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...meantime, foreclosures and unemployment continue to tick up. According to RealtyTrac, an online foreclosure database, the number of properties receiving foreclosure notices in July totaled 360,149, up 7% from June and up 32% from the same month a year...
Magna's two biggest competitors, U.S.-based Lear Corp. and Delphi, are teetering on the brink of collapse. Lear filed for Chapter 11 bankruptcy protection a month ago, citing the need to restructure $3.6 billion in debt. Meanwhile, Delphi, a former GM subsidiary based in Troy, Mich., and that automaker's biggest parts supplier, emerged from bankruptcy protection in June after unloading $6.2 billion in pension liabilities on the Pension Benefit Guaranty Corp. (PBGC), a U.S. government agency whose job is to protect private pension plans. (See the 50 worst cars of all time...
Human trials began earlier in the month for an H1N1 vaccination, but McVay admits it may be December or January before vaccine recipients get the full benefit of immunization. "It takes two weeks to make antibodies, so you're just as vulnerable the day after as you were the day before," he says, adding that researchers are still unsure whether a booster shot will be needed. If it is, there will be a three-week delay before it can be administered, then an additional two-week wait for more antibodies to form. (What's behind the unproven swine flu vaccine...
...Ramadan fast. But Tirelli, a professor of integrated sports technique at Milan's Catholic University, warns against reducing athletic performance to a series of statistical charts. "It's right that we respect the values of science," he says. ""But mental strength, determination and, yes, religious force, for one month's time, can easily overcome the deficit in proper nutrition." (See a TIME video on Lebanon's landmine soccer team...
...case against them for belonging to an outlawed organization and suspected involvement in terrorist activity. Not only have these police coups struck a staggering blow to ETA's potential to carry out attacks, they also represent a symbolic slap in the face coming as they do less than a month after the organization marked its 50th anniversary of armed struggle for an independent Basque homeland with the bombings in Burgos and Majorca. (Read: "Basque Terrorist Group Marks 50th Anniversary with New Attacks...