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...cured them. After all, if he never bet against conventional wisdom, Murdoch would still be the proud owner of the Barrier Miner - the local paper of the outback town of Broken Hill, Australia - and nothing else...

Author: /time Magazine | Title: Will Rupert Murdoch Be the Pied Piper of Paid Content? | 8/11/2009 | See Source »

There are a lot of people right now on Capitol Hill who are saying, "We need more from him. He's got to tell us where his bright red lines are on this." The truth is, we've actually, I think, provided more guidance than has been advertised. I mean, if you think about how we've moved this forward, we didn't simply put out some broad principles. We were fairly specific. We said we need to have insurance reform, and that's going to include things like preventing insurers from dropping people because of pre-existing conditions...

Author: /time Magazine | Title: Obama: 'This Has Been the Most Difficult Test for Me.' | 8/10/2009 | See Source »

...Tobacco's New Targets," by Jeffrey Kluger, in which both North and South Carolina are listed as states with no restrictions on smoking in restaurants [July 27]: I am extremely pleased to report that in Rock Hill, S.C.--and, as of Jan. 2, 2010, in all of North Carolina--restaurants are smoke-free. Patronage has increased, and there's a new, fresh ambiance in all of them. In Rock Hill--one of several areas in the state to pass such a law--the new ordinance went into effect on May 1, though several restaurants had by then already banned smoking...

Author: /time Magazine | Title: Inbox | 8/10/2009 | See Source »

...trying to assess if the house had been booby-trapped or if the suspect was holding any hostages. After sending in a small robotic camera on wheels, both possibilities were ruled out, allowing police to fire on the barn-like structure set between a rice field and a small hill, from where more than 150 police surveyed the hideout. When asked by police to identify himself and surrender, the suspect yelled that his name was Noordin M. Top but refused to come out. It is not yet clear whether Top blew himself up, as he was believed to have...

Author: /time Magazine | Title: Indonesia's Most Wanted Terrorist is Reported Killed | 8/8/2009 | See Source »

Obama and Geithner have met stiff resistance from both the semi-independent regulators and Capitol Hill. "No one's supporting the Administration proposals," says a senior official at one of the regulatory agencies. "Everyone's opposed in one way or another." Some Senators, including the banking committee's top Republican, Richard Shelby, dislike the broad regulatory and oversight powers of the consumer-protection agency and are strongly opposed to increasing the power of the Federal Reserve. Other regulators, like the FDIC and the Comptroller of the Currency, don't want to lose their power to supervise banks and financial institutions...

Author: /time Magazine | Title: Geithner vs. the Regulators: A Time for Swearing | 8/6/2009 | See Source »

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