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Read "Women in Luxury" An earlier version of this story incorrectly identified net-a-porter.com as an invitation-only discount retailer; it is a full-price fashion retailer that requires neither invitation nor membership...

Author: /time Magazine | Title: Luxury Retailers Rush To Adapt: Chic Goes Cheap | 9/17/2009 | See Source »

Merchant groups have been lobbying the Obama Administration on the issue for many months. Bills have been introduced in the House and Senate that, if passed, would allow merchants to negotiate their interchange fees directly with banks and credit-card networks. The Senate's version, introduced by Senator Richard Durbin, even calls for a panel of three electronic-payment-system judges to step in if merchants fail to reach a negotiated agreement...

Author: /time Magazine | Title: Retailers Ready for Fight on Credit-Card Fees | 9/17/2009 | See Source »

...predators, though, where speed and bone-crushing jaw strength would let them range farther and crunch the bones of the biggest prey, there was no competition at all. By about 90 million years ago at the latest, T. rex - or as we might now say, the king-size version of Raptorex - was unchallenged. "There was no turning back," says Sereno, referring to the leading theory on why the dinosaurs became extinct, "until the comet...

Author: /time Magazine | Title: Tiny T. Rex: Fossil Shows the Dino King Started Small | 9/17/2009 | See Source »

...such an amendment. "The proposed co-op model is untested and unsubstantiated and should not be considered as a national model for health insurance," Rockefeller said. If Dems choose to go it alone without any Republican support, it's possible they could include such a plan in the final version of the bill. But many moderate Democrats, such as Landrieu and Nebraska's Ben Nelson, have said they will not vote for a public plan, complicating the prospect of getting the 60 votes they would need to prevent a Republican filibuster. (Watch TIME's video "Uninsured Again...

Author: /time Magazine | Title: 5 Things Dems Don't Like About the Baucus Bill | 9/17/2009 | See Source »

...prospect of paying significantly more or getting an exemption [from the requirements that all individuals have health insurance] or being penalized, that is not going to meet their test of health-care security." The problem, of course, is paying for more subsidies. In its current version, the bill actually shrinks the deficit by about $50 billion over 10 years, according to the Congressional Budget Office. For many deficit hawks on Capitol Hill, unfunded liabilities are out of the question...

Author: /time Magazine | Title: 5 Things Dems Don't Like About the Baucus Bill | 9/17/2009 | See Source »

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