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...spreading easily from person to person - the main reason behind the WHO's decision to raise the pandemic alert from phase 4 to 5. In the U.S. there are now more than 90 confirmed cases in 10 states, with the first fatality reported on Wednesday morning - a 22-month-old Mexican boy who died in Texas. In Mexico more than 150 people have died of what is suspected to be swine flu, with more than 2,400 suspected infections - though only seven deaths and 26 cases have been confirmed as swine flu in a lab. (See pictures of thermal scanners...

Author: /time Magazine | Title: Why Border Controls Can't Keep Out the Flu Virus | 4/30/2009 | See Source »

...some of us, frugality is not new. I am semiretired. My husband is still working. Our home is paid for. We keep current with our bills, make payments on one vehicle and pay our credit card in full each month. Where is the problem? Health care is simply out of control. I was taken to the emergency room a few weeks ago. Ambulance bill: $959. Hospital bill: $13,830. Follow-up with a personal physician and specialist: $463. Total: $15,252 for a six-hour, non-life-threatening situation that was diagnosed incorrectly in the emergency room. No wonder...

Author: /time Magazine | Title: Inbox | 4/30/2009 | See Source »

...things getting done at once, its very fulfilling,” he adds. STUDENTS HELPING STUDENTSAnderson hires about 40 Harvard college students every school year to help in the file room. Students alphabetize, file, and “scrutinize” about once a month, after they have put together many applications.“We sit at a file drawer and look at every single piece of paper to make sure it’s in the right place,” says Adams. “We check to make sure the drawer is in alphabetical order...

Author: By Huma N. Shah, CONTRIBUTING WRITER | Title: Don't Touch That File | 4/30/2009 | See Source »

...Recent corporate performance underscores this growing divide. Li Rongrong, chairman of State-Owned Assets Supervision and Administration Commission, which runs more than 150 companies, recently told the state-run Xinhua news service that SOE profits surged 86% in March compared with the previous month. Li attributed the increase to government stimulus spending...

Author: /time Magazine | Title: Why China's State-owned Companies Are Making a Comeback | 4/29/2009 | See Source »

...global slump. As Beijing fights recession with a $586 billion stimulus package and as banks boost lending at the behest of the government, the private sector looks to be getting squeezed out. Loans to private firms in January totaled $61.7 billion, down $102.5 million from the previous month, even as total lending has swelled, according to the All China Federation of Industry and Commerce. It isn't just financing that is flowing to SOEs. So are revenues from Beijing's infrastructure-heavy stimulus package. State-owned companies maintain a strong presence in construction, the sector that will gain the most...

Author: /time Magazine | Title: Why China's State-owned Companies Are Making a Comeback | 4/29/2009 | See Source »

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