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...kind of agreement with Renault/Nissan will mean Chrysler has come full circle over 21 years. In 1987 it was Chrysler that acquired the American Motors Corp. from the struggling French automaker. Chrysler employees, reeling ever since Daimler AG cut them loose last summer, are now utterly demoralized as they await their fate, according to sources inside the company...

Author: /time Magazine | Title: Detroit's Big Three Near the Brink | 10/24/2008 | See Source »

...stricken areas, and to scour the area for pirates before they strike. Last April, French forces had stormed the luxury cruiser Le Ponant to rescue 30 vacationers and crew members taken hostage by Somali pirates. Six of those pirates, plus six others captured after another French hostage intervention, now await trial in Paris...

Author: /time Magazine | Title: Will NATO Navies Stop Somali Pirates? | 10/24/2008 | See Source »

...Analysts also await Google's third quarter earnings announcement on Thursday as an indicator of how the technology company will be able to grapple with the tough economic climate. Ross Sandler, senior internet analyst at RBC Capital Markets, expects Google's revenue to be up 33.5% over the same time last year with a 3% growth rate from second to third quarter, even though its stock price recently sank to the lowest it has been in two years. "Google is down 25% in the last month or so, but ... there is nothing wrong with Google structurally," says Sandler. "Every company...

Author: /time Magazine | Title: Four Reasons the Markets Are Still Troubled | 10/15/2008 | See Source »

...clearly didn't suspect that Merkel would issue a unilateral savings guarantee the next day. Still, Sarkozy and his fellow E.U. leaders also made it clear that it may now be too late to do much else but limit the extent of the damage in the current drama and await new global rules on finance and business ethics to be set to avert future calamities...

Author: /time Magazine | Title: Europe Scrambles as the Credit Crisis Goes Global | 10/6/2008 | See Source »

...trot both leisurely and tense. It's good to spend time with a movie that takes its time. Granted, Harris doesn't advance the genre; instead he burrows into it, finds a home there, as one might retreat to musty library stacks, where old pleasures and treasures await...

Author: /time Magazine | Title: Corliss on Appaloosa, an Old-School Western | 9/19/2008 | See Source »

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