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Environmentalists have long known that when it comes to climate change, coal will be a dealbreaker. The carbon-intensive fossil fuel provides nearly half of the United States' electricity, and is responsible for some 30% of the country's greenhouse gas emissions. That's just due to the coal plants...

Author: /time Magazine | Title: Environmentalists Win Big EPA Ruling | 11/13/2008 | See Source »

Maybe Pepsi's spiffy new logo will help restore normal service. The No. 2 sodamaker spent more than $1 million developing its latest look and may soon spend as much as $1 billion changing all its vending machines and global signage to the new design. It's the 11th time...

Author: /time Magazine | Title: Why Pepsi's Down While Coke Is Up | 11/12/2008 | See Source »

The industry titans Coke and Pepsi have marketed against each other for decades, but the bitterest new battleground is China. Coke has grabbed about 54% of China's soda market, according to Euromonitor International, while Pepsi has 31%. And Coke is gunning for more. The giant recently moved to acquire...

Author: /time Magazine | Title: Why Pepsi's Down While Coke Is Up | 11/12/2008 | See Source »

In some ways, Ireland has been a victim of its own success. Rising incomes and government policy failures pumped up a housing bubble that is now deflating fast, hurting Ireland's outsized construction sector. Factor in soaring unemployment, weaker consumer spending and the gummed-up credit markets, and Ireland is...

Author: /time Magazine | Title: Ireland's Economy: Celtic Crunch Time | 11/12/2008 | See Source »

At the time, Donahue and her associates had perceived that the costs of healthcare, energy, food, and other necessities were rising, and they wanted to make sure that their program was able to respond. While the first initiative was aimed at making a Harvard education accessible, the second was meant...

Author: By Mark J. Chiusano, CONTRIBUTING WRITER | Title: Spare Change | 11/12/2008 | See Source »

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