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The big Sept. 19 gains were driven to some extent by bargain hunting. After tumbling about 45% from highs reached late last year, Asian stocks now trade at roughly 10 times 2008 earnings - which means they're relatively cheap. Although Asia's economic growth is expected to slow over the...

Author: /time Magazine | Title: Asia Stocks Roar Back | 9/19/2008 | See Source »

The best place to see this is America's biofuel mecca: Iowa. Last year fewer than 2% of U.S. gas stations offered ethanol, and the country produced 7 billion gal. (26.5 billion L) of biofuel, which cost taxpayers at least $8 billion in subsidies. But on Nov. 6, at a...

Author: /time Magazine | Title: The Clean Energy Scam | 3/27/2008 | See Source »

Merit vs. Mediocrity Richard Corliss's recent suggestions in "How to Save the Awards Shows" were shameful [Jan. 14]. Any intelligent film reviewer knows that the best films and the most popular flicks are usually light-years apart in quality. Are the Academy Awards about honoring good filmmaking, or are...

Author: /time Magazine | Title: Inbox | 1/18/2008 | See Source »

RICHARD CORLISS'S RECENT SUGGESTIONS in "How to Save the Awards Shows" were shameful [Jan. 14]. Any intelligent film reviewer knows that the best films and the most popular flicks are usually light-years apart in quality. Are the Academy Awards about honoring good filmmaking, or are they about trolling...

Author: /time Magazine | Title: Inbox | 1/17/2008 | See Source »

But anyone with a taste for history--or taste at all--might do better trolling the auction houses this month, where once-in-a-lifetime shopping opportunities abound. In the first liquor auction since Prohibition at Christie's in Manhattan, a 1926 single-malt Macallan scotch went for $54,000...

Author: /time Magazine | Title: One of a Kind | 12/13/2007 | See Source »

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