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...world has changed for print media. On Jan. 9, the Hearst Corp. announced that the financially strapped paper was for sale. If no buyer could be found within 60 days, the paper would be forced to close its doors or produce a Web-only version with a fraction of its staff. The P-I's demise is a sign of the times, coming in the wake of the Feb. 27 closure of Denver's Rocky Mountain News weeks short of its 150th anniversary, while the San Francisco Chronicle, another Hearst paper, has been put on notice that its days...

Author: /time Magazine | Title: After the P-I's Demise, Will Seattle News Live? | 3/17/2009 | See Source »

...very small fraction of people infected with HIV, the body's immune response is able to control the virus and prevent it from progressing to full-blown AIDS. Rockefeller scientists found six such people with high levels of the antibodies that inhibit HIV proliferation and keep it from invading new cells. Taking blood samples from these special few, the researchers isolated the antibodies and set about discovering how they work...

Author: /time Magazine | Title: A New Approach to Designing the AIDS Vaccine | 3/16/2009 | See Source »

...course, a mathematician can show anyone who has a minute's time that the markets can go down for a nearly infinite number of days if the decreases get smaller and smaller. For investors who want to get a small fraction of their investments back sometime in the next decade this sort of academic argument may be didactic, but it has no practical use. What is likely to happen to the market is that it will fall another 15% or 20% and then trade sideways, perhaps for several years. That is what happened from 1965 to 1981.There were peaks...

Author: /time Magazine | Title: The Market Can't Keep Going Down | 3/6/2009 | See Source »

...being charged the most. Insurance companies, with large numbers of customers, have the financial muscle to negotiate low rates from health-care providers; individuals do not. Whereas insured patients would have been charged about $900 by the hospital that performed Pat's biopsy (and pay only a small fraction of that out of their own pocket), Pat's bill was $7,756. For lab work - and there was a lot of it - he was being charged as much as six times the price an insurance company would pay. One pathology lab's bill alone was $3,290. (Facebook users, comment...

Author: /time Magazine | Title: The Health-Care Crisis Hits Home | 3/5/2009 | See Source »

...through the tragedy of a self-correction that combines agony and duration. The economy may run through a cycle in which unemployment increases until labor costs fall to a nearly unimaginable level. Businesses will begin to hire again because they will have access to skilled workers at a fraction of what those people would have cost them a year ago. If that is the solution to the labor problem, the end of the recession is a long way from here...

Author: /time Magazine | Title: February Job Losses: Have We Reached Bottom Yet? | 3/4/2009 | See Source »

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