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...Caliente. Hot. In any tongue, stock in Rosetta Stone, the popular language-learning software company that just went public - yes, IPOs still exist - is blazing. On the evening of April 15, the company was able to price its IPO at $18 per share, above the estimated range of $15-17. It was the first IPO to price above its range in nearly a year. The next day, shares shot up 40%, the best one-day IPO rise in the last year (on April 23, the stock closed at $25.60 per share, 42% above the IPO price...

Author: /time Magazine | Title: Rosetta Stone: Speaking Wall Street's Language | 4/25/2009 | See Source »

...similar scenario for the Coast Guard. Even if you were to take a canoe out into the Atlantic in the middle of a hurricane and the Coast Guard had to use a 110-ft. patrol boat (which costs $1,147 per hour) or a C-130 turboprop airplane ($7,600 per hour), you wouldn't have to pay a dime. Your story may be turned into a public service announcement on how to avoid endangering yourself/being an idiot on the ocean, but it wouldn't cost you any money. "If you get yourself in trouble, regardless of the circumstances, that...

Author: /time Magazine | Title: Get into Trouble Outdoors — Who Pays for the Rescue? | 4/25/2009 | See Source »

...most of the rescuers are volunteers, costs can still add up for equipment and resources - such as leasing a helicopter, and maintaining ropes and radios. "We only get back about 20% of that cost," Meyer estimates. They do charge for helicopter flight time, which runs at about $1,600 per hour, but there is no strict enforcement of payment. That has been the unofficial policy for decades, but recent cost increases have opened the subject for debate. "Last winter we were really busy and the county started getting to that level where they talked about recouping the costs," Meyer says...

Author: /time Magazine | Title: Get into Trouble Outdoors — Who Pays for the Rescue? | 4/25/2009 | See Source »

Life is expensive and unbearable for the unemployed - who constitute more than 85% of the working-age population - yet they are "expected to pay bills at the end of the month," says Gonde. Residents in the crowded suburbs of the capital shell out $40 to $65 per month for rent. Water and electricity bills can be as high as $20 even though at least half the time there is no water or electricity. "It defies logic that we pay for electricity we do not have, refuse they do not collect and water that is dirty and frequently unavailable," Majiri rails...

Author: /time Magazine | Title: Even with a New Government, Conditions in Zimbabwe Worsen | 4/25/2009 | See Source »

...this happens at a time when Harare cannot supply safe water to its citizens. Had it not been for international relief organizations, many fear, the death toll from the cholera outbreak would have been much higher, perhaps into the tens of thousands. Cholera-related deaths per day have since gone down, but Oxfam's chief executive, Barbara Stocking, believes the crisis has not ended. Said Stocking during a recent visit to Zimbabwe: "We have to expect a cholera epidemic and outbreak to happen again at the end of this year, given that the water and sewage system is not working...

Author: /time Magazine | Title: Even with a New Government, Conditions in Zimbabwe Worsen | 4/25/2009 | See Source »

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