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...that the world needed to stabilize carbon in the atmosphere at 350 parts per million (ppm) to avoid the worst effects of warming - a more stringent goal than earlier estimates, which had a target of 450 ppm. (The current concentration is 385 ppm and rising fast, up from a pre-industrial level of 280 ppm.) That would require action that is far more ambitious than currently seems possible - both in the U.S. and in the developing world, where the bulk of new carbon emissions will come. Even under Obama, the politics of climate change isn't keeping up with...

Author: /time Magazine | Title: Raising the Bar on Fighting Climate Change | 1/23/2009 | See Source »

Planned Parenthood of Zambia, for example, has lost nearly a quarter of its funding and almost 40% of its staff because of the policy. The group still provides abortions, but the activities that have been affected by the loss of that aid are more diverse: pre- and postnatal care, early child immunizations, malaria screenings and tests for cervical cancer. The lack of funding for contraception in some African countries actually became such an obstacle to preventing the transmission of HIV/AIDS that Bush exempted PEPFAR, his global AIDS initiative, from the Mexico City restrictions. Opponents of the policy also argue that...

Author: /time Magazine | Title: Shhh. Obama Repeals the Abortion Gag Rule, Very Quietly | 1/23/2009 | See Source »

...success of the iPhone and its Applications Store, whose 15,000 applets have been downloaded a half billion times, is causing competitors to try to follow Apple's lead. Cook then offered a veiled warning apparently directed at Palm, which is set to launch an iPhone competitor, the Pre, with its own touch screen-based interface. "We think competition is good. It makes us all better. And we are ready to suit up and go against anyone," he said. "However, we will not stand for having our IP [intellectual property] ripped off, and we will use any weapons...

Author: /time Magazine | Title: Apple Stock Surges On Upbeat Earnings Report | 1/22/2009 | See Source »

When asked if he was referring to Palm, Cook said he didn't "want to talk about any specific company." However, Jon Rubinstein, a former Apple star who oversaw the iPod division, went to Palm last summer to spearhead The Pre project, and it's well known in the Valley that the defection rankled Apple...

Author: /time Magazine | Title: Apple Stock Surges On Upbeat Earnings Report | 1/22/2009 | See Source »

Plus, amendments to the bankruptcy code, put in place in 2005, create another hurdle for distressed retailers. Under the new rules, a retailer now has only 210 days after filing for Chapter 11 to accept or reject its existing lease agreements (pre-2005, the companies could liberally extend a 60-day time limitation). Clearance sales typically give the bankrupt company a cash infusion to help pay off the DIP loans. But if a company can't reorganize in 210 days, and is forced to cancel its leases, it won't have a place to sell its goods. No sale means...

Author: /time Magazine | Title: How Liquidators Profit from Circuit City's Loss | 1/22/2009 | See Source »

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