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...chemicals giant, then No. 14 on the Fortune 500, became the first large company to toss its pension and switch to a defined-contribution 401(k)-type system. That was at least a decade before most other large companies made a similar switch, which makes the experience of Oxy Pete and its employees an ideal window...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

...talked to nearly two dozen former Occidental employees. All of them are alumni of the company's chemicals division and worked in a Niagara Falls plant. Not all are 401(k) disaster stories, and most had good things to say about Oxy Pete. Some said they were very happy with their 401(k). Jim Maul, 70, has two cars and a boat and travels regularly. (See 10 big recession surprises...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

...full-body workout with moves like HoopGirl's "pulse," which stimulates the entire core; the "limbo," which targets the back and thighs; and the "Wild West," which helps tone biceps and triceps. "Anything that gets people off the couch and burning calories is a good thing," says Pete McCall, an exercise physiologist for the American Council on Exercise. "Hooping can be a good way to mix up your routine and keep it from being boring." (Watch TIME's video "How to Lose Hundreds of Pounds...

Author: /time Magazine | Title: Hula Hoops: From Child's Play to Real Exercise | 9/25/2009 | See Source »

...Mary Allin Travers moved as a baby with her writer parents to New York City's Greenwich Village, where she would join the blooming local folk scene in nearby Washington Square Park. In her teens, as a member of the Song Swappers, she sang backup for Pete Seeger and appeared on Broadway in the short-lived folk musical The Next President. She also earned money babysitting; one of her charges was an infant English aristocrat, the fifth Baron Haden-Guest, who as Christopher Guest would direct and star in the 2003 film A Mighty Wind, an affectionate parody...

Author: /time Magazine | Title: Folk's Beloved Princess: Mary Travers Dies at 72 | 9/17/2009 | See Source »

...turns to a band that made records under its own name for just eight years, at the bright high noon of rock 'n' roll, and broke up nearly four decades ago. Another anomaly: only in their earliest gestation, playing in Germany and in Liverpool's Cavern Club with Pete Best as their drummer, were the Beatles truly a Rock Band. For 40 years and more, that term has been applicable to the Rolling Stones and their spawn, whose songs are easily reproducible in their indefatigable concert tours and whose appeal is as much theatrical as musical. Truth is, the Beatles...

Author: /time Magazine | Title: Can The Beatles: Rock Band Save the Music Business? | 9/14/2009 | See Source »

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