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...Washington Good News From Banks, For a Change In a potential sign of hope for the ailing U.S. economy, the Treasury Department agreed to let 10 large banks begin repaying $68 billion in federal aid they received under the Troubled Asset Relief Program (TARP). Having passed "stress tests," some large firms like Goldman Sachs and JPMorgan Chase are expected to return the bailout money ahead of the original timetable set by the White House...
...earache treated--all for as little as $60 a visit. Making health-care cheap, easy and available like this prevents small problems from getting big. Be sure to also read John Cloud's story about how we can head off psychological problems by treating them at the first sign of distress. We tend to think of psychiatric problems as either being genetic or occurring for unknown reasons, but Cloud's story shows that even illnesses like schizophrenia that have genetic origins can be stopped or contained before they start. The health package was ably edited by Jeffrey Kluger and Sora...
...proposed by Mosley would be voluntary, but far more extensive technical restrictions would be placed on teams that decline to sign up, making it harder for them to stay competitive. Some of the top teams currently spend three or four times Mosley's proposed limit on R&D in search of that evolutionary advantage. (See pictures of the history of Formula...
...FOTA teams endeavored to the very end to reach an agreement, but regrettably the FIA refused to back down from its rigid position, insisting that the teams must first sign up before there could be further negotiations on the rules," BMW Motorsport director Mario Theissen said in a statement. "This was unacceptable...
...past year, the proportion of days just under the "blue sky" cutoff has decreased in Beijing. Whether that's a sign that the numbers are more accurate, or merely better gamed, is still unclear. The city's hot, humid summers and occasional sandstorms mean that air quality can turn bad with surprising speed. Without real-time reporting, the official data are more a matter of historical interest. This afternoon the Ministry of Environmental Protection reported the air pollution index for the 24 hours ending at noon on Friday was 159, or "slightly polluted." That's still pretty...