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...question to ask your broker these days is not which stock to buy, but how much it will cost to make the trade. Across America discount brokers are slashing commissions in an all-out fight to grab new customers...

Author: /time Magazine | Title: Brokers Wage a Price War on Commissions | 2/16/2010 | See Source »

Fidelity fired a salvo two weeks later, when it cut trade commissions to a flat fee of $7.95 from previous rates that ranged from $8 to $19.95 depending on trading volume and asset size. E*Trade, best known for its popular talking baby ads, joined the battle in early February when it trimmed equity-trading fees for low-volume investors to $9.99 from $12.99, although it still maintained a premium deal of $7.99 per trade for higher-volume customers. Scottrade stayed put, as it already offers flat $7 trading fees. (See the top 10 worst corporate name changes...

Author: /time Magazine | Title: Brokers Wage a Price War on Commissions | 2/16/2010 | See Source »

...dismal swamp ... uncheered by any gleam of promise," although Mark Twain rehabilitated its image 40 years later, making it the destination of Huck and Jim's river voyage in Adventures of Huckleberry Finn. At its 1920s peak, Cairo was a boomtown of 15,000 people. But as river trade declined, so did Cairo. In the 1960s and '70s, the town was engulfed in racial turmoil: white residents formed vigilante groups, while Cairo's black population waged a three-year boycott of businesses that refused to integrate. What's left, after decades of white flight and economic stagnation, is an expanse...

Author: /time Magazine | Title: Trying to Revitalize a Dying Small Town | 2/15/2010 | See Source »

There are also real concerns among conservationists that some private parks in the U.S. are raising tigers specifically for the global wildlife trade. Along with bones, tiger skins are coveted as ceremonial garb in some cultures, or as decoration. (Although the international trade in tigers and tiger parts is illegal, few countries have taken steps to actually enforce the ban.) "Unless we can crack down on the illegal trade and on poachers in the wild, tigers have very little chance of survival," says Keshav Varma, the program director of the World Bank's global tiger initiative. (See a cheapskate...

Author: /time Magazine | Title: No Valentine? Celebrate the Year of Tiger Instead | 2/14/2010 | See Source »

...private ownership of tigers, but they're rarely used, and conservationists believe there are more than 3,000 captive tigers in the Lone Star state alone. "The government should be able to track the captive population better, to ensure they're not being put into the illegal wildlife trade," says Allan...

Author: /time Magazine | Title: No Valentine? Celebrate the Year of Tiger Instead | 2/14/2010 | See Source »

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