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It is hard to know just how much that $400 billion in losses will end up lowering corporate America's tax bill. Companies are allowed to record tax credits for current losses and use those credits to lower their bill when they return to profitability. If companies have more tax...

Author: /time Magazine | Title: Recession Dividend: A Boom in Corporate Tax Credits | 11/5/2009 | See Source »

Lee Eisenberg knows how to shop. He can see through marketing campaigns, advertisements, and all the subtle nuances behind a store's attempt to make you spend your money. In his new book, Shoptimism the former executive vice president of clothing retailer Lands' End (and former editor-in-chief of...

Author: /time Magazine | Title: Shoptimism: Why We Buy Things | 11/5/2009 | See Source »

Have you changed your shopping habits since writing this book? Not dramatically. What is different is what I notice when I walk into a store. I walked into a Gap recently and I immediately saw that there was no clear pattern to how old the customers were. There were some...

Author: /time Magazine | Title: Shoptimism: Why We Buy Things | 11/5/2009 | See Source »

Andre Agassi's memoir, open: An Autobiography (Alfred A. Knopf; 388 pages), is just as entrancing as his tennis game. Agassi's mind pops back and forth like a ball during one of his rallies: I hate the sport, winning is fun, my father preys on me, but I understand...

Author: /time Magazine | Title: Agassi Unstrung | 11/5/2009 | See Source »

What do students do on Students' Day? Not too long ago, I posed this question to the principal of a boys' high school in Tehran. Do you take your students to the "Nest of Spies," as the former embassy is commonly referred to in Iran, to rally and protest? The...

Author: /time Magazine | Title: 'Death to America' Day: How Iran Trained Its Young to Protest | 11/4/2009 | See Source »

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