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...market analysts agree on the significance of today's market signal. "I follow the S&P 500 because that's where the money is," says Phil Roth chief technical analyst at Miller Tabak in New York City. "And there the index is still about 4% above its November low." Even so, Roth believes Thursday's Dow drop and its new low-water mark will make the next few trading days anxious ones. "It's important psychologically," he says, noting that negative sentiment has kept buyers at bay, and today's technically significant drop could make them even more skittish. Days...

Author: /time Magazine | Title: Dow Hits Bleak Milestone: Below November Low | 2/19/2009 | See Source »

...tried to step up my game, and Lady Luck was on my side.” Harvard gained the advantage by winning two doubles matches. Davis Mangham and Aba Omodele-Lucien won 8-3 over Alex Vasin and Justen Roth, while Sasha Ermakov and Chijoff-Evans defeated Laalej and Phil Law 8-2. The Crimson took a quick 3-0 lead as No. 5 Mangham defeated Vasin, 6-2, 6-2, while No. 2 Ermakov beat Jonathan Boym (6-2, 6-3). Adam Schwartz of Penn ousted Hayes (7-6, 7-6) in an emotional match, inspiring the Quakers...

Author: By Colin Whelehan, CONTRIBUTING WRITER | Title: Crimson Takes ECAC Crown | 2/17/2009 | See Source »

...Obama, whose chief of staff, Rahm Emanuel, and legislative liaison Phil Schiliro personally oversaw the negotiations on the Hill, hailed the agreement, saying it will help companies like Caterpillar, which announced 20,000 layoffs last month. "Just today, the CEO of Caterpillar said that if this American Recovery and Reinvestment Plan is passed, his company would be able to rehire some of the employees they've been forced to lay off," Obama said. "It's also a plan that will provide immediate tax relief to families and businesses, while investing in priorities like health care, education, energy and infrastructure that...

Author: /time Magazine | Title: Stimulus Deal Shows Reach — and Limits — of Obama's Power | 2/12/2009 | See Source »

...Selick made the film at Laika, the Oregon animation outfit owned by Nike cofounder Phil Knight. The studio formerly housed the facilities of stop-motion producer Will Vinton, who'd done Oscar-winning shorts and The PJs. Knight, a stockholder in Vinton's company, took over the place essentially to please his son Travis, who'd been a junior animator under Vinton. It's the grand gesture of which only zillionaires are capable. A man sees his child merrily playing with model trains, so he buys the kid Amtrak...

Author: /time Magazine | Title: The Chilly World of Coraline | 2/6/2009 | See Source »

...this staffer's account, during the transition, Summers, his deputy Jason Furman and the White House's top congressional liaison, Phil Schiliro, laid out the broad principles they wanted the bill to adhere to, but when it came to actual content, they deferred to the committee leaders. "Because otherwise what's the point in doing something, pie in the sky, if it doesn't have the votes?" the staffer says...

Author: /time Magazine | Title: Can Obama Regain Control of Congress's Stimulus Bill? | 2/5/2009 | See Source »

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