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...downturn's effects are visible everywhere: Harrah's recently halted construction of a $700 million casino project on Mississippi's Gulf Coast, leaving barely a set of pillars, and threatening the recovery of an area battered by a series of hurricanes earlier this decade. Meanwhile, bankers in Charlotte, N.C., are awaiting their walking papers: No one knows how many of Wachovia's roughly 20,000 employees there will be cut in the company's merger with Wells-Fargo. Or how many of Bank of America's 15,000 Charlotte employees will survive the company's plans to shed some...

Author: /time Magazine | Title: Southeastern States Are Hit Hard By Recession | 4/18/2009 | See Source »

SLAM members also advertised their cause in Annenberg earlier this week with banners and pamphlets. One banner, reading “Greed is the New Crimson. No Layoffs!” made another appearance at the Faculty of Arts and Sciences town hall budgeting meeting on Tuesday...

Author: By James Fish, CONTRIBUTING WRITER | Title: SLAM Protests Staff Layoffs | 4/17/2009 | See Source »

...protest leader whose followers commandeered Bangkok's international airport for eight days last December was shot early Friday morning in Bangkok in an apparent assassination attempt, shattering hopes for calm and political reconciliation following the dispersal of violent anti-government demonstrations earlier this week that paralyzed the Thai capital, brought the army on to the streets, and forced the cancellation of a summit of regional leaders...

Author: /time Magazine | Title: Thai Hopes for Healing Fade After Protest Leader Shot | 4/17/2009 | See Source »

...after the ASEAN summit debacle. Thaksin is believed to be living in Dubai, but the English-language daily The Nation reported on Thursday that a Dubai newspaper wrote he had flown to Africa. The government of Nicaragua also issued a statement that it had granted Thaksin a passport earlier this year to serve as a "special envoy" to seek investment for that country...

Author: /time Magazine | Title: Thai Hopes for Healing Fade After Protest Leader Shot | 4/17/2009 | See Source »

...boasts over 20 million users, plans to appeal the court's conviction. During the online press conference, Sunde scoffed at the fine thrown at the firm, holding up a scribbled I.O.U. to the camera. "Stay calm," he appealed to users on Twitter a little while earlier, "nothing will happen to [The Pirate Bay], us personally, or file sharing what so ever ... this is just theater for the media...

Author: /time Magazine | Title: The Pirate Bay Guilty of Breaching Copyrights | 4/17/2009 | See Source »

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