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Shares of Wells Fargo, which uses a red horse-drawn carriage as its corporate mascot, have risen nearly 200%, to $24 per share, in less than three months. And while the stocks of all banks are up over that period, Wells Fargo's increase is more than double the rise of the KBW Bank Index. As a result, Wells' shares are starting to look pricey - and the bank is still facing tens of billions of dollars more in loan losses in the next two years...

Author: /time Magazine | Title: Has Wells Fargo Stock Run Too Far? | 5/28/2009 | See Source »

That's right - $100 for a stinkin' mat. A company called Manduka, which makes these luxury yoga props, has seen its sales rise 55% in the first four months of 2009. Sales at Amazon.com during this period are up a stunning 87%, and the company just signed a deal with Dick's Sporting Goods, a major retailer with 389 stores across the country. Manduka offers the Black Mat PRO, a thick, cushiony black mat, for between $74 and $130, depending on its length, and the biodegradable eKO for between $42 and $70. "Manduka is the Porsche, the Ferrari of yoga...

Author: /time Magazine | Title: No Stress: Pricey Yoga Mats Sell Briskly in Recession | 5/27/2009 | See Source »

...most of the auto company's debt for equity, effectively driving the firm into Chapter 11. The century that began with the mass production of the Model T in 1909 and ended with the worst collapse of domestic vehicle demand in history is over. It was a 100-year period when Detroit was considered the seat of global manufacturing prowess, a period when the Big Three were among the largest, and often the most profitable, companies in the world...

Author: /time Magazine | Title: GM Prepares for Bankruptcy | 5/27/2009 | See Source »

...hope we have created a new culture of choice-making and priorities,” he said, “and I hope that continues whether [Harvard is] in a period of affluence or a period of some challenge...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERS | Title: Executive VP To Step Down After Less Than a Year | 5/27/2009 | See Source »

...better medications have helped reduce deaths due to heart disease among Type 1 and Type 2 diabetes patients, that trend has been seen only among men. Between 1971 and 2000, heart-related deaths among men with diabetes dropped by half but doubled among diabetic women in the same time period, according to a 2007 study. Many diabetes patients also suffer from poor circulation, which puts them at higher risk of vision problems and amputation when blood does not adequately nourish tissues...

Author: /time Magazine | Title: Sotomayor's Diabetes: Will It Be a Handicap? | 5/26/2009 | See Source »

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