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...investors already wounded by the global economic crash, news of a potential pandemic came as a further blow. "As if we didn't have enough to contend with," strategists at the Royal Bank of Scotland wrote in a note to clients Monday, "it's just what we need now, a flu pandemic in the midst of the biggest financial crisis since the Great Depression." Amid the sell-off, travel industry stocks fell sharpest. Shares in Lufthansa, Europe's second-largest airline, tumbled by more than 12% before recovering slightly. Those of rival British Airways pulled back from similar lows, trading...

Author: /time Magazine | Title: Swine Flu Virus Infects World Stock Markets | 4/27/2009 | See Source »

Whether it's "tobacco revisionism," as critics contend, or political correctness à la française, things have just gotten tougher for smokers in France - including those who've long kicked the habit in death. Métrobus, the company that handles display advertising for the Paris Métro and SNCF rail company, says it was obliged to refuse a poster for Coco, Before Chanel because it violates a 1991 law "prohibiting all direct or indirect advertising" for tobacco or alcohol in most public venues. Under that ban, Métrobus reasoned that the poster's shot...

Author: /time Magazine | Title: In the Paris Métro, Even Dead Legends Can't Smoke | 4/23/2009 | See Source »

Fiscal belt-tightening measures in College and House libraries have hurt the job prospects of students looking for employment among the stacks. As the Houses contend with a University mandate to cut their budgets by 25 percent, some libraries are preferentially hiring students on work-study, whose wages are subsidized by the federal government. In Kirkland, for example, though applications poured in earlier this year—according to Kirkland House library tutor Allison K. Rone ’06, about 60 students applied—the House could not afford to accommodate as many undergraduates who did not qualify...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: Library Budgets Force Student Job Cuts | 4/22/2009 | See Source »

...accusations, which were based on anonymous sources and later reported by the New York Times. "These claims are an outrageous and recycled canard, and have no basis in fact," she said in a statement. As it suggests, this isn't the first time she's been forced to contend with them. In 2006, TIME reported that the FBI and Justice Department were investigating Harman's "quiet but aggressive" campaign to persuade Pelosi to tap her for a prestigious Intelligence post. Harman repudiated that report, saying she was unaware of any investigation into her AIPAC ties, and denounced the claims...

Author: /time Magazine | Title: California Rep. Jane Harman | 4/22/2009 | See Source »

...already difficult enough. Migrating birds - some of them as small as your fist - pack on body weight to stock fuel for the flight, sometimes doubling in size before they leave. Certain birds even shrink their internal organs to make themselves more energy-efficient. Migrating species today also have to contend with the gradual destruction of the wetlands and other oases they might use as refueling stops along their flight path. Adding 250 more miles to the trip could be devastating. "These little birds push themselves to the limit of their endurance to fly these distances," says Willis. "Anything that makes...

Author: /time Magazine | Title: The Warbler's Long Winter Journey Gets Longer | 4/16/2009 | See Source »

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