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...guide, entitled A Tale of 7 Cities, is written by academics from the London School of Economics and piles praise on seven European cities for their recovery following the collapse of vital industries toward the end of the 20th century. The cities - Sheffield and Belfast in the U.K., Bremen and Leipzig in Germany, Turin in Italy, Bilbao in Spain, and Saint-Etienne in France - were all industrial behemoths of the 19th century. Belfast and Bremen thrived through shipbuilding. Many of the world's knives, blades and cutlery came from Sheffield. Turin was famous for its car manufacturer Fiat. But from...

Author: /time Magazine | Title: How Struggling Cities Can Reinvent Themselves | 12/10/2008 | See Source »

...Each of the seven subject cities used differing combinations of strong local leaders, businesses, universities and community groups, to invest in downtown neighborhoods and housing and reposition their towns for the high-tech age. Saint-Etienne's derelict former arms factory became home to a cluster of clever new engineering companies. An advanced technology park with 6,000 new jobs helped recast Bremen as a hub for science...

Author: /time Magazine | Title: How Struggling Cities Can Reinvent Themselves | 12/10/2008 | See Source »

...years, which means companies could get their tax payments refunded all the way back to 2003. And the rule would be eligible for losses that occurred in 2008 or 2009. That means a company with a large enough loss, after the proposed rebate, could effectively not pay taxes for seven years. Senator Olympia Snowe, a Republican from Maine, has proposed a similar change to the tax code in the Senate, but only for small businesses...

Author: /time Magazine | Title: New Tax Rules: The Hidden Corporate Bailout | 12/10/2008 | See Source »

...making them the leading killers of kids 10 to 19. That doesn't include the 10 million each year who are injured but survive. In the developed world, most victims are passengers in vehicles; in the developing world, they're pedestrians or bicyclists. The WHO recommends seven commonsense measures to reduce the toll, including stronger minimum-drinking-age laws; establishing and enforcing seat-belt, child-restraint and helmet laws; and reducing speed limits around schools, residential neighborhoods and play areas...

Author: /time Magazine | Title: How to Save 829,000 Kids a Year | 12/10/2008 | See Source »

...seven-point turnaround by the Harvard men’s basketball team at the end of regulation led to two overtimes, but the Huskies (5-4) came out on top, 76-71, as they dismantled the Crimson (4-3) last night at Lavietes Pavilion...

Author: By Paul T. Hedrick, CRIMSON STAFF WRITER | Title: Harvard Falls in Double Overtime | 12/10/2008 | See Source »

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