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Recessions tend to 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 »

...health-care legislation, the Senate is likely to approve some version of food-safety reform. The best assurance of stronger controls is the fear that inaction could lead to inevitable consequences. "What are they going to do," asks Foreman, "if there's another outbreak and they don't pass anything...

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

There are two kinds of people in this world: those who have never heard of the Swedish folk-rock band Peter, Bjorn and John; and those who already find their 2006 hit single "Young Folks" incredibly passé. Today's viral culture moves from one niche or fad to another with such fleeting attention that bands, people, websites, video clips - basically, anything made popular by the Internet - can rocket from nothing to everything and back again within months...

Author: /time Magazine | Title: The Internet's Short Attention Span | 6/11/2009 | See Source »

...majority United Russia Party to monitor joblessness in every region. On Tuesday, Russian President Dmitri Medvedev launched a set of meetings aimed at preventing further protests such as those carried out in Pikalyovo and later said he will sack regional employers who fail to tackle unemployment themselves and instead pass the responsibility on to Moscow...

Author: /time Magazine | Title: In Russia, a Recession-Plagued Town Revolts | 6/11/2009 | See Source »

...medal.“Looked like they got off to an atrocious start…it looked terrible,” Manning said.With 750 meters remaining, Cornell and Harvard were gaining ground on second-place Brown, and a frantic sprint to the finish allowed the Crimson to pass the Bears and come out ahead by less than four tenths of a second. The comeback came two days after the boat took first place over Cal in its heat, which gave it an automatic berth in the final.But in the regatta’s marquee event, the Harvard varsity eight came...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: Freshmen Heavyweights Pace Crimson at IRAs | 6/9/2009 | See Source »

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