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...safety record is also under fire. U.S. regulators are investigating BP's Texas operations, following a 2005 explosion at a refinery in Texas City that killed 15 people and injured more than 170. BP agreed to pay a $21.4 million fine in a partial settlement with Federal regulators. And in April, the U.S. Labor Department fined BP $2.4 million for safety violations at another refinery in Ohio; in a sharp rebuke, a U.S. Labor Department official stated that BP had ?failed to learn from the lessons of Texas City.? BP is contesting that fine, but in the wake...

Author: /time Magazine | Title: Is BP Really That Green? | 6/29/2006 | See Source »

...Meanwhile, despite reports that Bargewell's report would be delivered weeks ago, it appears that Lt. Gen. Peter Chairelli, the ground commander in Iraq, who ordered up the investigation, is still reviewing Bargewell's detailed report. "He is going over it with a fine tooth comb," says one defense official. "Given the interest in this case, everyone wants the first report to be comprehensive and answer all the possible questions...

Author: /time Magazine | Title: The Promotion After Haditha | 6/29/2006 | See Source »

...some reason, the first Blu-ray discs I tried in the player were spat out as unreadable. I tossed in a regular DVD, and it played just fine. Only after a day or so did the player inexplicably begin to recognize Blu-ray media. After its change of heart, I had no trouble with any discs, even ones it had previously rejected. Samsung assures me this problem can be solved with a firmware upgrade, administered via disc. The company also stated that its review samples were not from the same production run as the ones now in retail...

Author: /time Magazine | Title: Samsung BD-P1000 Blu-ray Disc Player | 6/28/2006 | See Source »

...that was fine to men like Rockefeller. "The day of combination is here to stay," he once said. "Individualism is gone. Never to return." He hadn't reckoned on Roosevelt. Five months into his presidency, T.R. took Wall Street by surprise. He launched an antitrust suit that demanded the breakup of Northern Securities, a holding company organized to consolidate three railroads in the Pacific Northwest. By targeting that company, Roosevelt had also chosen to move against the man who epitomized the empire of money, New York financier J. Pierpont Morgan...

Author: /time Magazine | Title: Fighting the Fat Cats | 6/25/2006 | See Source »

Does it really matter? As a friend said, "So what if the average American now has two close friends, not three? Two is plenty." But that's exactly like saying, "If global temperatures rise from 65°F to 70°F, I wouldn't even notice." That's fine, as long as you ignore the indirect effects, like mega-hurricanes in the Gulf...

Author: /time Magazine | Title: You Gotta Have Friends | 6/25/2006 | See Source »

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