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...line with same-store sales reported last week. In that report, owners posted a 4% year-over-year sales increase in February at stores they had owned at least a year, reversing the 4.7% decline posted during the same month a year earlier. Today's report casts a wider net, covering everything from mom-and-pop retail shops to car dealers, so the fact that it is similar to what big retailers were reporting says the February gains were broadly distributed - a positive sign for the economy...

Author: /time Magazine | Title: A Hopeful Economic Sign: February Retail Sales Jump | 3/12/2010 | See Source »

...Despite the vehement statements of those denouncing the deal - and the veiled threats of retaliation - most observers say the chances of the spat jumping from the defense sector to wider commercial deals are small at most. Military contracts have historically been so vulnerable to protectionism and national preferences that they aren't covered by World Trade Organization rules. For that reason, says Nicole Bacharan, a specialist on U.S.-European affairs at Stanford University, "the way this contract was handled wasn't any different from how it would be handled in any other country - especially one whose defense industry...

Author: /time Magazine | Title: Europeans Cry Foul Over a Defense Contract | 3/11/2010 | See Source »

...diocesan level. The spokesman, the Rev. Federico Lombardi, said on Tuesday that German church authorities acted "promptly and decisively" to investigate the allegations after they emerged. Neither Lombardi nor the Pope himself, however, has commented on Ratzinger's admissions of slapping young people or failing to address wider suspicions of violence. The head of the German Bishops' Conference, Archbishop Robert Zollitsch, who made a public apology last week, is slated to meet with the Pope on Friday to further discuss the widening scandal...

Author: /time Magazine | Title: German Clergy Scandal Reaches the Pope's Family | 3/11/2010 | See Source »

...unaaceptable for an adaptation of “Alice in Wonderland.” Maybe this more mainstream approach is to be expected since some of Burton’s recent films like “Charlie and the Chocolate Factory” try harder to reach to a wider audience with tacky jokes and characters that try to excel at self-conscious weirdness, but it is a disappointment nonetheless...

Author: By Francis E. Cambronero, CONTRIBUTING WRITER | Title: Alice in Wonderland | 3/9/2010 | See Source »

...would remain largely unaffected by the devolution of policing and justice powers to Stormont. Nevertheless, a large-scale dissident attack could derail power sharing, an objective Mooney believes dissidents are intent on achieving. "These people are fundamental republicans, and violence is a way for them to appeal to a wider audience," says Mooney. "The greatest trick they ever pulled was convincing the world they had gone away. While the intent is there, you can't rule out more acts of terrorism." (Read "Sectarian Tension Returns to Northern Ireland...

Author: /time Magazine | Title: Why Divisions in Northern Ireland Are Reopening | 3/8/2010 | See Source »

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