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...priced tickets are donated. However, with an interpretation of honesty that Bill Clinton would be proud of, there are often no actual profits—and consequently, no donations. To market an event based on the assumption of charity and then fail to give away a cent is the peak of hypocrisy. Equally reprehensible is the tacit acceptance suggested by the administration’s failure to enforce these organizations’ promises. Commitments to charity must be genuine, not merely a form of image marketing. If student groups advertise a charitable cause, they should be forced...

Author: By Olivia M. Goldhill | Title: Charitable Misgivings | 5/20/2009 | See Source »

...trade until the early part of this year," says P.K. Basu, Asia economist for the Daiwa Institute of Research. Mirroring that drop is the Baltic Dry Index, which tracks the average cost of shipping a container of goods. It has plummeted more than any stock market, from a peak of 11,000 in mid-2008 to roughly 2,600 today...

Author: /time Magazine | Title: Plunge in Trade Is a Boon for Singapore Ship Suppliers | 5/20/2009 | See Source »

...much catching up still has to happen? Look at it this way: at the financial-stock peak they were around 27% or 28% of the S&P 500's total market capitalization; the financial sector got down to 9% at their low. Now they are about 12%. I believe the financial sector will rise back to 13% to 15%, which means the portfolio-readjustment buying isn't finished. But take note, the sector has had very big moves recently, and not all banks will be able to hang on for the next leg of this...

Author: /time Magazine | Title: Stock Market: Why Are Financial Stocks Rallying? | 5/19/2009 | See Source »

...third element is pretty simple too. If you have a family, leave your kids at home when you shop. We know today that people spend 40% more in a supermarket when their kids are with them. The psychology is very interesting. When the recession is running at its peak, the last group in the world you as a parent want to penalize is the kids. You will say to yourself, "I'm in a recession right now, I can cope with it, that's fine, but my kids should never suffer for me." When you finally...

Author: /time Magazine | Title: How Shoppers Make Decisions in a Recession | 5/18/2009 | See Source »

...state and local health agencies over the past year, our hospitals have little in the way of surge capacity--excess beds and ventilators--that would allow them to handle a sudden influx of sick patients. And there's no guarantee that those hospitals could remain staffed during the peak of a pandemic. "We haven't tested what would happen if one-third of the public-health workforce were not available because they were sick or taking care of family members," says Robert Pestronk, executive director of the National Association of County and City Health Officials...

Author: /time Magazine | Title: How to Prepare for a Pandemic | 5/18/2009 | See Source »

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