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...seems unlikely that Reid's contretemps will be the last. At least part of the recently passed $700 billion financial rescue plan will be used to inject cash into banks and other financial companies in an effort to unlock frozen capital markets. Which banks get how much remains to be seen. Amid all the uncertainty, one thing at least seems clear: another big company is likely to require federal help in the coming weeks. And that means loose lips in Washington may add to the off-balance-sheet liabilities of the imploding financial industry...

Author: /time Magazine | Title: The Financial Hazards of Washington's Rumor Mill | 10/13/2008 | See Source »

...Scientists are relying on the experiment to unlock several of the universe's mysteries (for example, how matter in the universe acquires mass) by providing hard data on subatomic matter from which cosmologists and theoretical physicists can extrapolate. But they have less exalted reasons to hope for the LHC's success: After a glut of funding for particle physics in the '80s promised the building of several particle accelerators of equivalent power to the LHC, recent funding cuts mean the CERN experiment is now the only game in town. If it fails to provide results, physicists worry they will have...

Author: /time Magazine | Title: Why The Large Hadron Collider Is Already On The Fritz | 9/22/2008 | See Source »

...Scientists hope to unlock some of nature's most enduring mysteries: why is the universe expanding at an accelerating rate? What stops our own spiral galaxy, the Milky Way, from unraveling and spilling its contents across the universe? How does gravity work? (See pictures of the Large Hadron Particle Collider...

Author: /time Magazine | Title: What the Collider Might Discover | 9/10/2008 | See Source »

...While authorities work to unlock the information contained in the plane's black box, recovered last night, family members of the victims made the painful trip to the makeshift morgue that had been set up at the city's main convention center. The fire that erupted once the plane crash was so intense that many of the victims' bodies are burned beyond recognition. It was so intense, says Wheeldon, "that it's a miracle any survived at all." Spanish Prime Minister José Luis Rodríguez Zapatero declared three days of mourning and promised government support for the families...

Author: /time Magazine | Title: Death Toll Could Rise in Madrid Crash | 8/21/2008 | See Source »

...time. Better be punctual: your second tardy return gets you booted from the system. The program keeps track of the bikes via tiny rfid chips, the same tamper-proof radio-frequency devices used to monitor everything from clothing inventories to office ID badges. Riders use a swipe card to unlock the bikes, and if they fail to return them--or if the bikes are stolen on their watch--they'll be out $200. SmartBikes will soon be outfitted with independent wire locks so that cyclists can make pit stops wherever they want. No need to worry, though, about wheels getting...

Author: /time Magazine | Title: Bike-Sharing Gets Smart | 6/12/2008 | See Source »

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