Word: america
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...through piles of bad assets and tight credit. The process is not over. Major US banks may need tens of billions of dollars more in government assistance when the results of the "stress tests" of bank viability are finalized later this month. The Treasury may tell Bank of America (BAC) that it needs $15 billion in additional capital and the bank may be able to raise that money on the government's deadline. If it can't, it could be merged into another bank the way that Wachovia and Washington Mutual were. The government has avoided getting its hands dirty...
...This idea has caught on: A recent tally found over 150 university animal studies courses in North America, covering everything from theories of animal rights to animals as symbols in ancient civilizations...
Americans long ago came to the rational conclusion that we can trade with communist China and still criticize its rights record. But communist Cuba keeps us in a trance of irrational contradictions. That is, perhaps, until now. As Barack Obama packs for the Summit of the Americas this week in Trinidad, where he hopes to improve Washington's dismal relations south of the border, the U.S. President knows that Cuba policy will be the marquee topic. "Any solution to the U.S.'s problems in Latin America has to go through Havana," says Larry Birns, head of the Council on Hemispheric...
Book at Your Leisure. Virgin America is also putting fares on sale, but with a more forgiving advance-purchase policy. Book three days ahead for travel between Boston and San Francisco starting from $109; with seven days, you can fly from New York City to San Francisco starting from $119. In-flight, order from a good snack menu, choose from a 25-film library or chat with the clever cutie three rows back, with Virgin America's seat-to-seat chat system. Tickets must be purchased by April 20 and must be used between April 14 and June...
...pirates, who had acted with virtual impunity for several years and are still holding as hostages some 200 crewmen of various nationalities, were infuriated by the U.S. Navy operation. They threatened new attacks against America. "After the action they took yesterday, we will respond with action," Hassan Yare, 38, a pirate in the Somali city of Garad, tells TIME. "We're warning the owners of the other ships that if they try to attack, we will kill the crews and burn their ships." (See pictures of the brazen pirates of Somalia...