Thursday, July 2, 2009

TIME Daily News 24/7

Today's Top Stories

The Battle Over Michael Jackson's Legacy

By RICHARD CORLISS

The icon's death has sparked a war over his legacy. Inside his final days

Why Big Oil Declined Iraq's Riches

By VIVIENNE WALT / PARIS

Baghdad's first auction for the rights to develop its massive energy reserves is a flop, as economic and political factors restrain foreign investors

Will Obama Tax Employer-Provided Health Benefits?

By KAREN TUMULTY

To hold down costs, the President may be relenting on an idea he criticized John McCain for during the campaign

Outlook For the U.S. Dollar Darkens

By ADAM SMITH

As fear of the financial crisis recedes, investors feel less wedded to the U.S. dollar. Add in America's ballooning deficit, and the outlook for greenbacks is getting grim

New College-Loan Plan: Pay Back By What You Earn

By GILBERT CRUZ

A new federal plan with caps monthly payments aims to kick private lenders out of the market

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TIME Blogs

Swampland

By AUSTIN RAMZY

The China Environmental Law blog has praise for a Chinese Ministry of Environmental Protection site that updates water quality data every four hours.

Special Package

Appreciation: Michael Jackson 1958 - 2009

On the news of Michael Jackson's death of cardiac arrest on June 25, 2009, the world began to mourn the life of a global icon; the Internet sputtered as fans reached out for more information

Quotes of the Day

"It is India's Stonewall...It is a fabulously written judgement, and it restores our faith in the judiciary."
ADITYA BANDOPADHYAY,
activist and lawyer on New Delhi's highest court decriminalizing homosexuality, thus overturning the 148-year-old colonial law which described a same-sex relationship as an "unnatural offence"
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Postcard from...

Remembering the Kursk in Murmansk

By Peter Savodnik

Nine years after a Russian submarine accident killed 118 sailors, Moscow wants to forget the episode. But for those who lost loved ones, it's time to remember

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