Oil Spill: How Bad is the Damage?

Over on the main page, TIME’s Michael Grunwald has a contrarian take on the Gulf oil spill. Far from being the greatest environmental catastrophe in American history—as everyone from President Obama to, well, me has said—Grunwald reports that the damage seems to have been limited. The number of bird kills is far lower than those [...]

Cleaning Up on the Oil Spill

We keep hearing about the economic devastation that the oil spill will cause—and for Gulf fishermen and BP shareholders, that’s certainly true. But there are some companies specializing in oil spill cleanup that will be making a mint off the biggest  environmental disaster in U.S. history. In this week’s TIME paper edition—oh, and iPad—my colleague [...]