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Bryan Eshelman, a managing director in the retail practice at AlixPartners, a global business advisory firm, says the retail recovery has a long road ahead. "We're still about $25 billion [in retailer sales] below the autumn 2007 peak on a seasonally adjusted basis," he says...

Author: /time Magazine | Title: A Hopeful Economic Sign: February Retail Sales Jump | 3/12/2010 | See Source »

...search through the much vilified Intergovernmental Panel on Climate Change (IPCC) reports shows that absolute certainty is notably absent. In the most recent document, for example, published in 2007, the authors write: "Most of the observed increase in global average temperatures since the mid-20th century is very likely due to the observed increase in anthropogenic GHG [that is, human-generated greenhouse gas] concentrations." (See pictures of the effects of global warming...

Author: /time Magazine | Title: Report: The Case for Global Warming Stronger Than Ever | 3/12/2010 | See Source »

There's plenty more evidence in the Met Office report to support global warming. But the question from critics remains: how can we be sure this isn't just a natural phenomenon? Scientists haven't done a good enough job of communicating how they distinguish human versus natural influences, says Hegerl. The answer lies in climate models - massive computer simulations that allow the scientists to project climate effects in various scenarios, including those in which humans do not emit any greenhouses at all. "We go out of our way to check out other explanations - by assuming it's all explained...

Author: /time Magazine | Title: Report: The Case for Global Warming Stronger Than Ever | 3/12/2010 | See Source »

...mined in the central Appalachian Mountains, which stretch from Tennessee to Ohio, and nearly half of the electricity used by Americans is powered by coal. Despite ongoing talk of a new clean energy economy - "Whoever builds a clean energy economy...is going to own the 21st-century global economy," President Barack Obama said at a meeting of governors in Washington in February - coal is too plentiful in the U.S. to be abandoned. The International Energy Agency projects that global demand for coal will increase 53% between 2007 and 2030, and Secretary of Energy Steven Chu has said that coal will...

Author: /time Magazine | Title: In West Virginia, a Battle Over Mountaintop Mining | 3/12/2010 | See Source »

...Then the Irish economy collapsed in the global downturn, and people's attitudes toward the museum quickly changed. "Admission: one pot of gold, to be sure and begorrah," the Irish Sunday Tribune mocked in the headline of a derisive article about the museum last month. The blogosphere, too, has been fizzing with indignation in recent months. "Truly the Jedward of museums," railed one Twitter poster, referring to the Irish singing twins John and Edward Grimes, who appeared on Simon Cowell's The X Factor talent show in the U.K. and Ireland last year. (The twins became more famous for their...

Author: /time Magazine | Title: Ireland's New Museum for Leprechauns | 3/11/2010 | See Source »

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