally from Philadelphia and raised in Miami, Barofsky was the youngest of three children; his father, Stephen, called Barofsky's two older sisters "tough" on their little brother - early training for what a former colleague called his "sharp and sometimes withering...

Author: /time Magazine | Title: TARP Watchdog Neil Barofsky | 7/21/2009 | See Source »

...model would be incredibly complicated, no? That's absolutely not true. There are already great models - Medicare is one. When Medicare pays hospitals, they pay by disease, not by how long people stay there. Consequently hospital stays have dropped dramatically. I would disagree that this is gonna be a tough transition. I think it's going to be a very good transition. If there's a public option, it will force the transition...

Author: /time Magazine | Title: Howard Dean on the Politics of Health-Care Reform | 7/21/2009 | See Source »

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