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...rumored to be pondering the development of its own e-reader to rival the Kindle. (The retailer already has a partnership to sell e-readers made by IREX, a spin-off of Holland's Royal Philips Electronics.) Major newspaper and magazine publishers, which are suffering mightily from the loss of subscribers and advertisers to the recession and the Internet, are also getting involved. News Corp. chairman and CEO Rupert Murdoch, owner of the Wall Street Journal, is reportedly considering a deal with Japanese consumer-electronics giant Sony, which in 2004 introduced the first commercially viable e-reader...

Author: /time Magazine | Title: Kindle Killers? The Boom in New E-Readers | 10/11/2009 | See Source »

Meager monsoons mean meager crops, and meager income, for Indian farmers. This year alone, the loss to crop yields and property in the two states has totaled almost $7 million. Dr. William Cline, a senior fellow at the Center for Global Development (CGD) and the Peterson Institute for International Economics says that of all the potential damage that could occur from climate change, damage to agriculture is likely to be the most devastating. "In the southern parts of India, damage will be substantial and similar to that in other countries also located close to the equator," he says. "In these...

Author: /time Magazine | Title: India's Floods Reveal Climate Change Specter | 10/11/2009 | See Source »

...Then fortunes turned. Demand for Crocs, which are named after a crocodile because they can be worn on both land and in the water, began to cool in early 2008. Throw in the global downturn and sales tumbled 15% to $721.5 million in 2008, leading to a loss of $185 million, following a profit of $168 million a year earlier. Its share price plummeted from a high of $74 in November 2007 to a low of just $1.05 last November. It was, says John Duerden, Crocs' chief executive, "the perfect storm." (See pictures of 23 years of Air Jordans...

Author: /time Magazine | Title: Can Crocs Be More Than a One-Hit Wonder? | 10/9/2009 | See Source »

...magnitude of the dangers of Wilson’s journey would escape one’s imagination until he describes the loss of his comrades...

Author: By Christen B. Brown, CONTRIBUTING WRITER | Title: Bringing the High Seas Home | 10/8/2009 | See Source »

...look back in anger." Several of his former advisers say he is still sore at many of his fellow Republicans who mocked his selection of Palin or who McCain believes did not work overtime to help him. His friends blame the media and the economy for McCain's loss, while former aides grumble about Palin and the general embarrassment she engendered for the GOP. By all accounts, McCain - who declined to include Palin on a list of potential 2012 candidates during a Tonight Show appearance in April - is dreading what Palin might say in Going Rogue, her book...

Author: /time Magazine | Title: John McCain: Can He Mend Fences with the Right? | 10/8/2009 | See Source »

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