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By the middle of the year, the federal government will own large, and in some cases, controlling interests, in two car companies and several major banks. There is a chance the the extent of rescue efforts and government ownership could move to auto parts suppliers and insurance companies. If the...

Author: /time Magazine | Title: If the Government Owns the Car and Bank Industries, How Does It Get Money Back? | 4/28/2009 | See Source »

In the U.S., where cases have also been found in California, Texas, and New York City, the declaration of a public-health emergency is part of what federal officials termed an "aggressive response" to the outbreaks. In addition to releasing from the national stockpile some 12.5 million doses of the...

Author: /time Magazine | Title: Swine Flu: 5 Things You Need to Know About the Outbreak | 4/27/2009 | See Source »

In February 1976, an outbreak of swine flu struck Fort Dix Army base in New Jersey, killing a 19-year-old private and infecting hundreds of soldiers. Concerned that the U.S. was on the verge of a devastating epidemic, President Gerald Ford ordered a nationwide vaccination program at a cost...

Author: /time Magazine | Title: How to Deal with Swine Flu: Heeding the Mistakes of 1976 | 4/27/2009 | See Source »

4 | New York City A Rebound on Wall Street Goldman Sachs made a startling announcement on April 14 that for once had nothing to do with bankruptcy or federal intervention. The bank posted better-than-expected earnings--more than $1.8 billion. More strikingly, the firm revealed it had sold $5...

Author: /time Magazine | Title: The World | 4/27/2009 | See Source »

She advises them to start small. But her dreams are getting bigger. Because children with dirty clothes and bodies have a tough time at school, she'd like to see laundry machines and showers there. She'd like federal assistance programs to start covering some hygiene items. And she'd...

Author: /time Magazine | Title: Starting a Diaper Bank | 4/27/2009 | See Source »

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