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...Worth had to do something. When founder Randy Jones sold his share of it in 2003, its circulation was 500,000. It finished last year with about 50,000. The subscription rate listed on its website is $36. (Subscribe now and save $84 on the cover price!) And only 3% of its copies were newsstand sales, so it's not like that was a big business anyway. Sandow Media Corp., which bought Worth last year, also publishes Luxe (high-end design), True Beauty (high-end cosmetics) and Watch Journal (high-end wristwear). So the company probably feels...

Author: /time Magazine | Title: The $20 Magazine: Worth's Odd Recession Strategy | 4/21/2009 | See Source »

...recklessly pushed to expand home ownership, fuelling the bubble in housing prices and its collapse. Former President Bush’s failure to regulate Fannie Mae and Freddie Mac permitted the crisis in subprime mortgages to build, though congressional Democrats bear the lion’s share of blame for their obstructionism: They opposed a Bush administration proposal for greater regulation, even though Fannie and Freddie’s own executives favored the change. The lack of broad oversight in financial markets led investors to rely too heavily on faulty investment ratings by firms like Moody?...

Author: By Colin J. Motley | Title: Deconstructing Deregulation | 4/21/2009 | See Source »

...clear goal for the women’s tennis team at the beginning of this season: become the Ivy League’s most improved team. The Crimson (12-8, 5-1 Ivy) has far exceeded expectations, and the squad is in a position to grab a share of the Ivy League title today if it defeats Dartmouth (8-13, 2-4) at the Beren Tennis Center. Although reconstructing a team each year can be difficult, the addition of five freshmen to the roster has added a great deal of enthusiasm and force to the team...

Author: By Colin Whelehan, CONTRIBUTING WRITER | Title: Rejuvenated Crimson Plays for Ivy Title | 4/21/2009 | See Source »

...allow him to bring his experience with the realities of political process to bear on his passion for sustainability on a much larger scale,” said Susanna Williams, who was the creator of Steinbrueck’s Facebook fan group. “In return, he will share his insights and perspective with Seattle, helping us grow in more sustainable directions...

Author: By Lea J. Hachigian, CONTRIBUTING WRITER | Title: Seattle Politician Joins GSD | 4/21/2009 | See Source »

...Hong Kong, it can be hard just finding somewhere to sit down. The fourth most densely populated place in the world, the city sees its park benches packed while strangers share restaurant tables. And for the 40,000 people who die there every year, it turns out there's no respite from the crowds either. While land shortages forced most Hong Kongers to abandon burials in the 1980s, now the city has run out of space even for cremated ashes. By some estimates, around 50,000 families are presently storing their relatives' remains in funeral homes while they wait, perhaps...

Author: /time Magazine | Title: In Hong Kong, Even the Dead Wait in Line | 4/20/2009 | See Source »

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