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...doesn't mean there aren't grim pockets elsewhere. By the end of March 2011, Deutsche Bank projects, 65% of borrowers in the Chicago metro area, 71% of those in the Baltimore and Portland, Ore., areas, and 77% in greater New York City will be underwater. On paper, that might look a lot better than the 93% Deutsche Bank is expecting for Fort Lauderdale, Fla., and the 92% figure for El Centro, Calif. But to the people living in those houses, unable to move, the relative good fortune will likely be little consolation...

Author: /time Magazine | Title: Half of All Mortgage Holders Expected to Be Underwater | 8/5/2009 | See Source »

...With the long nuclear winter finally over, you might think that execs at Areva, the world's biggest nuclear-energy company, are strutting just now. But you'd be wrong. The state-owned French giant is scrambling not just to rectify a series of snafus at a high-profile reactor it's building in Finland, but also to raise more than $10 billion in new capital and weather the loss of an important industrial partner. All that has raised concerns that CEO Anne Lauvergeon - who fused a disparate collection of firms into the first one-stop-shop nuclear conglomerate, winning...

Author: /time Magazine | Title: Areva's Field of Dreams | 8/5/2009 | See Source »

...beyond the complete inactivity involved with TV-viewing - which alone raises the risk of high blood pressure - children may be compounding their sloth by eating junk food. "A full bag of chips or a plate of hot dogs can disappear a lot more quickly while watching TV than they might at any other occasion," says Ludwig. And the types of foods that children are likely to be eating in front of the tube, like salty snacks, can push up blood pressure readings...

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

...Chrysler may be on their last legs - but small, visionary startup companies like Aptera Motors, Fisker Automotive, Tesla Motors and Bright Automotive are starting to sell their cool, cutting-edge, battery-powered cars, and a decade from now any one of them might be the household name that epitomizes our 21st century industrial rebirth. (I just drove in an Aptera. It looks like an awesome Jetsons vehicle, plugs into the wall, drives like a dream, goes 100 miles on a charge, costs under $30,000 - and I want...

Author: /time Magazine | Title: The Coming New New Economy | 8/4/2009 | See Source »

...radar sometimes. The media does a good job portraying conservatives as old white men who smoke cigars, but that's not it at all. I'm here with hundreds of conservative kids today. I actually think of a lot them are afraid to express themselves for fear their peers might look differently at them. I've had liberal professors who would purposefully single me out and say things just to get me riled up. I kind of took it as my duty to sit in class and give the other side, because nobody else was doing...

Author: /time Magazine | Title: Young and Conservative in the Age of Obama | 8/4/2009 | See Source »

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