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...comes down to price, valuation and long-term potential returns, says Icahn. But he quickly emphasizes that he isn't expecting a speedy bounce back in the battered sector...

Author: /time Magazine | Title: Why Carl Icahn Is Wagering Big on Casinos | 3/23/2010 | See Source »

Still, many investors and analysts are eyeing Icahn's move closely. Some wonder if his move into the sector is a sign to start putting investment chips back on the table and roll the dice on companies with big exposure to the U.S. gaming market. "[Carl Icahn] has always been a very astute investor," concurs Clyde Barrow, a casino expert and professor at the University of Massachusetts at Dartmouth. "There's a lot of upside potential, and if you're investing for the long term, now is the time to buy." (See pictures of hard times in Las Vegas...

Author: /time Magazine | Title: Why Carl Icahn Is Wagering Big on Casinos | 3/23/2010 | See Source »

...question that the Democrats have handed the opposition party a compelling rationale to fire up its base for the upcoming election. But the bloodiest battle will be fought to define the new health care law for both swing and independent voters (even as disenchanted liberals are still being coaxed back to their stations). (See TIME's video "Uninsured Again...

Author: /time Magazine | Title: Can the GOP Succeed by Running Against Health Care? | 3/22/2010 | See Source »

...fighting back against a supposedly hostile press is old hat for the GOP. A far greater challenge will come from a new quarter. Large segments of the American business community are going to present a formidable ally for Obamacare, either with outspoken support or noticeable silence. From businesses that have been crushed by rising health care costs to pharmaceutical companies cleverly co-opted by the White House early on in the process; from the doctors' organizations (including the American Medical Association) that endorsed the final product to, yes, even the vilified insurance companies - none of these entities are going...

Author: /time Magazine | Title: Can the GOP Succeed by Running Against Health Care? | 3/22/2010 | See Source »

...villages in Yunnan province, where many areas have received half the usual rainfall. Sixteen million people in the region are now suffering drinking water shortages, according to state media. The Dai ethnic group, which is concentrated near the Burmese border in western Yunnan, has even been encouraged to cut back on the amount of water used during the upcoming Water Splashing Festival it celebrates each year to mark the arrival of spring...

Author: /time Magazine | Title: Beijing: Onslaught of The Mongolian Cyclone | 3/22/2010 | See Source »

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