Friday, February 13, 2009

TIME Daily News 24/7

Today's Top Stories

Plane Crashes in Suburban Buffalo, 49 Dead

By AP / JOHN WAWROW

A commuter plane crashed into a suburban Buffalo home and erupted in flames late Thursday, killing all 48 people aboard and one person on the ground, authorities said

After Gregg Jilts Obama, Washington Assesses the Damage

By MICHAEL SCHERER / WASHINGTON

The Commerce Secretary nominee's sudden exit underscores the challenge the President faces in moving beyond the partisan divisions that have long defined national politics

How Much Is Too Much Space Junk?

By JEFFREY KLUGER

A collision between two satellites sparks new worries about the hazards of space debris

What Obama Must Learn: Don't Trust, But Try to Reconcile

By JOE KLEIN

In the history of the Obama Administration, Judd Gregg's decision to pull out of the Commerce job will seem a pinprick.

A Better Bank Fix: Cut Every Mortgage's Principal

By ARI J. OFFICER

Banks can't unload their toxic assets. But what if their assets weren't toxic?

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TIME Blogs

Swampland

By JOE KLEIN

In the history of the Obama Administration, Judd Gregg's decision to pull out of the Commerce job will seem a pinprick.

Special Package

25 People to Blame for the Financial Crisis

The good intentions, bad managers and greed behind the meltdown

Quotes of the Day

"I looked out my window and the whole sky illuminated with orange flame."
SHAWN WOLF,
eyewitness, on the crash of a Continental Connection flight near Buffalo, New York that killed 49 people
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Postcard from...

Tokyo

Princesses Preen in a Pauper Economy

By Michiko Toyama

Japan's hime-kei fashion trend has thousands of young women spending thousands of dollars dressing like Marie Antoinette

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