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Many had expected the earnings at financial firms to drop in the fourth quarter of 2009. A number of the biggest firms at the end of last year rushed to repay the tens of billions of dollars they had received under the government's Troubled Asset Relief Program. Analysts said the rapid exit would be costly but would ultimately show that the banks had done a lot to repair their finances...

Author: /time Magazine | Title: Bank Earnings: Economic Woes Persist | 1/20/2010 | See Source »

...study by researchers at the University of California, San Francisco (UCSF), Stanford University and Columbia University shows that even a modest decrease in daily salt intake can lead to dramatic health benefits. The authors documented an annual drop of as many as 120,000 cases of heart disease, 66,000 instances of stroke and 99,000 heart attacks caused by high blood pressure after a 3-g-per-day reduction in sodium. (See the best in health...

Author: /time Magazine | Title: Study: Cutting Salt Can Have Big Health Benefits | 1/20/2010 | See Source »

...wouldn't take much to accustom the American palate to less salty fare, she says. In the U.K., government regulations lowering salt in processed foods resulted in a 10% drop in salt intake by the population, with few, if any, mourning any loss in taste. (See the top 10 medical breakthroughs...

Author: /time Magazine | Title: Study: Cutting Salt Can Have Big Health Benefits | 1/20/2010 | See Source »

...about a year now, we've been hearing that commercial real estate is the next shoe to drop, the next big financial debacle. And for about a year now, the oft-predicted crisis has stubbornly refused to materialize. It's not that everything's fine in the commercial real estate business. Everything's awful and will probably get more awful. But unlike 2008's Wall Street panic, this particular financial unraveling looks as if it will play out over a period of years, not weeks...

Author: /time Magazine | Title: A Slow-Motion Wreck for Commercial Real Estate | 1/18/2010 | See Source »

Western governments have hit a snag in their demands that Uganda drop a proposal to impose the death penalty for homosexual behavior: it may have been partly inspired by Americans. A draft of the bill was introduced in April, a month after three Evangelical Christians gave talks on "the gay agenda" to politicians and police officers. The Americans have said they had no intention of stoking hatred; one called the bill "horrible...

Author: /time Magazine | Title: The World | 1/18/2010 | See Source »

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