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...York City Let the Good Times Roll! The recession has been kind to Goldman Sachs. After reporting $23.2 billion in net revenues at 2009's halfway mark--a 31% jump from June 2008--the investment-banking giant is on track to dole out some of the largest bonuses in its 140-year history. In June, Goldman paid back the $10 billion in TARP funds it accepted, and analysts say the move underscores Wall Street's willingness, after its nuclear winter, to embrace risk once again...

Author: /time Magazine | Title: The World | 7/27/2009 | See Source »

...helps that fishing is what defines Bristol Bay. At the main port of Dillingham, the biggest news story of early summer is the catching of the first king salmon of the season. Bristol Bay's commercial fishermen - including the stars of the Discovery Channel reality show The Deadliest Catch - net hundreds of millions of dollars' worth of seafood. But everyone fishes - Todd Palin, Alaska's First Dude and a Dillingham native, has a reserved spot on a local beach. (See pictures of Sarah Palin on the campaign trail...

Author: /time Magazine | Title: Postcard from Bristol Bay | 7/27/2009 | See Source »

...DIYers seek advice on topics like "How to Run Bathroom Plumbing," will pay any Joe Blow for content. All writers are welcome, regardless of expertise or ability to string sentences together. Since 2007, the site has paid its Everyman scribes more than $1 million. A single how-to might net all of $20 a year, but the prolific can earn much more. Maria O'Brien, a stay-at-home mom in northern Virginia, has written 367 (and counting) articles, for which eHow deposits some $1,500 a month into her PayPal account. "The stories are not hard to write...

Author: /time Magazine | Title: eHow to Make Money | 7/27/2009 | See Source »

...billion. The percentage of loans the company expects to go unpaid also continued to rise, though slightly less than before. Still, Citi's loans are going bad faster than those of many of its rivals. In the third quarter, the bank had a so-called net charge-off ratio, which is the percentage of loans that are likely to not be paid back compared to total loans, of 5.1%, according to CreditSights. That compares to a charge-off ratio of 2.6% for JPMorgan and 3.6% for Bank of America...

Author: /time Magazine | Title: Can Citi Ever Turn It Around? | 7/23/2009 | See Source »

Donnelly explained that the display room has always been a net loss for HUP, but it was a cost that they were willing to subsidize until now. She said publishers have been dealt a “double-whammy” by the financial crisis and the transition to digital media...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Harvard University Press Closes Display Room, Goes Digital | 7/23/2009 | See Source »

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