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...credit-card industry is poised to become the next subprime debacle, it is still highly profitable. "All the players are making money in the credit-card business," notes Moshe Orenbuch, a managing director at Credit Suisse. (Visa recently reported $434 million in quarterly profits versus $304 million for rival MasterCard...

Author: /time Magazine | Title: Why Visa's IPO Is Hot | 3/19/2008 | See Source »

Monday's decision by Florida Democrats to abandon their efforts to hold a new primary, in order to get their delegation seated at the national party's August convention, is another blow to Hillary Clinton's attempt to close the small but near-impregnable delegate gap on her rival, Barack Obama. And she's having little more luck in Michigan...

Author: /time Magazine | Title: Clinton's Hopes for Florida Fade | 3/18/2008 | See Source »

Mohammad-Baqer Qalibaf, the mayor of Tehran, is emerging as a quiet rival to President Mahmoud Ahmadinejad. Described as a moderate conservative, Qalibaf is likely to be a contender for the presidency in next year's national elections, though he refuses to talk directly about his plans. He does however maintain that he and Ahmadinejad have "tastes" that "are very different" - and that they are clearly not friends. Many political observers believe Qalibaf is behind the Reformist Fundamentalists' Coalition, which split from the main conservative coalition before last week's elections. (Candidates loosely allied with the coalition have captured...

Author: /time Magazine | Title: A Rival for Iran's Ahmadinejad | 3/18/2008 | See Source »

...complex field of health-care information may soon be a little more streamlined. On Tuesday, Chicago-based electronic medical records provider Allscripts announced it has agreed to merge with British rival Misys PLC in a cash-and-stocks deal worth more than $1 billion...

Author: /time Magazine | Title: Medical Records Go Digital | 3/17/2008 | See Source »

...late February, Google announced plans to launch an online database where patients can easily store and maintain health information. The website, called Google Health, mirrors similar efforts by rival Microsoft and Revolution Health Group, led by AOL founder Steve Case. All three products will allow patients to access records from anywhere in the world, letting the user upload medical records from one health-care provider and then easily share them with another physician or hospital - a capability more and more health-care providers are looking to adopt. Tullman says Allscripts plans to collaborate with both Microsoft and Google, particularly...

Author: /time Magazine | Title: Medical Records Go Digital | 3/17/2008 | See Source »

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