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Richard Baker walks into the Time Warner Center in New York City wearing a sporty tan summer suit accented by a marigold tie with yellow socks to match. These days the real estate developer, art collector and former chef is having fun with fashion. As CEO of NRDC Equity Partners?the private-equity firm that bought Lord & Taylor?Baker is the proud new owner since October of America's oldest department store. And he's overseeing a makeover as bold as his brightly colored tie. To prove his dedication to the turnaround, he and his wife have made a pact...

Author: /time Magazine | Title: Studying the Classics | 9/21/2007 | See Source »

...species of velociraptor, sharper-toothed than the last and eager now to take a bite. Fox News and MSNBC didn't even exist circa O.J. 1, while O.J. 3's big scoop, the hotel-room tape, was reported (i.e., purchased) by muckraker website TMZ.com (owned, like TIME, by Time Warner)--which just happens to have launched a TV spin-off show on Sept...

Author: /time Magazine | Title: Three-Peat. | 9/20/2007 | See Source »

...Levin and Reed believe that with the return of Senator Tim Johnson of South Dakota, their measure will start with a baseline of 53 Senators, assuming no one changes his or her mind, as Virginia Senator John Warner did earlier this week on Jim Webb's proposal to limit the length of troop deployments overseas...

Author: /time Magazine | Title: The Dems' Best Chance on Iraq? | 9/20/2007 | See Source »

...line of politicians who have had a change of heart about the war in Iraq keeps getting longer. Republican Senator John Warner, who voted in October 2002 to authorize the use of force there, now wants the troops to start coming home. Democratic Congressman Brian Baird, who opposed the war, wants to give the surge a chance: "Progress is being made and there is real reason for hope." But politicians are often anxious about changing their minds. They know opponents are waiting to hammer them as opportunists or just plain confused, as Mitt Romney, dogged by accusations of flip-flopping...

Author: /time Magazine | Title: The Grand Tradition of Flip-Flopping | 9/13/2007 | See Source »

...hyperinvolved parent of two, I realize there are worse phenomena than people spending a lot of time with their kids. But it's also exhausting, and pop culture has started asking if kid life has overwhelmed adult life. In the book Perfect Madness, Judith Warner worries that a "total motherhood" culture makes moms feel inadequate, while in The Death of the Grown-Up, Diana West argues (hyperbolically) that the eroding distinction between kids and adults is "bringing down Western civilization...

Author: /time Magazine | Title: A Kid Nation Divided | 9/13/2007 | See Source »

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