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...programs for the first time. "You can't have companies going from a position of broad stability 12 months ago to having a hole of $280 billion in their pension plans," says Adrian Hartshorn, a lead analyst on the Mercer report. He added: "People are hurting because of the stock market, and there needs to be a national debate around how people save, in the long-term, for retirement...

Author: /time Magazine | Title: Pension Funds Take Another Pounding | 12/5/2008 | See Source »

...India That Doesn't Shine In these days of extreme emotions, one of the biggest surprises has been the relative calm of the Indian stock market. It is about where it was the day before the attacks, with no sudden drop or panicked selling. Yet investors have certainly noticed the attacks; Mark Matthews, chief Asia strategist for Merrill Lynch in Hong Kong, says that India missed the rally over the past week enjoyed by the rest of the Asian markets. "India didn't get a share of that bounce." In the long term, he says, investors may simply start thinking...

Author: /time Magazine | Title: India: After the Horror | 12/4/2008 | See Source »

Biochar's ability to sequester CO2 has given new urgency to such research. "Reducing emissions isn't enough - we have to draw down the carbon stock in the atmosphere," says Tim Flannery, chair of the Copenhagen Climate Council, a consortium of scientists and business leaders linked to next year's United Nations Climate Summit. "And for that, slow pyrolysis biochar is a superior solution to anything else that's been proposed." Cornell's Lehmann is even more emphatic. "If biochar could be massively applied around the globe," he says, "we could end the emissions problem in one to two years...

Author: /time Magazine | Title: Carbon: The Biochar Solution | 12/4/2008 | See Source »

...industry jargon) in a new range based on the latest in digital light-emitting diode (LED) technology, which can produce a warm, white light that comes close to rivaling halogen lamps but uses only a fraction of the electricity. And, unlike traditional bulbs, there's no need to stock up on spares: Philips estimates the new lights will have a 20-year life...

Author: /time Magazine | Title: Lighting: Bright Idea | 12/4/2008 | See Source »

...dismal economic times, perhaps the sweet science can relieve a little stress. "Picture some person you hate," says boxing champ Oscar De La Hoya. "Put their face on that bag and just punch at it. Let go of those frustrations." Feel free, by the way, to imagine punching your stock portfolio or some doughy-faced financier...

Author: /time Magazine | Title: A Free Boxing Lesson With: Oscar De La Hoya | 12/4/2008 | See Source »

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