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Since the acquisition, Bank of America's stock has fallen 50% and at one point went as low as $2.53. The problems at Merrill Lynch have turned out to be much bigger than Lewis originally thought. And at times, the Merrill-related losses have raised anxiety about the health of...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 10/1/2009 | See Source »

Scientists at the Children's Hospital of Philadelphia report in two studies that parents can significantly reduce the accident rate among teens simply by talking with them about driving and enforcing rules for safety - much the way, as has been shown, parents can reduce the risk of substance abuse through...

Author: /time Magazine | Title: Parental Talks Can Make Kids Safer Drivers | 10/1/2009 | See Source »

Concerned citizens like Mewar and Razdan say that it's mostly through their efforts that some improvements have been made over the past 20 years. "Previously there were 100 latrines hanging directly over the lakes," says Razdan, an environmental enthusiast who heads Udaipur's Lake Conservation Society. Until six years...

Author: /time Magazine | Title: Saving India's Endangered Lakes | 9/30/2009 | See Source »

Blocking one-third of Iran's gasoline supplies might seem relatively simple. The country's imports come from a fairly small number of firms, including Swiss-Dutch companies Vitol and Trafigura and India's Reliance Industries. New U.S. sanctions would force those companies to choose between doing business in the...

Author: /time Magazine | Title: How Badly Would Sanctions on Gas Imports Hurt Iran? | 9/30/2009 | See Source »

U.S. officials believe going after oil imports may still be worth it. Rather than passing laws or attempting to push new sanctions through the U.N. Security Council - where Russia and China could veto them - officials are quietly approaching companies directly, convincing executives that the cost of doing business with Iran...

Author: /time Magazine | Title: How Badly Would Sanctions on Gas Imports Hurt Iran? | 9/30/2009 | See Source »

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