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...respectively. Bennigan's went bankrupt, Ruby Tuesday will shutter 40 locations by the end of February, and more than a dozen regional chains have filed for bankruptcy. "Any time people can trade down, they're doing that," says Britt Beemer, chairman of America's Research Group, which studies consumer behavior. "If you can't afford to eat at Chili's, you'll snap up McDonald's." (Third-quarter sales for Chili's dropped 3%.) (See pictures of the recession...

Author: /time Magazine | Title: In Lean Times, McDonald's Only Gets Fatter | 1/21/2009 | See Source »

...quickly acceded to Democratic demands that he remove some of the tax breaks for small businesses). He seemed, at every turn, to predict that he would make mistakes; he did so once more at the congressional lunch immediately after he was sworn in. The cumulative effort of this behavior has been to convey a sense of seriousness - not just in his own personal aspect but also in the work of his team. In gestation, this was an Administration marked by attention to detail and a deep appreciation of the intricacies of governance...

Author: /time Magazine | Title: Obama Promises New Destiny, Work Begins Today | 1/21/2009 | See Source »

...Happily, though, our new President seems to have an honest predilection for treating his opponents with respect. He seems intent on hearing their points of view and arguing, decorously, with them - that's why he accepted a dinner invitation at conservative columnist George Will's house. This is radical behavior in the village on the Potomac. It could force everyone to argue more carefully, to think twice before casting aspersions, to remember that the goal has to be more than temporal electoral victories - but, in this moment of peril, a better and stronger nation, a less ugly and dangerous world...

Author: /time Magazine | Title: Obama Promises New Destiny, Work Begins Today | 1/21/2009 | See Source »

...engulfed by racially tinged protests over the brutal New Years Day killing of 22-year old Oscar Grant III by transit officer Johannes Mehserle. Grant and a few friends were returning home from New Years Eve revelry, when they were stopped by Bay Area Rapid Transit Police for rowdy behavior. As documented by several amateur cell phone videos, Grant, who was unarmed, appeared to act cooperatively. Mehserle, however, threw him facedown onto the ground, and straddled his back while another officer squatted near Grant’s neck. Mehserle then drew his gun and fired into Grant?...

Author: By The Crimson Staff | Title: Policing the Police | 1/20/2009 | See Source »

...strangled in his quarters in March 2000 just as Russia's second war in Chechnya was beginning. The Budanov case became a symbol for the thousands of human-rights abuses committed by both sides in Chechnya. Budanov served part of a 10-year sentence but was paroled for good behavior and released last Thursday. At the news conference just before his death, Markelov said he might file an appeal against Budanov's early release to the European Court of Human Rights...

Author: /time Magazine | Title: Murder in Moscow: A Lawyer Gunned Down | 1/20/2009 | See Source »

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