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...plan to fix the SEC. The initial actions were heard Friday in a speech at the Practising Law Institute in Washington. In what Schapiro calls her first two significant moves as chief, she is abolishing the agency's two-year-old failed "penalty pilot" experiment and dismantling a burdensome full-commission "pre-approval" process, which often delayed enforcement efforts "for weeks," she said. The announcements brought applause from the lawyers in attendance...

Author: /time Magazine | Title: Mary Schapiro Moves Quickly to Shake Up the SEC | 2/11/2009 | See Source »

...year. Analysts predict that specialty arts-and-crafts stores should thrive as more consumers choose handmade over store-bought gifts. The website for specialty retailer Michaels details dozens of ideas for making cards, scrapbooks and jewelry. Since the holiday falls on a Saturday in 2009, couples can spend a full day at a museum - or at a picnic, if the weather permits. During these stressful times, people still want to huddle with their loved ones. "We won't see people saying, 'O.K., Valentine's Day has been cancelled,' " says Van Horn. "People will still give their loved ones what they...

Author: /time Magazine | Title: Shoppers Showing No Valentine's Love for Retailers | 2/11/2009 | See Source »

...green isn't crashing, as many believe, why does Makower insist the "glass is half full?" Just as it is in the political sphere, the pace of change in business isn't anywhere near fast enough to meet the challenge posed by climate change, dwindling resources and myriad other environmental problems. Makower notes that carbon intensity - the amount of greenhouse gases emitted per unit of GDP - decreased by 0.6% in 2008, the smallest decrease since 2002. (The faster carbon intensity decreases, the more output businesses get for their carbon.) The failure of green business so far to produce a Google...

Author: /time Magazine | Title: Being Green May Help Business in Bad Times | 2/11/2009 | See Source »

...Sunday morning, as weeping survivors emerged from the ruins to tell of corpses beside roads and of missing relatives and neighbors, the full extent of the disaster began to dawn. More than 200 people died in just a few days, the worst peacetime loss of life in mainland Australia's history...

Author: /time Magazine | Title: The Moment: Kinglake | 2/11/2009 | See Source »

...national government. Via a competitive admissions process akin to the military academies—where admissions rates can be lower than Harvard’s—students would earn a four-year scholarship to study liberal arts as well as a specific public service field. At its full capacity, the academy would serve approximately 5000 students a year; upon graduation, these students will fulfill a five-year service requirement in areas of critical need: teaching in a rural school in Mississippi, for instance, or working for the Federal Emergency Management Agency...

Author: By Gracye Y. Cheng | Title: Making Change Last | 2/11/2009 | See Source »

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