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...assumptions that oil prices will hover in the $130-to-$150-per-bbl. range through 2009, while car sales will fall to an annual rate of about 14 million units this year and next - a level last seen during the recession of the 1990s, when GM controlled just under one-third of the U.S. market. GM is still the nation's largest carmaker, but its market share is down to about 22% and its stock price has dropped to its lowest level in more than half a century, having fallen from the $20-per-share range in early June...

Author: /time Magazine | Title: General Motors' Garage Sale | 7/15/2008 | See Source »

...meanwhile, hasn't focused much on congressional races. Republicans have far more vulnerable seats - upwards of 10 in the Senate and 30 in the House - but their committees have raised one-third less money than their Democratic counterparts. So while Democratic donors have lots of exciting options vying for their wallets, GOP fund raisers seem less interested in Congress and more concerned with keeping the White House. "Our weakness is the House and Senate committees. But on the presidential side, we see a chance at holding the White House," said GOP strategist Brad Blakeman...

Author: /time Magazine | Title: Obama: The Half-Billion-Dollar Man | 7/15/2008 | See Source »

Unfortunately, that's exactly what appears to be happening around the world. According to a comprehensive survey by the Global Marine Species Assessment (GMSA) published Thursday in Science, one-third of the more than 700 species of reef-building corals are threatened with extinction. Compare that to a decade ago, when only 2% of corals were endangered. Using criteria established by the International Union for the Conservation of Nature - a group that publishes an annual Red List of threatened animals - that makes corals the most endangered species on the Earth. The assessment's results, presented at the annual International Coral...

Author: /time Magazine | Title: Coral Reefs Face Extinction | 7/11/2008 | See Source »

...Appropriate" is the key word - especially since a review study published last November in the New England Journal of Medicine determined that as many as one-third of all CT scans performed in the United States are unnecessary. The authors take issue with the "perhaps 20 million adults and, crucially, more than 1 million children per year in the United States [who] are being irradiated unnecessarily." Part of the problem, the authors say, is that patients are being prescribed multiple, unneeded CT scans, a predicament that could be avoided with better communication between physicians. "Having the same CT scan twice...

Author: /time Magazine | Title: How Dangerous Are CT Scans? | 6/27/2008 | See Source »

...Soon gardens began popping up everywhere, and not just American lawns - plots sprouted up at the Chicago County Jail, a downtown parking lot in New Orleans, and a zoo in Portland, Ore. In 1943, Americans planted 20.5 million Victory Gardens, and the harvest accounted for nearly one-third of all the vegetables consumed in the country that year...

Author: /time Magazine | Title: The Incredible, Edible Front Lawn | 6/26/2008 | See Source »

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