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...moment it was signed in 2007. Less than two months later, global equity markets began to wobble, and credit got scarce. BCE's value sank from the take-out price of 34.62 a share to 16.85 on an auditor's report that debt from the proposed LBO would render the company insolvent. (Shares of BCE, with annual revenues of $14.3 billion, have since recovered to about 20 on the NYSE...

Author: /time Magazine | Title: Nortel's Nadir | 4/30/2009 | See Source »

...these drugs? Yes, and that's another reason why health officials will want to limit their use to those who have become ill with the disease, according to Hugh Pennington, a virologist at the University of Aberdeen. Resistance occurs when a virus mutates in such a way as to render a drug ineffective. This is more likely to occur when an antiviral is widely used because resistant mutations are more likely to thrive and be passed on. A similar process has led to the widespread existence of antibiotic resistant bacteria such as MRSA. But it can also happen spontaneously: during...

Author: /time Magazine | Title: Q&A: How Antivirals Can Save Lives | 4/29/2009 | See Source »

...Pontiac, in fact, turned out to be the worst car I ever owned. And that's saying something, because it trumps my very first (used) car: a British 1960 Morris Minor 1000, complete with its rain-bedeviled Lucas electrical system that seemed to render the car immobile in the driveway whenever the weatherman forecast cloudy skies. For someone primed to love the Pontiac brand, the Sunbird was a disheartening experience. Everything from the trunk lining to the levers used to (manually) adjust the driver's seat seemed flimsy and prone to problems. Service at dealerships was mediocre at best. They...

Author: /time Magazine | Title: Pontiac, RIP: A Love Affair Gone Sour | 4/28/2009 | See Source »

...principal harpist Ann Hobson Pilot’s introductory solo were masterfully evocative of Nordic folklore, but a messy ensemble entrance quickly overran her lyrical interpretation. The minimalist dynamic range and bare orchestration of the piece, which should have constructed a spare yet meditative musical texture, only served to render the orchestra’s shortcomings all the more apparent. Rocky tempo changes and halfhearted instrumental solos transformed what might have been an entrancing musical reflection into a painful exercise in the mechanical art of staying together.The Grieg Piano Concerto in A minor fared no better under Sung?...

Author: By Monica S. Liu, CONTRIBUTING WRITER | Title: BSO Strikes Out Under Sung | 4/26/2009 | See Source »

Ever since Jesus told followers to "render unto Caesar what is Caesar's," preachers have been warning about a clash between "the world" and "the church." But now Mohler is predicting something more, a clash between churches themselves. (Most recently, the Anglican Communion has been paralyzed by debate over the consecration of gay bishops.) Writing on Thursday morning in his personal blog, Mohler laid out his thoughts more clearly still. "No issue defines our current cultural crisis as clearly as homosexuality. Some churches and denominations have capitulated to the demands of the homosexual rights movement, and now accept homosexuality...

Author: /time Magazine | Title: Will Gay Marriage Pit Church Against Church? | 4/26/2009 | See Source »

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