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Astronomers were further able to estimate the planet's makeup by calculating its size, based on the amount of light that GJ 1214b blocked when it passed in front of its star, as well as its mass (6.6 times Earth's mass), based on the wobble in the wavelength of starlight caused by GJ 1214b's gravitational pull on its star. That analysis revealed the new planet's density: about one-third of Earth's. Because water has a much lower density than rock, astronomers figured that the "most plausible scenario is a planet made mostly of water, with...

Author: /time Magazine | Title: Super-Earth: Astronomers Find a Watery New Planet | 12/16/2009 | See Source »

...bank is actually in worse shape than many thought. To exit TARP, Bank of America was required to raise $18.5 billion in new capital, or about 40% of the $45 billion in capital it repaid the government. Other banks have had to raise as much as half of the amount they want to pay back the government in new capital. Citigroup, though, is required to raise more than 100% of what it wants to pay back - $20.5 billion in new capital, half a billion dollars more than it will pay Uncle Sam. That suggests the government is still worried that...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

...There's a history of wealthy Californians trying to start at the top, like Meg Whitman and Carly Fiorina, without having paid their dues," says Lew Uhler, president of the National Tax Limitation Committee, an antitax group, who is supporting one of Whitman's opponents. It takes a vast amount of money to be competitive in California, but the road to Sacramento is littered with the bodies of failed parvenus: Michael Huffington, the former Republican Congressman and ex-husband of Arianna, blew $28 million on a failed Senate bid in 1994; Al Checchi, a former co-chairman of Northwest Airlines...

Author: /time Magazine | Title: Is California Sold on Governor Meg Whitman? | 12/14/2009 | See Source »

...other situations, a surge of testosterone may prompt people to engage in more cooperative behavior. For the new study, researchers enrolled 121 women to play what economists call the "ultimate bargaining game": one participant is given a certain amount of money and instructed to offer a portion to another participant. The recipient of the offer gets to accept or reject. If the offer is rejected, neither participant gets any money. Before allowing the women to propose their offer, researchers gave them either a dose of testosterone or a placebo...

Author: /time Magazine | Title: Testosterone: Not Always an Aggression Booster | 12/13/2009 | See Source »

...study authors hypothesized that participants taking testosterone would engage in riskier, more aggressive behavior - that is, offer their fellow participant a lesser amount of money. What happened instead was that the women who received testosterone made significantly more equitable offers than those who received a placebo, offering their partners an average of 3.9 money units out of 10, vs. 3.4 money units...

Author: /time Magazine | Title: Testosterone: Not Always an Aggression Booster | 12/13/2009 | See Source »

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