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...Airlines lost a great deal of money as travel dropped to and from countries which had documented cases of "swine flu." The pharmaceutical industry began shipping tons of flu medication around the world, and doctors began to get special training in diagnosing and treating the new flu strain...

Author: /time Magazine | Title: Preparing Businesses for the Flu Epidemic: A Waste of Time? | 5/7/2009 | See Source »

...Analysts say the deal seems to fall short of a full merger. It appears that Porsche's car-making unit will not be sold to VW, but will retain some independence. And the rights issue will be dilutive to earnings because profit will be distributed among a larger number of shares. The uncertainty about the structure of the deal was fueled by comments from Bernd Osterloh, head of VW's works council, who said the two companies may not merge at all. (See pictures...

Author: /time Magazine | Title: Porsche and VW Agree to a Merger | 5/7/2009 | See Source »

...This deal seems to be yet another sign of how hard the global automotive industry has been hit by the recession. The news of the Porsche-VW merger follows the announcement earlier this week by Italian carmaker Fiat that it wants to acquire U.S. automaker Chrysler, which the U.S. government forced into bankruptcy protection last week, and GM Europe. Fiat wants to merge with Chrysler and GM's Opel to create one of the largest car companies in the world. (See Chrysler's top ten moments...

Author: /time Magazine | Title: Porsche and VW Agree to a Merger | 5/7/2009 | See Source »

...heated game of shirtless soccer, and after a brief string of profanity immediately following the event, the ferocious competitors were reconciled. We all continue to be good friends to this day. That’s “all in the game” mentality in action. DEAL WITH IT.These college dayz have been a wild ride. I want to thank my parents, my sister, my friends (you know who you is!), “The Wire”, Peet’s Coffee, my teachers, and Jamison and Asli for letting me rant one last time in their otherwise...

Author: By H. max Huber, CRIMSON STAFF WRITER | Title: Taking It to the House: A Fond Farewell | 5/7/2009 | See Source »

...party has shrunk to its base, it has catered even more to its base's biases, insisting that the New Deal made the Depression worse, carbon emissions are fine for the environment and tax cuts actually boost revenues - even though the vast majority of historians, scientists and economists disagree. The RNC is about to vote on a kindergartenish resolution to change the name of its opponent to the Democrat Socialist Party. This plays well with hard-core culture warriors and tea-party activists convinced that a dictator-President is plotting to seize their guns, choose their doctors and put ACORN...

Author: /time Magazine | Title: One Year Ago: The Republicans in Distress | 5/7/2009 | See Source »

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