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...report from Goldman Sachs, which logged second quarter earnings of $3.4 billion and an eye-popping return on equity of 23%. Investors got a second round of heartening news on Wednesday morning when Intel reported sales that were 10% better than analysts had been expecting; Intel's earnings also beat expectations by a wide margin and the company offered encouraging guidance about the third quarter. The chipmaker's shares rose more than 7% Wednesday, putting the stock's rise so far this year at 25%. Intel's Wednesday move triggered a strong rally across the tech sector, which climbed more...

Author: /time Magazine | Title: Despite the Economy's Struggles, Stock Market Soars | 7/16/2009 | See Source »

...material deemed "offensive" or "destabilizing" - code, say opponents, for anything critical of Chávez and his "21st century socialism." (Chavistas insist the licenses are being withdrawn for purely technical reasons and that the Venezuelan media are still free to criticize the government.) (Read about how Chávez beat back his student opposition...

Author: /time Magazine | Title: The Honduran Crisis: Making Chums of Chávez and Obama? | 7/16/2009 | See Source »

...residing in different states for the past few years. Michael was often vocal about his critique of Joe's parenting techniques, telling Oprah Winfrey in 1993 that there was "a lot of sadness" in his childhood. He revealed that his father would tease him about his pimples and even beat him. Jackson said his father was "very hard" and that he was "frightened" of him. In the same interview, he referred to his mother as "wonderful" and "perfection." (See pictures of Jackson's final days...

Author: /time Magazine | Title: Joe Jackson Makes Bid for Care of Michael's Kids | 7/11/2009 | See Source »

...main event, but the Macau tournament's organizers have high hopes for the game's potential in Asia. "The gold standard is the World Series of Poker," says Fred Leung, marketing manager for poker company PokerStars Macau. "In my mind, there's no better place that could beat the World Series of Poker than Macau." (Read a Q&A with the 2008 WSOP winner...

Author: /time Magazine | Title: Does Poker Stand a Chance in Asia? | 7/10/2009 | See Source »

Around Laleh Park, which was the heart of the demonstration, several undercover Basij members emerged from the crowd wielding collapsible batons to beat those who were recording the events on cell-phone cameras. At one point, a stocky thug, wearing a baseball cap and a surgical mask to conceal his identity, emerged threateningly only to retreat after the crowd surged around him, yelling "Please stop" in unison. Meanwhile, not far away, a squad of Revolutionary Guards angrily demanded to be let into an upscale hotel that many protesters had escaped into...

Author: /time Magazine | Title: On Tehran's Streets: Defiance and a Crushing Response | 7/9/2009 | See Source »

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