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...number of other industries are facing similar problems. The retail industry is the most obvious. Beyond that, airlines are back in trouble. All of the merger plans that carriers were looking at last summer can be dusted off. Traffic is falling sharply as consumers and businesses cut back on travel. In a related sector, the hospitality industry is in it worst period in decades. Some hotels are nearly empty...

Author: /time Magazine | Title: Behind Pfizer's Deal to Buy Wyeth | 1/26/2009 | See Source »

...answers; while if you give answers that aren't fully honest (e.g. nothing re Hillary) you risk hugely compounding the problem by getting caught in half-truths. You run risk of turning this into 'cover-up.' " - from a note that Stern wrote regarding the firing of the White House travel office staff, allegedly at the request of then-First Lady Hillary Clinton. Some people claimed that the employees were fired so that Hillary could appoint friends. (New York Times, January...

Author: /time Magazine | Title: Climate Change Envoy Todd Stern | 1/26/2009 | See Source »

Sleep for Free. British Airways has reduced fares to London. Fly from J.F.K. airport for $156 each way, or from Boston for $186. Book before Jan. 29 and get a free hotel room in the city center for each ticket purchased. See its website for participating properties. For travel through March...

Author: /time Magazine | Title: Valentine's Deals That You'll Love | 1/26/2009 | See Source »

...seems like everyone is getting something. There's $2 billion for renovating public health care centers, $1 billion for the Head Start program, $800 million for Amtrak, $150 million for the Smithsonian Institution, and - wait a second - $14 million for the Accountability and Transparency Board members' travel expenses? There is also a clause that requires all infrastructure projects to be made with U.S. steel, unless it ends up costing 25% more than foreign materials. "Is that the best deal for American taxpayers?" asks Rasmussen, "making people pay more for these infrastructure projects...

Author: /time Magazine | Title: Reading the Stimulus | 1/25/2009 | See Source »

...avoid inflicting civilian casualties. It may surprise and rile many Israelis, then, that their government is trying to protect its citizens from war crimes charges that could be filed in foreign courts over the conduct of hostilities in Gaza. Fearful that Israeli commanders could be targeted for arrest while traveling abroad as private citizens on business or vacation, Attorney General Menachem Mazuz on Tuesday ordered the Israeli media to refrain from revealing the names of any military personnel who took part in the 22-day offensive. Officers involved in the operation who want to travel abroad are now required...

Author: /time Magazine | Title: Could Israelis Face War Crimes Charges Over Gaza? | 1/23/2009 | See Source »

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