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...first half, far worse than the $984 million shortfall recorded in the same period of 2008. A stellar six months at the investment-banking unit of London-based HSBC, meanwhile, helped prop up its falling profits. Income across Europe's largest bank fell to $5 billion, half the level hit a year earlier. At Barclays, the U.K.'s second-biggest lender, profits rose 8%, to $5 billion. (See pictures of London's financial crisis...

Author: /time Magazine | Title: For Britain's Banks, Latest Earnings Show an Uneven Recovery | 8/5/2009 | See Source »

...while there has always been some level of special access at the NYSE in the form of trading members who could do more than other firms, the big difference is that that list is public. The NYSE's push to keep the list of firms using co-location services private continues to keep what some consider a shady practice even more in the shadows...

Author: /time Magazine | Title: High-Frequency Trading Grows, Shrouded in Secrecy | 8/5/2009 | See Source »

...These results show that sedentary behavior, and more specifically television-viewing, is related to blood pressure independent of body fat or obesity level," says Dr. Joey Eisenmann, a kinesiologist at Michigan State University and one of the study's co-authors...

Author: /time Magazine | Title: Watching TV: Even Worse for Kids Than You Think | 8/4/2009 | See Source »

...ground level the legal options available in such cases are discouragingly few. Lawyers can search for inconsistencies in the documents filed with a court in a foreclosure action, creating enough extra time for a homeowner to find a job or to work out an agreement to modify the mortgage...

Author: By Max J Kornblith | Title: Back Home and Down to Earth | 8/4/2009 | See Source »

...wasn't like this before. In normal times, Iranians speak quite openly and publicly about politics and their government. Visitors to Tehran are regularly surprised by the level of candor and outright griping on the part of the citizenry. Taxi cabs in particular are hotbeds of sedition, roving confessional booths for those with grievances against the regime. With the crackdown ratcheting up by the day, such conversations became less common, taxi rides turned more subdued. Citizens fell back on the old Persian habits of evasion and mistrust. For all of the bravery witnessed in the gathering crowds, many us felt...

Author: /time Magazine | Title: A Reporter's Diary: Making a Tricky Exit From Iran | 8/3/2009 | See Source »

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