March 15, 2013 Anat Admati, finance professor at Stanford and co-author of a new book on American banks, argues that banks carry too much debt and have too little equity. Government support allows them to hide their risky behavior, distorting the economy as a whole, she says.
March 15, 2013 Tim Harris had wanted to open a restaurant for as long as he could remember. In 2004, with help from his father, Tim, who has Down syndrome, opened Tim's Place in Albuquerque, N.M. He calls it the world's friendliest restaurant, and doles out hugs to customers six days a week.
March 15, 2013 A giant reservoir of natural gas lies under the ocean floor, and no one had successfully extracted it until this week. Japanese engineers pulled it up through a well from under the Pacific. But there are still lots of unanswered questions about the viability of this new gas supply.
March 15, 2013 Mississippi State University defied its state's unwritten rule of never playing against a team with African-Americans. Its 1963 NCAA tournament match against Loyola University, which had four black players in its starting lineup, became a symbol in the effort to overturn Jim Crow policies.
March 15, 2013 Next week marks the anniversary of a landmark Supreme Court decision that says defendants facing substantial jail time deserve legal representation in state courts, even if they can't afford it. Now, many lawyers say the system for providing defense attorneys for the poor is in crisis.