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...humbling of the country's once-proud flagship carrier. But far greater humiliations were in store for Asia's largest airline by revenue. Beset by a steady erosion of its customer base, high cost structures and a $15.4 billion debt load, JAL lost about $1 billion last quarter and projects a loss of about $700 million for this fiscal year. With nowhere else to turn, JAL CEO Haruka Nishimatsu this week met with Transport Minister Seiji Maehara to discuss a government bailout, inviting unflattering comparisons between the Japanese airline and American carmaker...

Author: /time Magazine | Title: Japan Airlines Needs GM-Style Bailout | 9/25/2009 | See Source »

...recession has forced others to take more risk. Among women who use birth control pills, 18% reported skipping pills, skipping months or waiting to get a prescription filled in order to save money. All of these practices render ineffective the Pill's use as a contraceptive, and yet a quarter of women who are financially worse off than last year reported inconsistent use of birth control. At the same time, national abortion rates continue to fall, and are now at a 30-year...

Author: /time Magazine | Title: Recession Fallout: Fewer Women Having Kids | 9/24/2009 | See Source »

What's more, many of the banks getting money now appear to be in fine financial shape. U.S. Century Bank, for example, boosted its net interest earnings, a key measure of profitability for banks, nearly 20%, to $12.6 million, in the second quarter of this year. Yet in early August the government decided to send the bank $50.2 million in TARP funds. U.S. Century executives say they plan to use the money to increase lending and boost profits. "The banks that are getting the TARP money now really don't need it," says Steve Verdier, who heads government affairs...

Author: /time Magazine | Title: As Economy Improves, Bank Bailouts Persist | 9/23/2009 | See Source »

Flaherty came in second place with about a quarter, and City Councilor Sam Yoon, Boston’s first Asian-American elected official and the only Asian-American ever to run for public office in the City, finished third with approximately 20 percent of the vote. Real estate developer Kevin McCrea finished last...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Menino Wins Preliminary Vote | 9/23/2009 | See Source »

...come up with that idea, with those characters? First of all, the civil rights movement, contrary to popular impression, was funded in significant part by superrich people. The right-wing movement in this country is funded by people like Richard Scaife, who's put in a quarter of a billion dollars at least. I decided to pick [my characters] because they all brought something to the table: Barry Diller, media; Ted Turner, media; George Soros, the Open Society Institute and institution-building; Peter Lewis, insurance; Joe Jamail and Bill Gates Sr. on access to justice. They all brought something...

Author: /time Magazine | Title: Ralph Nader, Fiction Writer | 9/23/2009 | See Source »

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