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Amid the tide of red ink flowing from many of the world's largest banks these days, big profits seem out of fashion. On Tuesday alone, Deutsche Bank announced its first quarterly loss in five years, while HBOS, the U.K.'s biggest mortgage lender, said it would replenish its depleted coffers with an $8 billion share sale. Both firms announced billions of dollars of fresh write-downs...

Author: /time Magazine | Title: BP and Shell Downplay Record Profits | 4/29/2008 | See Source »

...former for best position at a press conference. At this particular press conference, we were to hear from the family of amateur triathlete David Martin, 66, whose legs were chewed apart by a shark as he was swimming in the Pacific on Friday morning, and who died from blood loss a few minutes later, probably before his swimming companions could pull his snow-white body to shore. His family had agreed to speak to the media after two days of mostly respectful but unsettlingly urgent requests from around the globe for shark-kills-man details. Something like 100 news outlets...

Author: /time Magazine | Title: Shark Frenzy in Solana Beach | 4/28/2008 | See Source »

...made him a hot commodity in the jazz business.In 1956, Golson began working with Dizzy Gillespie’s band, performing at acclaimed venues such as the Apollo Theatre in New York. In the same year, a car accident claimed the life of young trumpeter Clifford Brown, and the loss was devastating to Golson and his contemporaries. Golson and Brown had played together with Dameron in the early 50s, and in memory of his friend’s death, Golson wrote the song “I Remember Clifford.”“Dizzy Gillespie asked...

Author: By Noël D. Barlow, CONTRIBUTING WRITER | Title: Along Came Benny: Golson Talks Jazz | 4/25/2008 | See Source »

With a chance to hand Yale a winless Ivy season, a loss on senior day, and to avenge last year’s 9-8 loss—the Crimson’s first to the Bulldogs since 2003—Reese Stadium is bound to see an all-out battle tomorrow afternoon...

Author: By Madeleine I. Shapiro, CRIMSON STAFF WRITER | Title: Harvard to Play Spoiler at Yale | 4/24/2008 | See Source »

...fact, the Obama campaign took pains to strike a positive note a day after Obama's nearly 10-point loss in Pennsylvania, which some pundits attributed to the negative tone of campaigning between the Illinois Senator and Clinton in the weeks ahead of the Keystone primary. Obama campaign manager David Plouffe vehemently disavowed a Washington Post report Wednesday that they intended to go heavily negative following the loss in Pennsylvania-dredging up old sores such as former President Bill Clinton's impeachment and the Whitewater scandal. "We are not going to talk about those issues in the campaign...

Author: /time Magazine | Title: Should Obama Play Rougher? | 4/23/2008 | See Source »

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