Word: numbers
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...while ad pages are plummeting for all magazines, they're flirting with terminal velocity for business titles. The numbers are enough to make a CEO pack it all in (which Jim Spanfeller at Forbes.com just did). In the first half of this year, Business Week ran about 37% fewer ad pages than it did in the first half of last year, according to the Publishers Information Bureau. Fortune, published by Time Inc. (owner of TIME.com), sold 38% fewer pages, and Forbes was down 30% (a number possibly skewed by the inclusion of ForbesLife). But as a weekly, the McGraw-Hill...
...researchers then divided the volunteers into groups on the basis of their answers. Those who reported an improbably high number of correct answers were labeled dishonest. Most of the others were classified as honest. Researchers then averaged the fMRI data - which monitors blood flow and, therefore, activity inside the brain in real time - for each group to try to establish a neural signature that represented truth-telling and one that characterized lying. (See the top 10 scientific discoveries...
...business has expanded so fast, and with such little oversight, that reliable numbers are hard to come by. There are perhaps 10,000 swiftlet buildings in Malaysia alone, which each year produce 144 metric tons of nests worth $160 million, reports the Malaysian government news agency Bernama. Nests from Thailand's 600 or more condos could be worth another $60 million, according to a 2007 Thai study, "Swiftlet Birds' Nests: Power, Conflict and Riches," by independent researcher Kasem Jandam. Judging by the number of swiftlet condos appearing in many Thai towns, these figures are probably gross underestimates. In Indonesia...
Thwarted ambition is not the only problem. One of the dirty little secrets of Spain's boom years was the number of people Spanish firms employed on casual contracts. In an effort to make its labor market more flexible, the country has the highest rate of temporary jobs in the European Union: one in three. The great majority of those "trash contracts," as they're called by locals, go to the young, making them the easiest (read: least expensive) workers to fire. None of this is new. Young people have complained of being mileuristas since Europe adopted the common currency...
...voice purged of anger and bitterness and self-pity. In an extraordinary act of forgiveness, he wrote about his father with humor and even compassion. Angela's Ashes was published quietly, as the personal memoir of an Irish childhood. "My dream was to have a Library of Congress catalog number, that's all," McCourt said. But it became first a critical sensation, then a runaway best seller. In 1997 McCourt won the National Book Critics Circle Award and the Pulitzer Prize. (See TIME's best books...