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...Paul's Cathedral that is the heart of the old financial district, and the gleaming towers of the new financial district in the docklands area - a powerful motor not just for London but for British prosperity. In 2007, financial services accounted for 10.1% of the U.K.'s gross domestic product, up from 5.5% in 2001. Add in professional services linked to finance, such as accounting, law and management consultancy, and the total rises to 14%. And that's for Britain as a whole. For London, finance has been even more important: It now accounts for almost one-fifth...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...This is a key product for RIM. It has enormous potential," says Yankee Group analyst Eugene Signorini, who predicts that RIM's partnership with Verizon, the second-largest wireless carrier in the U.S., will intensify Verizon's competition with No. 1 carrier AT&T, the exclusive service provider for the iPhone...

Author: /time Magazine | Title: BlackBerry Storm Preview: What the iPhone Will Envy | 10/8/2008 | See Source »

...help or how. The favored solution so far - direct government intervention, like the $700 billion rescue package approved by the U.S. Congress or the British plan - isn't an option everywhere. Banks have become so big and so leveraged that their balance sheets can exceed the gross domestic product of the country in which they are based. That's the case in Belgium, the Netherlands and a host of smaller countries, including Iceland, where on Oct. 6 the Prime Minister warned about the possibility of a "national bankruptcy" because several banks with assets larger than the country's entire economy...

Author: /time Magazine | Title: Behind the Global Markets' Meltdown | 10/8/2008 | See Source »

...concoctions whose entrances are even more convoluted than the Green Line, the Northwest Science Building provides order and clarity.Every aspect of the building—from the multi-storied walls of glass to the shiny silver handrails—has a certain sleekness; it’s an Apple product-cum-building. The building’s unscuffed, unmarred, and polished appearance puts the vogue of earthy-colored steel to shame. It’s also a far cry from the weathered red brick to which the Harvard community is so accustomed.Craig Hartman, Design Partner at SOM, San Francisco...

Author: By Lee ann W. Custer, CRIMSON STAFF WRITER | Title: Science Building Goes North By Northwest | 10/3/2008 | See Source »

...None of the screwups have been devastating, and none have made Biden the target that Palin has become - at least in part because Biden is already so notorious for misspeaking. But most have been the product of Biden's nearly inexplicable tendency to ramble into errors or indiscretions when giving a speech, answering reporters' questions or chatting with voters...

Author: /time Magazine | Title: Biden's Debate Challenge: Keeping His Mouth Shut | 10/2/2008 | See Source »

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