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...awards ceremony took place at the Waldorf Astoria in New York City on March 16, 1950, co-sponsored by three other literary organizations in a coup of writers awarding other writers. Nelson Algren won in the fiction category for his tragic American hero story, The Man with the Golden Arm, William Carlos Williams in the poetry category for his work Paterson: Book III and Selected Poems, and Dr. Ralph Rusk in the nonfiction category for The Life of Ralph Waldo Emerson. The New York Times noted the following day that "of the principal prize winners only one, Mr. Algren...

Author: /time Magazine | Title: The National Book Awards | 11/19/2008 | See Source »

...billion in cash at the end of the third quarter despite having burned through $7.7 billion in that period - half of which was tied to halting the production of F Series pickups because of slow sales. The company recently introduced a new version. Ford Credit, the company's finance arm, remains profitable because, unlike GM's 49%-owned bank, GMAC, it doesn't have a subprime mortgage business. On top of that, Ford can still draw on credit lines totaling $10.1 billion. "We are doing everything we can to create a relevant company for the long term," Mulally told...

Author: /time Magazine | Title: Ford Might Be the Winner if the Auto Bailout Fails | 11/19/2008 | See Source »

...Russian series is set to air early next year. With a live arena show about to tour the globe, the aim is to "create the world's biggest 
 motoring entertainment brand," says Wayne Garvie, director of content and production at BBC Worldwide, the broadcaster's commercial arm...

Author: /time Magazine | Title: Top Gear's Road to Riches | 11/19/2008 | See Source »

...that boarding procedure, a Temple tractor and trailer full of gunmen raced towards us. They jumped out and they started firing. That's when I was hit by gunfire as I was trying to take cover behind one of the plane wheels. Fortunately I was only hit in the arm a couple of times and was able to jump up and sprint to the jungle and take cover. When I came out a few moments later, I saw that the Congressman had been killed, that three of the newsmen had been killed-including my partner on that trip, San Francisco...

Author: /time Magazine | Title: Q&A: A Jonestown Survivor Remembers | 11/18/2008 | See Source »

...such thing as a bad boy. And I have come to believe there is no such thing as a bad family." There is a 12-year-old girl at Boys Town now who desperately wants to see her mother, he says, the same mother who broke the girl's arm and used to hold her down and burn her with cigarettes. "Why, I wonder? But if she can see something good there, surely there is good in all families...

Author: /time Magazine | Title: The Abandoned Children of Nebraska | 11/18/2008 | See Source »

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