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...utilities in California and Texas. These changes would also help utilities even out the peaks and valleys that come with providing power. "The hope is that we'll be able to actively regulate our grid to improve efficiency," says Brian Wynne, president of the D.C.-based Electric Drive Transportation Association. "There is tremendous potential...

Author: /time Magazine | Title: Is America Ready to Drive Electric? | 9/16/2008 | See Source »

...company that wants to develop a vast infrastructure of public charging and "battery swap" stations. Agassi imagines a subscription model similar to how mobile phones work. Drivers would lease the batteries that power their electric cars, and be charged based on how much they drove. If they needed to drive farther than the range of the battery, drivers would pull over into a Better Place station and swap the depleted battery for a fresh one in a few minutes. Agassi already has commitments from Israel and Denmark to begin developing the model, and Nissan is aboard to make the cars...

Author: /time Magazine | Title: Is America Ready to Drive Electric? | 9/16/2008 | See Source »

...drive to increase career options was also a priority of Wright-Swadel, whose popularity among students was high throughout his tenure...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Mount Assumes Helm of OCS | 9/16/2008 | See Source »

...question remains whether, as Lehman begins the forced selling of its more troubled assets, that will drive prices for some real estate securities down so far that other firms land in trouble as well. Merrill Lynch North American economist David Rosenberg predicts that Lehman's demise will begin a long, painful process of unraveling trillions of dollars in derivatives "to identify how big the potential losses are and where they are being held...

Author: /time Magazine | Title: Wall Street Feels the Shock Waves: Bad But No Chaos | 9/15/2008 | See Source »

Others sought to lend what assistance they could. Having been unable to break through the firm's jammed phone lines, Jason Cohen, a psychiatrist in private practice, made the one hour, 40 min. drive Monday morning from Freehold, N.J. with the intention of offering counsel to dumbstruck employees. But after witnessing the scene unfolding on the sidewalk, he decided to hold back. "I don't have the heart to approach people carrying boxes out of their offices," he says...

Author: /time Magazine | Title: For Lehman Staffers, a Long Walk Home | 9/15/2008 | See Source »

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