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...European publishers] were not party to the original discussions [about the settlement], so feel doubly disgruntled," Philip Jones, managing editor of the British trade magazine The Bookseller, tells TIME. He points out that Google's recent overtures are in fact clarifications rather than concessions: "Google is merely agreeing to respect international copyright law." (See the top 10 fiction books...

Author: /time Magazine | Title: European Publishers Fight Against Google Books | 9/10/2009 | See Source »

...panel had talked to complained that the continued weakness of a number of the nation's largest banks was hurting the economy. He asked Geithner if he thought "zombie" banks were a problem. Geithner noted specifically that he didn't think Citigroup was a "zombie." He added that the fact that many of the banks have been able to raise private capital shows that TARP has improved their prospects...

Author: /time Magazine | Title: Geithner Defends First Year Of TARP | 9/10/2009 | See Source »

...Geithner responded that he didn't think that was a failing of TARP. Instead, he said the fact that some banks continue to grow underscored the need for financial regulation reform, especially the need to give regulators the power to wind down large financial institutions...

Author: /time Magazine | Title: Geithner Defends First Year Of TARP | 9/10/2009 | See Source »

...Kyoto Protocol, were supposed to cut emissions 5.1% over 1990 levels by 2008-12, she explains. But barring the economies in transition (like those of Eastern Europe, whose economies collapsed following the breakup of the Soviet Union), developed countries' emissions actually increased 14.5% during this period. "The fact is, even if India stopped breathing today, the West would have to undertake cuts at home to save the world from an ecological catastrophe," says Narain. More crucially, she adds, "there is no serious effort towards lifestyle changes in the west. Households need to consume less. More people need to take public...

Author: /time Magazine | Title: Behind India's Intransigence on Climate-Change Talks | 9/10/2009 | See Source »

...ethical consumer. Just as our DNA as Americans contains a commitment to volunteerism and civic participation, there is a new social contract evolving between many Americans and businesses about what goes into making the products we buy. This does not change the need to serve in traditional ways. In fact, according to our poll, ethical consumers in the past year volunteered at higher rates than the rest of the population...

Author: /time Magazine | Title: Doing Well by Doing Good | 9/10/2009 | See Source »

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