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...auspicious sign, too, that Visa's biggest competitor, MasterCard, which went public at $39 a share in 2006, is now trading at over $200 and has a market cap of more than $27 billion. That's about $10 billion above what Visa Inc. just raised with its IPO - and Visa is the market leader with 40% higher earnings than MasterCard. It doesn't take a math whiz to see why Wall Street is all charged up on the king of cards...

Author: /time Magazine | Title: Why Visa's IPO Is Hot | 3/19/2008 | See Source »

...Foote, a lanky man known to wear a Boston Red Sox cap, comes across as grounded and well-meaning. He is careful not to make his role in the economic reconstruction seem like a biggger deal than it really...

Author: By Lois E. Beckett, CRIMSON STAFF WRITER | Title: The Blank Page | 3/18/2008 | See Source »

Topping It Off At the fall 2008 menswear shows in Milan, the must-have accessories were hats?from nubby caps to huge fur trappers. At Burberry Prorsum, designer Christopher Bailey gave his military caps a rugged country look, while Alexander McQueen's giant fox-fur hats had a wind-blown Tibetan vibe. And Domenico Dolce and Stefano Gabbana replayed their English rock-'n'-roll favorite: the 1970s-style Carnaby cap...

Author: /time Magazine | Title: Topping It Off | 3/17/2008 | See Source »

...power because they lack economic scale. As solar panels or wind turbines are produced in bulk, the price will fall - but that won't happen until government sends a strong signal to producers and energy consumers. And the only way to do that, Krupp argues, is through a carbon cap-and-trade system that sets an implicit price on dirty fossil fuel, making clean energy instantly more competitive. "You align the economic signals with the imperative that we have to save the planet and ourselves," says Krupp. "When that happens, everything changes...

Author: /time Magazine | Title: Environmentalism 2.0 | 3/14/2008 | See Source »

...face of mounting evidence may be seen by the world as uncaring, reckless and ill-informed. We can do better and that threat is too grave to wait for perfect knowledge before addressing it." The declaration commends government action but makes no specific policy recommendations, such as a cap on greenhouse gas emissions. But, most importantly, given its target readership, it argues that stewardship of the planet is just as Biblical as the other causes that Baptists press in public, and that "when we destroy God's creation, it's similar to ripping pages from the Bible...

Author: /time Magazine | Title: The Greening of the Baptists | 3/10/2008 | See Source »

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