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...would lenders target the good customers? Mainly because banks can't afford to take a lot of risk anymore. If you have, say, $30,000 in unused credit sitting around, there's always the chance you'll start tapping into it in the event of a job loss or other financial crisis...

Author: /time Magazine | Title: Could Your Credit Be Too Good? | 6/22/2009 | See Source »

...legal framework for the oil and gas industry, the foreign investment that Iraq desperately needs will not arrive, though the senior U.S. embassy official remains optimistic. Iraq is not as dangerous as it once was. "The security environment," says this official, "is at a point where [investors] can start to look at other issues that determine whether they'll come...

Author: /time Magazine | Title: Christopher Hill: The Negotiator | 6/22/2009 | See Source »

...Amazon takes a loss on these books, since it buys them from publishers at the price of a regular hardcover. The company considers it an investment in getting the Kindle established as a platform. But eventually - soon - it's going to want publishers to start sharing the pain. This may seem a nitpicky issue, but once e-books become a significant part of the market, the price of a Kindle edition could mean the difference between the red and the black for some publishers. "That's the detonation point," says Dennis Johnson, publisher of the prominent small press Melville House...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

...aren't in a position to check Amazon directly, the market is, or it will be. There will be some painful scenes while we wait for that to happen, but already Google - a company that never met a loss leader it didn't like - has announced its intention to start selling e-books before the end of the year. Simon & Schuster has just announced a plan to sell digital copies of its books through the e-book website Scribd.com. The price? Twenty percent off the harcover price, which comes to a good deal more than $9.99. "Within the next...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

...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 Song and designed by Cindy Hoffman and Patricia Hwang...

Author: /time Magazine | Title: The Rx for Good Health | 6/22/2009 | See Source »

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