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Moynihan, of course, still has a lot of work to do. He still has to turn around Bank of America's large credit-card business, which has consistently had higher loss rates than competitors. The bank has also been without a chief financial officer since mid-January, though people close to the search say Moynihan recently narrowed his choices down to three people. And Moynihan may have to answer recent claims that the bank used Lehman-like accounting maneuvers to hide assets. Bank of America has denied the allegations. (See the best business deals...

Author: /time Magazine | Title: BofA's CEO: How to Win Friends and Influence People | 3/30/2010 | See Source »

...European diplomats raised his case with Chinese authorities. Earlier this month an international legal team filed a petition on Gao's behalf with the U.N. Working Group on Arbitrary Detention. While his supporters applaud the latest news of his condition, they say far too much is still unknown...

Author: /time Magazine | Title: A Chinese Dissident's Mysterious Reappearance | 3/29/2010 | See Source »

...anyone still doubts that George W. Bush and Tony Blair were the closest of allies, the text of a July 2002 note from the U.K. Premier to the U.S. President, revealed in a new book, should dispel any lingering skepticism. "You know, George, whatever you decide to do [about Iraq], I'm with you," Blair assured his friend...

Author: /time Magazine | Title: Why Britain's Affair with the U.S. Is Over | 3/29/2010 | See Source »

...passionate Atlanticist, Brown confided to TIME in an interview two years ago, "I love the States." He added, "America is still a beacon to the world for its defense of liberty and support for individual opportunity." His two main parliamentary opponents, who will square off against Brown in elections that are expected in May, have both indicated to TIME that they will recalibrate London's approach to Washington. "Blair was too much the new friend telling you everything you want to hear, rather than the best friend telling you what you need to hear," says Conservative chief David Cameron. What...

Author: /time Magazine | Title: Why Britain's Affair with the U.S. Is Over | 3/29/2010 | See Source »

...station was filled on Monday morning with the smell of char rising up from the deep tunnels. An ambulance driver outside the station said the death toll could be expected to rise, as hospitals were filling up with the wounded and the work of recovering the dead was still under way. "We're taking [the injured] wherever we can, all over the place. I've heard calls go out for drop-offs to about a dozen hospitals," he says, declining to give his name as he was not authorized to speak to the press. (See pictures of Russia celebrating Victory...

Author: /time Magazine | Title: Moscow Bombings: Are Islamist Rebels Behind Them? | 3/29/2010 | See Source »

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