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...Well, forget that. Titanic set records that may never be broken, including being the No. 1 box-office attraction for 15 consecutive weeks, from Dec. 1997 to the end of March 1998 - the weekend after it won a record-tying 11 Academy Awards, including Best Picture. The sinking-ship drama finally racked up $600 million stateside, and twice as much abroad, for a $1.8 billion total theatrical take. That made it the all-time top-grossing movie (sixth in real dollars, after Gone With the Wind, Star Wars, The Sound of Music, E.T. and the 1956 The Ten Commandments...

Author: /time Magazine | Title: Snow Job for the Avatar Opening? | 12/21/2009 | See Source »

...dollar with respect to the euro and yen hit bottom (Deutsche Bank), 10-year Treasuries yield more than 4% (Bank of America Merrill Lynch) and small-cap value stocks outperform all other categories (Richard Bernstein Capital Management). As for the stock market more broadly? Strategists at UBS expect gains well into the double-digits. The CEO of PIMCO sees a 10% drop...

Author: /time Magazine | Title: 2010 Financial Forecasts: A 50% Chance of Being Right | 12/21/2009 | See Source »

Politics have unraveled the Fonseka-Rajapaksa alliance. In his interview with TIME, Fonseka repeated charges, first published in a Sri Lankan newspaper, the Sunday Leader, that Gotabaya Rajapaksa had given orders that top LTTE commanders not be allowed to surrender. "This is well known to all those who were there in the field," Fonseka said. "[The Defenwe Secretary] was supposed to have said, 'Whether anybody comes with white flags or no, finish off everybody.' I was the Army Commander, they never passed that message to me, never even consulted me. I only came to know this after two days after...

Author: /time Magazine | Title: The Conquerors of the Tigers Now Battle for the Spoils | 12/20/2009 | See Source »

...attempt to retain custody of his late wife's son. (She died in childbirth earlier this year.) But there is still a sense that the already slow legal system is being swayed, in part, by money and influence. Sean's stepfather's family, the Lins e Silvas, is well known in Brazilian legal circles and they have so far used the system skillfully to retain custody of the child. (Can Rio's crime problem be solved before the Olympics...

Author: /time Magazine | Title: The Battle for Sean Goldman: The View from Brazil | 12/19/2009 | See Source »

...unbelievable and surreal that they are not giving custody of the boy to the biological father," read one typical comment. "This is only happening because the stepfather - the one with the least right to the child in question - is a rich and well-known lawyer. This story disgusts me because it is representative of thousands of other equally unjust [tales], where power speaks louder than ethics and justice...

Author: /time Magazine | Title: The Battle for Sean Goldman: The View from Brazil | 12/19/2009 | See Source »

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