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...billion to the Alaskan economy annually - losing the bay even for a short time because of a spill would be "devastating," says Colburn. "We don't know the impacts on juveniles. We don't know the impacts on soft-shelled crab. To me, [oil exploration] is just such a near-sighted policy...

Author: /time Magazine | Title: Remembering the Lessons of the Exxon Valdez | 3/24/2009 | See Source »

...report detailing how the major credit-ratings agencies abetted the subprime-mortgage meltdown. By wildly overestimating the quality of the dicey securities that Wall Street was churning out, the ratings firms helped investors load up on those securities - the same ones that are now, in many cases, near-worthless and clogging up the financial system. Plenty of people at the ratings agencies were aware of trouble brewing. In December 2006, a manager at Standard & Poor's e-mailed a colleague: "Let's hope we are all retired and wealthy before this house of cards falters...

Author: /time Magazine | Title: How to Fix the Credit-Ratings Agencies | 3/23/2009 | See Source »

...near term, the Nano will have little effect on Tata Motors' revenue, adding just 3% to sales, analysts estimate. It will have even less impact on the company's ailing bottom line, because the Nano's profit margin is tiny, says Vaishali Jajoo, a senior automotive-research analyst at Angel Broking, an investment firm in Mumbai. "It will take at least four to five years to break even" and recoup the company's development costs, she says. There's more profit to be made from fully equipped Nanos with air-conditioning, power windows and upholstered seats, which cost about...

Author: /time Magazine | Title: The World's Cheapest Car Debuts in India | 3/23/2009 | See Source »

Previous diagnostic tests relied on characteristic changes that occur when the disease is already far advanced, at which point the patients are near death or require a heart transplant, Saffitz said...

Author: By Alissa M D'gama, CRIMSON STAFF WRITER | Title: New Test May Identify Deadly Cardiovascular Disease | 3/20/2009 | See Source »

...hoping it may lead not only to diagnosis of ARVC but also treatment in the near future,” said Shiva P. Gautam, one of the authors and an associate professor at the Medical School...

Author: By Alissa M D'gama, CRIMSON STAFF WRITER | Title: New Test May Identify Deadly Cardiovascular Disease | 3/20/2009 | See Source »

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