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"The mystery is over," said James Goold, the lawyer representing the Spanish government, at a Madrid press conference on Thursday. "Odyssey stripped the gravesite of Nuestra Señora de las Mercedes." Although Odyssey representatives said they had sought to keep the shipwreck's exact location secret out of concern...

Author: /time Magazine | Title: Spain Claims Sunken Treasure | 5/8/2008 | See Source »

The deep surrendered one of its mysteries today. Ever since May 2007, when the American shipwreck salvage company Odyssey Marine gave its latest and most spectacular discovery the appropriately pirate-esque code name of "The Black Swan," controversy about the ship's true identity has spawned speculation and even litigation...

Author: /time Magazine | Title: Spain Claims Sunken Treasure | 5/8/2008 | See Source »

But according to the Spanish, both the wreck's location and the booty recovered from it clearly point to the Mercedes. "We have been able to pinpoint Odyssey's operations in international waters, and confirm that they were working where the Battle of Cape Saint Mary occurred," says Goold, referring...

Author: /time Magazine | Title: Spain Claims Sunken Treasure | 5/8/2008 | See Source »

Remember basic high-school science, where an electric current passed through water produces hydrogen and oxygen? Get the electricity from solar power, collect the hydrogen to use as fuel, and carbon doesn't even enter the equation. Honda, Mercedes-Benz, General Motors and BMW have new models that run on...

Author: /time Magazine | Title: Inbox | 4/25/2008 | See Source »

Papal Car Enthusiasts The customized Mercedes-Benz ML430 - otherwise known as the international Pope-mobile, as opposed to the one used in St. Peter's Square - will roll in Washington on Wednesday and Thursday. It will be in use in New York on Saturday after Benedict's 9:15 a.m...

Author: /time Magazine | Title: Pope's US Tour: A Substantive Guide | 4/15/2008 | See Source »

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