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Well, not quite all-out. The big holdout on price cuts is TD Ameritrade. But industry watchers say they'll be the next to act. "I think a move is imminent for TD Ameritrade," says David Lo, director of investment services at J.D. Power & Associates. "[Their trading fees] are higher than everyone else so they almost have to do something." (See the best business deals...

Author: /time Magazine | Title: Brokers Wage a Price War on Commissions | 2/16/2010 | See Source »

...Price of Good Grains

Author: /time Magazine | Title: Inbox | 2/15/2010 | See Source »

...value the previous year. The U.S. Drug Enforcement Administration (DEA) had suspended several of the company's licenses. What's more, the firm, based in Dublin, Ohio, was about to spin off its lucrative medical-tech arm, CareFusion, sparking a further double-digit drop in its stock price. In other words, Barrett deadpans, "we had some challenges...

Author: /time Magazine | Title: Prescription for a Turnaround | 2/15/2010 | See Source »

...iPad started it. When Apple introduced its new tablet device on Jan. 27, it also announced an iBook store where publishers could set their own prices for e-books. Publisher Macmillan responded by demanding that online retailer Amazon sell Macmillan e-books for as much as $14.99, up from $9.99. Amazon did not agree with that idea. The website removed "buy" buttons from e-texts published by Macmillan, angering authors and customers. Some prospective buyers, however, sided with Amazon, vowing that they would not pay more for Macmillan e-books. The freeze began to thaw Jan. 31, when Amazon started...

Author: /time Magazine | Title: The World | 2/15/2010 | See Source »

...apartheid that changed his mind. By 1989, with the Cold War essentially over, Pretoria had gotten the message that it could no longer count on U.S. support to head off sanctions and other international pressure in the name of anticommunist solidarity. Financial sanctions were beginning to bite and the price of maintaining the status quo was beginning to appear prohibitive. De Klerk, to his credit, realized that his people had more to gain from negotiating from a position of relative strength. And the political unrest in the black townships, combined with the expanding sanctions and growing isolation, helped him make...

Author: /time Magazine | Title: Israel Gets More Comfortable with Status Quo | 2/15/2010 | See Source »

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