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But in the class-certification hearing, an economist provided a regression analysis showing that the overall sales of the manufacturers actually decreased because of the agreements. Britax, for example, admitted that sales fell 5% in the two months after Internet discounting was prohibited. As for Babies "R" Us' argument that...

Author: /time Magazine | Title: Did Babies "R" Us Gouge Mommy and Daddy? | 7/21/2009 | See Source »

The actions taken last fall by the Fed, Treasury, Congress and governments around the world "may well have averted the collapse of the global financial system, an event that would have had extremely adverse and protracted consequences for the world economy," Bernanke said. Market improvements were already allowing the Fed...

Author: /time Magazine | Title: Bernanke Defends Fed's Actions Before Congress | 7/21/2009 | See Source »

Sergeant James DeFrancesco of the Cambridge Police declined to say whether the agreement represented any sort of admission of wrongdoing, or if there was a plea made, and said that police would have no further comment on the matter beyond the statement issued.

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Charge Against Gates To Be Dropped | 7/21/2009 | See Source »

WASHINGTON, D.C.—Due to the infinite wisdom I have gleaned from the past five and a half weeks here, I have come to find that many a life lesson can be drawn from the comedy “Arrested Development.” (A disclaimer: This might...

Author: By Aditi Balakrishna | Title: (Not So) Caged Wisdom | 7/21/2009 | See Source »

Whatever his intentions, Abbas' political weakness has effectively neutered him as an effective peace interlocutor. He is engaged in an epic power struggle with Hamas, which not only controls Gaza but also is the ruling party of the democratically elected Palestinian legislature. And his influence is waning even in his...

Author: /time Magazine | Title: Obama's Next Step in His Mideast Peace Plan | 7/20/2009 | See Source »

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