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...quarter ended March 31, retail sales of grand pianos were down 18.6%, according to the Music Trades magazine, and school-music product sales fell 6.5%. Nonstring instruments, from trombones and tubas to flutes and pianos, tend not to attract investment dollars because they diminish in value with wear and tear and age. Well-maintained string instruments are distinct - like wine - in that they appreciate with age as wood mellows and tonal qualities mature...

Author: /time Magazine | Title: String Theory: Investing in High-End Violins | 6/10/2009 | See Source »

That's precisely what University of Pittsburgh researchers found in their study of 56 teens ages 14 to 18. Jennifer Cousins, a postdoctoral fellow in psychiatry, asked the adolescents to fill out sleep diaries for one week and wear a special activity monitor on their wrist, which recorded when the students were asleep or awake. Overall, teens with poor sleep habits - those who woke up frequently during the night, spent more hours in bed (whether or not they were sleeping) and reported feeling tired in the morning - received lower grades than students who stuck with a more regular sleep routine...

Author: /time Magazine | Title: Larks and Owls: How Sleep Habits Affect Grades | 6/10/2009 | See Source »

...creative director and part owner of the brand, were to blame. Another CEO, Kim Winser of the British brand Aquascutum, also resigned last week, after a buyout she put together was rejected by the brand's Japanese parent company, Renown. And according to a report in Women's Wear Daily, Ungaro designer Esteban Cortezar is expected to leave the house after just three seasons, following disagreements with CEO Mounir Moufarrige. The good news for opportunistic Bergdorf shoppers? Maybe even deeper discounts on Floor Two in the fall...

Author: /time Magazine | Title: Fire Sale: Once Towering, the Luxury Market Teeters | 6/7/2009 | See Source »

...indivisible from the freedom to practice one's religion. That is why there is a mosque in every state of our union, and over 1,200 mosques within our borders. That is why the U.S. government has gone to court to protect the right of women and girls to wear the hijab, and to punish those who would deny...

Author: /time Magazine | Title: Full Text: President Barack Obama's Speech to the Muslim World | 6/4/2009 | See Source »

...Likewise, it is important for Western countries to avoid impeding Muslim citizens from practicing religion as they see fit - for instance, by dictating what clothes a Muslim woman should wear. We cannot disguise hostility towards any religion behind the pretence of liberalism...

Author: /time Magazine | Title: Full Text: President Barack Obama's Speech to the Muslim World | 6/4/2009 | See Source »

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