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...could drastically reduce the Colorado River's flow--even as the Southwest continues to expand. Scientists at the Scripps Institution of Oceanography in La Jolla, Calif., last month estimated that there is a 50% chance that Lake Mead could be effectively dry by 2021 if the climate changes as forecast and water use is not curtailed. "I think we're at or beyond the level of water in the Southwest at which civilization can be sustained," says Tim Barnett, a research marine physicist at Scripps who co-authored the study...

Author: /time Magazine | Title: Postcard: Lake Mead | 3/20/2008 | See Source »

...some of Japan's largest corporations and exporters, since a higher yen value makes exports from the likes of Sony and Sharp to Toyota and Honda less competitive. On Thursday, Toyota Motor Corp. president Katsuaki Watanabe said that his company will need to maintain profit growth, since it forecast record profit for this fiscal year when the dollar was about 113 yen. For every yen the dollar drops, Toyota's operating profit falls...

Author: /time Magazine | Title: Japan's Strong Yen Problem | 3/14/2008 | See Source »

...them have struck me by their total lack of interest in wielding influence," he says. "They're not motivated by that stuff. They want money." Foxtel is the jewel in the CMH satchel. After losing $104 million in 2005, it turned a $62 million profit last year - and analysts forecast rapid growth as it increases its 29% penetration of Australian homes...

Author: /time Magazine | Title: Back in Business | 3/7/2008 | See Source »

...feel it? Spring is just around the corner. Yes, the weather is still cold and yes, snow is still in the forecast, but this weekend the Harvard Track and Field squad will travel to Ithaca, N.Y. to compete in the Indoor Heptagonal Championships, which caps off the 2008 winter season. “When we’re in the doldrums of December, when the spring season seems far off, we always look forward to Heps,” men’s captain Brian Holmquest said. “It brews in us.” Second only...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: Spring's In the Air With Heptagonals On Horizon | 2/26/2008 | See Source »

...clear that mild and short is what the U.S. will get. Merrill Lynch & Co. put out a chilling forecast on Jan. 22, saying that the U.S. housing debacle has a long way to run. According to Merrill, nationwide home prices could fall 25 to 30 percent from present levels, which, if true, would put U.S. consumption on ice for a prolonged period...

Author: /time Magazine | Title: World Markets Catch a US Cold | 1/23/2008 | See Source »

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