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Fidelity fired a salvo two weeks later, when it cut trade commissions to a flat fee of $7.95 from previous rates that ranged from $8 to $19.95 depending on trading volume and asset size. E*Trade, best known for its popular talking baby ads, joined the battle in early February when it trimmed equity-trading fees for low-volume investors to $9.99 from $12.99, although it still maintained a premium deal of $7.99 per trade for higher-volume customers. Scottrade stayed put, as it already offers flat $7 trading fees. (See the top 10 worst corporate name changes...

Author: /time Magazine | Title: Brokers Wage a Price War on Commissions | 2/16/2010 | See Source »

...important is the fact that the DNA analyses put names to several of the unidentified mummies in the ancient Egyptian collection. By looking at overlaps in the subjects' genomes, the scientists were able to put together a plausible family tree. For example, they were able to identify a mummy known only as KV55 as probably being Akhenaten, the controversial pharaoh who radically reinvented Egyptian society. "It's really incredible," says Pusch, "that we've given a name to what was an anonymous mummy." (See "The Year in Health 2009: From...

Author: /time Magazine | Title: Study: Malaria, Not Murder, Killed King Tut | 2/16/2010 | See Source »

Another mummy, known as KV35YL, was identified as both the sister of Akhenaten and the mother of Tutankhamen, meaning that Tut was the product of a brother-sister coupling. "She cannot be Nefertiti," says Hawass, citing another popular speculation that Nefertiti, Akhenaten's chief consort, was Tut's mother, "but she can be any of the five daughters of Amenhotep [Akhenaten's father...

Author: /time Magazine | Title: Study: Malaria, Not Murder, Killed King Tut | 2/16/2010 | See Source »

About 2,000 people - including police, militants and civilians - have been killed in violence over the past few years. The rebels are also known as Naxals or Naxalites, after Naxalbari, the village in West Bengal state where their movement was born...

Author: /time Magazine | Title: Maoists Kill 24 Police in East India | 2/15/2010 | See Source »

...page report scrutinized moves by top political, economic and business leaders from the notoriously corrupt nations of Angola, Equatorial Guinea, Gabon and Nigeria to determine if they either violated or sought to side-step laws prohibiting money laundering. The report not only found evidence that several powerful officials (known as "politically exposed persons," or PEPs) exploited legal loopholes in moving suspicious funds to the U.S.; it also discovered that American bankers, lawyers and realtors were eager to facilitate those transfers. (See 25 people who mattered...

Author: /time Magazine | Title: How U.S. Legal Loopholes Are Aiding Money Launderers | 2/15/2010 | See Source »

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