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...shake up the corporate status quo. Under the stress of collapsing demand and tighter credit, companies that seemed solid are exposed as dangerously flawed, while others panic, slash costs, hunker down - and pass up chances to gain on their competition in ways that would be impossible in a normal economic climate...

Author: /time Magazine | Title: Storm Riders | 6/15/2009 | See Source »

Nevertheless, Mindell believes that parents should build bedtime routines that promote sound rest, though that doesn't necessarily mean babies must sleep through the night. "Waking is normal," she says. "All babies wake somewhere between two and six times per night...

Author: /time Magazine | Title: Advice for Coddling Parents: Put Baby to Bed Alone | 6/13/2009 | See Source »

...food-contamination scandal grips the nation, playing out in the same troubling way. Someone dies of a food-borne infection with a scary Latin name. The government recalls a dinner-table staple and traces its contamination to dirty irrigation water or a processing plant. Everything returns to normal until the next case of killer spinach or poisoned peanuts stalks the nation...

Author: /time Magazine | Title: Congress Finally Gets Tough on Food Safety | 6/12/2009 | See Source »

...service--were given a 45-day consideration period during which they could decide to accept the incentive, followed by a 7-day period during which they could reconsider. The first wave began on Feb. 17, and the second began on March 16.Galvin said that in addition to Harvard's normal pension benefits, staff members who accepted the buyout packages received a one-time retirement lump-sum payment equal to one year's annual salary, a "bridge benefit" of $750 per month until Social Security eligibility at age 62, and a waiver on the "rule of 75"--which stipulates that...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: 531 Staffers Take Buyout Package | 6/11/2009 | See Source »

Still, it is likely to be a while before we hit that new normal. Rosenberg points out that during the Great Depression, the worst of GDP contraction and stock-market losses had hit by the early 1930s. And yet the malaise carried on for the rest of the decade. Unemployment hung above 15%, and people didn't spend money. "Even people who had the means didn't go on buying sprees. That's not how they lived," says Rosenberg. We may now be in for some of the same...

Author: /time Magazine | Title: A Drag on the Economic Rebound: Consumer Spending | 6/10/2009 | See Source »

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