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...even worse than the faltering first round did last month. The poor performance is causing some Fed officials to doubt the entire premise of the effort to restart nonbank credit markets. "We know there are people out there interested in putting subscriptions together," says a Fed official, "but the larger question is, Where is the market [for them...

Author: /time Magazine | Title: Still Few Buyers in Fed's Effort to Restart Lending | 4/9/2009 | See Source »

...tough acts to follow. Still, it surprised me that the DSi - the i refers to the personal pronoun - is a bit of a snooze in its ambitions and a mess in some of its execution. The device, which is a tad thinner than the DS and has slightly larger LCDs, comes with two motion-detecting cameras. One faces you, and the other points outward to snap images of your friends - thus giving your handheld more sensory inputs for better game play and amusing slide shows. There's even software that lets you take a picture of yourself and modify...

Author: /time Magazine | Title: Nintendo Disappoints with the New DSi | 4/9/2009 | See Source »

...take several years. In the meantime, there are still questions to be explored, including why the drug had little effect in eight of the subjects in the early clinical trial. Sawyers' team is working on an answer. It's possible that the drug may have to be given in larger doses to some patients or that some prostate cancers may mutate to the point where antiandrogen drugs are simply ineffective. "There could be changes that are preventing the drug from binding," he says. "It's a bit like trying to hit a moving target." But for now, MDV3100 offers some...

Author: /time Magazine | Title: Experimental Prostate-Cancer Drug Shows Promise | 4/8/2009 | See Source »

...Kowloon, the G.O.D. Street Culture Museum - named after Young's lifestyle and fashion brand - is not only a repository of items that have inspired Young's consummately Hong Kong sense of aesthetics, but an indication of what the city's people will preserve when so many of the larger conservation battles have been lost. Great Victorian edifices have been torn down and entire districts razed; in their place we have touching displays of children's toys, old phones and cameras, food and household-goods packaging, and a wall of old letterboxes. "It is ironic that disposable items are being kept...

Author: /time Magazine | Title: Pieces of Hong Kong's Past | 4/8/2009 | See Source »

...prompted howls of outrage from members of the government who are wary of his dealings with Nepal's influential southern neighbor. The Maoists, observers say, need to raise the specter of royalist nefariousness to boost their own flagging support. "They need to create a sense of threat, of a larger enemy, to distract the people from their failings," says Dixit...

Author: /time Magazine | Title: Revisiting Nepal's Palace Massacre | 4/8/2009 | See Source »

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