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President Barack Obama has promised change for America, but when it comes to environmental regulations, he's still in the grip of yesterday. In his last few months in office, former President George W. Bush's Administration pushed through over 150 "midnight regulations," many of them weakening existing environmental protections. Although Obama is now in charge, most of Bush's new rules are on the books, and changing them will take time and effort from an already burdened White House. "The Obama Administration will be saddled with reversing harmful Bush rules at the same time that Obama wants to enact...

Author: /time Magazine | Title: Obama Cleans Up After Bush | 1/24/2009 | See Source »

...online hub for college students, its fastest-growing demographic is the over-25 crowd, which now accounts for more than half of the site's 140 million active members. Why is Facebook catching on among harried parents and professionals? "It makes me feel like I have a grip on my world," says Emily Neill, a 39-year-old single mother of two. Neill isn't a techie, per se - "I'll never have a phone that does anything but make calls," says the fashion consultant in Watertown, Mass. - but she stays logged on to Facebook all day at work...

Author: /time Magazine | Title: Does Facebook Replace Face Time or Enhance It? | 1/18/2009 | See Source »

...Pilot Don Usher lowered the copter until its skids touched the water; his partner, Eugene Windsor, scooped her up in his arms. Then Priscilla Tirado, 23, grabbed the preserver, but as she was being helped out of the icy river by Fellow Passenger Joseph Stiley, she lost her grip. Lenny Skutnik, a clerk for the Congressional Budget Office who was watching from the shore, plunged into the water and dragged her to land. But the most notable act of heroism was performed by one of the passengers, a balding man in his early 50s. Each time the ring was lowered...

Author: /time Magazine | Title: Archive: Plane Crashes Into Potomac River | 1/15/2009 | See Source »

...death toll to over 1,060. Witnesses described thousands of families carrying babies and pushing their elderly in wheelchairs to flee Israeli tanks. Civilians in the densely packed slice of land carpeted with teeming slums are finding themselves with no safe places of refuge as the Israelis tighten their grip. TIME correspondent Azmy Keshawi recounted the scene in his neighborhood: "We knew that an Israeli sniper was on top of the next-door apartment building. As one of our neighbors tried to leave the building, he was shot four times and just bled to death. There was nothing we could...

Author: /time Magazine | Title: Gaza Fighting Intensifies Despite Truce Talks | 1/15/2009 | See Source »

...Worker, Retiree and Employer Recovery Act signed by President Bush last month will help a bit by giving pension-plan sponsors more time to get a grip on asset losses. Even so, 2009 will present a costly pension-plan repair bill...

Author: /time Magazine | Title: Pension Losses Could Whack 2009 Corporate Profits | 1/12/2009 | See Source »

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