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...Texting is a major contributor to the industry's profitability," says David Barden, a senior research analyst at Bank of America Merrill Lynch. Among the Big Four national players, texting brings in an average of $8 per month per customer in revenue, he estimates, and generates about 25% of raw operating profit (excluding equipment subsidies...

Author: /time Magazine | Title: Guess What Texting Costs Your Wireless Provider? | 9/10/2009 | See Source »

...Japanese weren't surprised. They know her as a regular contributor to Mu Magazine, a publication that explores such subjects as UFOs, the possibility that the world may end in 2012 and the esoteric mysteries of the giant heads of Easter Island and the lost sun-worshipping civilizations of South America. (She speaks openly of "eating" the morning sun for energy.)She is sometimes referred to as "Mrs. Occult," because she wrote a monthly spiritual column in Mu,. Never shy about her opinions, she propagates them with gusto on television, discussing everything from religion to cooking, with the authority...

Author: /time Magazine | Title: Japan's First Lady: Introducing 'Mrs. Occult' | 9/7/2009 | See Source »

...better human welfare." He believes that governments in wealthy countries should take steps to rein in excessive wealth among individuals and redistribute resources through social spending. While he acknowledges the political difficulties of wealth redistribution, he says, "As a doctor, I recognize that an unequal society is the biggest contributor to ill health. It's my obligation to make that known...

Author: /time Magazine | Title: Could the Recession Be Good for Your Health? | 8/31/2009 | See Source »

...extols a recent stint teaching at Yale as "very comfy." But his spot in the cultural establishment is proof that his revolution succeeded. He's about to start on the screenplay of The White Tiger, the Booker Prize winning novel by Indian author (and occasional TIME contributor) Aravind Adiga. That a story about a poor Indian hustling his way in Bangalore sold millions of copies all over the world, notes Kureishi, shows that post-colonial fiction has reinvigorated the novel. (See Aravind Adiga's Summer reading list...

Author: /time Magazine | Title: Hanif Kureishi: Rebel With a Medal | 8/31/2009 | See Source »

...money well spent? To get an answer, TIME contributor Joseph Szczesny spoke with Jesse Toprak, vice president of industry trends and insights at Truecar.com, a car-sales-data website. Toprak has more than 15 years' experience in the automotive industry, including nearly nine years with Edmunds, one of the largest sites for consumer information on the Internet...

Author: /time Magazine | Title: Was Cash for Clunkers a Success? | 8/26/2009 | See Source »

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