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...Come to This? The last time Britain felt this bad about itself was in 1976, when soaring inflation and unemployment forced the Labour government to seek a humiliating bailout from the International Monetary Fund. Margaret Thatcher's Conservatives took power in 1979 and went on to abolish exchange controls, cut taxes and engineer the 1986 deregulation of financial markets, known as Big Bang, restoring London's position as one of the world's most important financial centers. Blair's New Labour did nothing to restrict the unfettered growth of the City, as London's financial district is called...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

Guan didn’t seek out the Liu lab; rather, her interest in directed evolution, a major part of her life since her junior year of high school, allowed it to effectively find...

Author: By Catherine E. Coppinger, CONTRIBUTING WRITER | Title: Lighting Up the Laboratory | 3/26/2010 | See Source »

...While conservative groups and Republican politicians will surely continue advertising and organizing against the health-reform law, Families USA also plans to launch its own public education campaign, funded through foundation donations, over the coming months. It will include a "health-reform road show" across the country, which will seek to drum up local press coverage of the new law's benefits, says Pollack. The organization is also planning to release state-by-state studies of the number of beneficiaries from key parts of the law, like the new protections for patients with pre-existing conditions. (See "Multimedia: Health Care...

Author: /time Magazine | Title: Once Opponents, Insurers Back Effort to Make Health Reform Succeed | 3/24/2010 | See Source »

...airline's founder, Stelios Haji-Ioannou, with an elongated Pinocchio nose. The Greek-born tycoon was not amused. In a statement last month, he lashed out at Ryanair boss Michael O'Leary and said he would sue. "I am not a liar. That is libelous, and I will seek substantial damages. See you in court, Michael," Haji-Ioannou wrote. Taking a swipe of his own, he added that O'Leary has "an ego to match that of Napoleon. But every Napoleon has his Waterloo." (See the top 10 untruths...

Author: /time Magazine | Title: Getting Personal in Europe's Budget Airline Wars | 3/21/2010 | See Source »

...priority Shaheen places on those objectives, money is the main driver for a bigger tournament. The NCAA is finishing up the eighth year of an 11-year, $6 billion contract with CBS, which broadcasts the tournament. After this season, the NCAA can opt out of the deal and seek new television partners. Knowing that they might not be able to secure a hefty rights fee for a new deal in a shaky economy, the extra games could secure additional revenue for the schools - NCAA members share the tournament revenue whether they play or not, so more games enlarges...

Author: /time Magazine | Title: NCAA Mulls Expanding March Madness. Are They Mad? | 3/18/2010 | See Source »

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