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...Securities & Exchange Commission (SEC), concerned about the exponential growth of hyper-frequency trading, announced on Tuesday, Aug. 4, that it was considering a ban on one form of this activity, known as flash trading. But it has said nothing about an even bigger element of high-frequency trading, known as co-location, even as the New York Stock Exchange (NYSE) is building two new facilities to house such traders...

Author: /time Magazine | Title: High-Frequency Trading Grows, Shrouded in Secrecy | 8/5/2009 | See Source »

...Worried that Areva may be headed for even bigger problems, the French government, which owns 90% of the company, demanded an internal review earlier this year. French media reports speculated that Lauvergeon could get the heave-ho as part of the evaluation, which looked at finances and strategy. The government was also reportedly upset that Lauvergeon continued to resist pressure from the Elysée to meld Areva with private French engineering company Alstom and private construction giant Bouygues to create a national nuclear megacompany...

Author: /time Magazine | Title: Areva's Field of Dreams | 8/5/2009 | See Source »

...electricity use, pumping as much greenhouse-gas pollution into the atmosphere every year as half the world's cars. Much of that results from outdated, inefficient light sources in homes, offices and parking lots. Energy-efficiency advocates say that because lighting is ubiquitous, the new guidelines will have a bigger environmental impact than any other appliance standards, including those for refrigerators and air conditioners...

Author: /time Magazine | Title: Better Bulbs | 8/3/2009 | See Source »

...World War II, the United States emerged as the unequivocal world leader, and Britain became an admirable also-ran. Applying that template to the 21st century, China would be the new us - feverish with individual and national drive, manufacturer to the world, growing like crazy, bigger and much more populous than the reigning superpower. And thus 21st century America would evolve, according to this analogy, like Britain in the 20th century...

Author: /time Magazine | Title: Is China the New Us? Or Are We? | 8/3/2009 | See Source »

...newcomer to the capital, fights for money in Congress, there's a bigger battle brewing over the carbon cap-and-trade bill. Co-sponsored by Democratic lawmakers Henry Waxman and Edward Markey, the bill barely passed the House last month and will soon be taken up by the Senate. The legislative fight has mostly centered on how tight the carbon caps should be, but part of the revenues created by the cap - which would require some companies to pay for carbon credits - will be directed to energy research and development...

Author: /time Magazine | Title: Clean Energy: U.S. Lags in Research and Development | 8/1/2009 | See Source »

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