Friday, May 22, 2009

TIME Daily News 24/7

Today's Top Stories

Paying Back TARP: Good for Banks, Bad for Shareholders?

By STEPHEN GANDEL

Back from the brink, banks are now eager to repay the government's TARP funding. But is this bad news for investors?

Iran's Missile Test: A Message to Obama and Netanyahu

By TONY KARON

Iran's latest missile test was an exclamation point in U.S.-Israel discussion on Tehran's nuclear program. Can the three sides find compromise?

Greens Celebrate Cap-And-Trade Victory — Cautiously

By BRYAN WALSH

Environmentalists got a long-awaited victory Thursday when a carbon cap-and-trade bill took a step toward become law, but some worry it won't have meaningful impact on U.S. emissions

Newburgh 4: "These Guys Picked the Wrong Town"

By BOBBY GHOSH / WASHINGTON

The alleged terrorists' first mistake was to pick targets in a city with formidable counterrorism resources

When a Soldier Murders: Steven Green Gets Life

By JIM FREDERICK / PADUCAH

The crime was heinous but the accused had already been discharged from service in Iraq and had to be tried back home in the States. How the jury came down

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TIME Blogs

Swampland

By Ling Woo Liu

In this video, an agitated man is reprimanding a small toddler for coughing without covering his mouth.

Special Package

Summer Arts Preview

TIME's top critics survey this summer's not-to-be-missed arts events — from Bruno to Lil Wayne, from Harry Potter to Thomas Pynchon

Quotes of the Day

"It's like a slasher movie where every morning we come in and see who's still alive."
STEPHEN POUND,
British member of Parliament, on the ongoing scandal of politicians' expense claims
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Postcard from...

Aracena

What Swine Flu? Spain Celebrates Cured Ham

By Lisa Abend

At this year's World Congress of Cured Ham in Aracena, Spain, attendees laughed in the face of swine flu to celebrate the finest of pig produce

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