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...good news is, it was nothing more than an inconsiderate, badly conceived and insensitive photo op with the taxpayers' money.' New York City Mayor MICHAEL BLOOMBERG, after one of President Obama's Air Force One planes--escorted by two fighter jets--caused panic in downtown New York during a low-flying photo shoot...

Author: /time Magazine | Title: Verbatim | 4/30/2009 | See Source »

...quarterly numbers that were so good that many believed they would save the job of CEO Ken Lewis, JP Morgan responded by releasing an analysis that said banks are likely to realize about $400 billion more in losses on soured assets, requiring further injections of government capital, according to Bloomberg. (See pictures of the Top 10 scared traders...

Author: /time Magazine | Title: Who Stole the Recovery? | 4/21/2009 | See Source »

...Last week, New York City said that it would have to cut thousands of municipal workers to keep the city from going bust. "We cannot continue," NYC mayor Michael Bloomberg told reporters. "Our pension costs and health care costs for our employees are going to bankrupt this city," he said...

Author: /time Magazine | Title: Rising Risks in Muni Bonds Worry Investors | 4/13/2009 | See Source »

...Technology news is probably more complete at sites like CNET than at NYTimes.com. CNNMoney covers most business news well, as do Reuters and Bloomberg...

Author: /time Magazine | Title: Google's Advice to the Newspaper Industry Is Late | 4/8/2009 | See Source »

...Bloomberg, the green billionaire, won't be mayor forever. (Presumably.) That means PlaNYC, which runs to 2030, will have to remain relevant long after its political patron is gone. But PlaNYC is built to last, even during a recession, because it encompasses far more than just feel-good greenery. Agarwalla, who has studied why Philadelphia declined compared with New York in the 20th century, believes sustainability will be the key to urban success in the 21st century. "We didn't develop this plan out of a desire to be green," he says. "This is crucial for its economic and environmental...

Author: /time Magazine | Title: The Big (Green) Apple | 4/2/2009 | See Source »

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