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This sort of constant improvement pays off: two-thirds of all searches in the U.S. are now conducted through Google - about 7 billion a month. Yahoo! has less than 20% of the market, and Microsoft less than 10%. Despite Microsoft's claims, most people think Google works pretty well...

Author: /time Magazine | Title: Can Microsoft's Bing, or Anyone, Seriously Challenge Google? | 8/31/2009 | See Source »

...Africa Lost and Found A Russian-manned, Maltese-flagged freighter, which vanished last month after a reported hijacking in the Baltic Sea, was recovered along the west coast of Africa on Aug. 17 by Russian officials. If confirmed, the hijacking of the Arctic Sea would be the first act of piracy in European waters since the 17th century...

Author: /time Magazine | Title: The World | 8/31/2009 | See Source »

...North Carolina Cheers, Dad Binge drinking isn't just for college students anymore. A recent Duke University study found that 23% of men and 9% of women over 50 have more than five drinks in one sitting at least once a month--a level of consumption that researchers warn can pose serious health risks. Those who overindulged, the study found, were often coping with such problems as unemployment, divorce and prescription-drug abuse...

Author: /time Magazine | Title: The World | 8/31/2009 | See Source »

...went up and up while rents stayed relatively flat, meaning you could get a lot more bang for your buck by choosing a lease over a deed. Now, with the housing market in a pulp, the tables are turning. Choe's most recent rental cost him $1,500 a month. His new mortgage payment, for a same-size house, is $1,570 (after a 20% down payment). "Not a bad deal," he says - especially considering that once Choe takes into account the money he saves on taxes by deducting his mortgage interest, his new payment is actually a couple...

Author: /time Magazine | Title: Own-ward Bound? | 8/31/2009 | See Source »

...profit motive. And without question, Goldman Sachs under Blankfein has recalibrated, in very large numbers, its place as Wall Street's most astute, most opaque and most influential firm. In the first and second quarters of 2009, the company earned $5.3 billion in net income, the most profitable six-month stretch in Goldman's history. Goldman's stock has more than tripled since its low last November, to more than $160 per share...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

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