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...over the past six months, to around €0.25 ($0.36) per liter, less than the cost of production, according to Copa-Cogeca, a European farmers' association. The group says the price collapse will cost dairy farmers about €10 billion ($14.6 billion) this year alone. (See pictures of cow-pooling...

Author: /time Magazine | Title: Europe's Farmers Spill Milk to Decry Tumbling Prices | 9/21/2009 | See Source »

Print newspapers have long run police blotters, but they're usually just boring-looking text. Website blotters, on the other hand, can affordably offer every color portrait the local precinct shoots. Like television networks opting for cheaply produced reality shows, the newspaper sites believe they've found their cash cow: readers seem as eager to gawk at the average alleged DUI perp as they are to ogle celebrity mug shots on sites like the Smoking...

Author: /time Magazine | Title: Newspapers Catch Mug-Shot Mania | 9/21/2009 | See Source »

...saddened that TIME has joined the bandwagon of maligning modern animal agriculture [Aug. 31]. I have invested 20 years into the daily management of 12,000 dairy cattle. Few of the "small-scale" farms I saw as a rural veterinarian achieved the degree of cow care we have been able to provide on our current "factory farm." None converted their manure to electricity or took advantage of new, more environmentally friendly technologies. The modern direction of large-scale animal operations is to employ skilled professionals in all areas to better care for animals, the environment and the consumer. Getting this...

Author: /time Magazine | Title: Inbox | 9/21/2009 | See Source »

Banks began charging interchange fees in the 1960s to cover the cost of processing credit-card transactions. "But even as technology has dropped that cost dramatically, banks and credit-card companies have pushed swipe fees higher and higher, turning it into a cash cow," the report notes. "For many businesses, swipe fees are now their single highest non-labor operating cost...

Author: /time Magazine | Title: Retailers Ready for Fight on Credit-Card Fees | 9/17/2009 | See Source »

...they generated more than $150 billion, and another $40 billion in related products were sold. That example is warming the hearts of Acurio and his compatriots who have visions of Peruvian restaurants on Main Street, U.S.A., serving up such staples as cuy (the national dish of roasted guinea pig), cow-heart kebabs and purple corn juice. (See even more pictures of what the world eats...

Author: /time Magazine | Title: Peru's Plans for Global (Foodie) Conquest | 9/16/2009 | See Source »

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