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...last quarter, Intel Corporation reported revenue of $7.1 billion, net income of $647 million and earnings per share of $.11. Revenue was $9.7 billion in the same period last year. Aside from topping expectations, Intel's CEO, Paul Otellini, said, "We believe PC sales bottomed out during the first quarter and that the industry is returning to normal seasonal patterns." (See pictures of the Top 10 scared traders...

Author: /time Magazine | Title: Intel and the PC World: The Investor Feels Betrayed | 4/15/2009 | See Source »

...more vulnerable than we believe, and that it may be a matter of decades before cities like New York are turned into swampland. Scientists led by Paul Blanchon of the National Autonomous University of Mexico examined sea-level fluctuations during the planet's last inter-ice age warm period, about 121,000 years ago, and found that the water rose as much as 10 ft. (3 m) in a matter of decades thanks to melting ice sheets. That conclusion indicates that, in the current interglacial period, we could well be facing rapidly rising tides by the end of the century...

Author: /time Magazine | Title: Coral Fossils Reveal Sea Levels Rising Fast | 4/15/2009 | See Source »

...There are caveats: the interglacial period during which the Mexican coral fossils were deposited was warmer than the world today, and sea levels were as much as 20 ft. (6 m) higher. And other scientists caution that Blanchon's work should still be viewed as preliminary and in need of independent confirmation at other, similar sites where old coral fossils have been deposited. (One obstacle is that only a few places on the earth - the Yucatan peninsula among them - have been seismically calm enough over the past several hundred thousand years to allow for such measurements.) But in the wake...

Author: /time Magazine | Title: Coral Fossils Reveal Sea Levels Rising Fast | 4/15/2009 | See Source »

Mather played Assassins during Reading Period in January, and with safe locations including the dining hall and house library, FlyBy initially expected the game to have dragged on for a while. Not so, however: a rule stating that participants had to kill their targets by midnight meant that the over 100 participants whittled down to merely a handful in only three days...

Author: By Liyun Jin | Title: Closing in on the Kill | 4/15/2009 | See Source »

...town hall meeting comes one day after the conclusion of an early retirement incentive program offered to FAS staff workers—a milestone in the budgeting process that will provide information necessary to evaluate spending for next year. Staffers who accepted the package during the 45-day election period had until yesterday to revoke their decisions. In an interview February, Smith said the administration would use the results of the early retirement program to reevaluate the budget and determine whether staff layoffs will be necessary. The fewer staffers decide to take the package, the higher the possibility of layoffs...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Smith To Host Town Hall on FAS Finances | 4/14/2009 | See Source »

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