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...hybrid Silverado, which gets better than 20 m.p.g., is the first genuine hybrid in the critical pickup-truck segment, which represents 15% of the total U.S. market. It's promising but a bit undernourished - the launch of this new hybrid truck has been undermined by cuts in production and advertising as GM has struggled to conserve cash. GM CEO Fritz Henderson says company-wide production should level out during the second half of 2009, and Peper asserts that advertising across models will increase over the next six months. If the hybrid Silverado is successful, it could be a very tangible...

Author: /time Magazine | Title: Can GM's New Models Woo Back Buyers? | 7/15/2009 | See Source »

...tank the American Enterprise Institute and a former top economist at the Federal Reserve, says the problem with the stimulus bill is that it stimulates parts of the economy - like the health-care and alternative-energy industries - that were likely to grow anyway. He believes it would have been better to spend on U.S. manufacturing, where demand is much less certain to resurface and jobs are being shed rapidly. "I don't buy the argument that you just have to give the stimulus package more time," says Reinhart. "By the test they put forward to grade the stimulus...

Author: /time Magazine | Title: Obama's Stimulus Plan: Failing by Its Own Measure | 7/14/2009 | See Source »

...definitely this way," I say. We drag beach chairs and Food Emporium bags toward 81st. A guy selling old photos of New York in plastic covers shakes his head. He points farther downtown. "That entrance's better," he says...

Author: By Emily C. Graff | Title: The Summer of our Discontent | 7/14/2009 | See Source »

...Court nominee Sonia Sotomayor at the University of California, Berkeley. In that talk - on the subject of a Latino presence in the American judiciary - Sotomayor now famously said, "I would hope that a wise Latina woman with the richness of her experiences would more often than not reach a better conclusion than a white male who hasn't lived that life." In May, after the blog Verum Serum and then the New York Times posted the text of the speech online, a vaudevillian assortment of right-wing politicians and commentators have taken this remark as evidence that Sotomayor...

Author: /time Magazine | Title: Just What Is a 'Wise Latina,' Anyway? | 7/14/2009 | See Source »

...Arad, said the Palestinians, including Palestinian Authority President Mahmoud Abbas, were not committed to living in peace with Israel. "Even the moderates among them do not really want a settlement," Arad said. "At most, they are striving toward a settlement in order to renew the confrontation from a better position." As a result of U.S. pressure, a Palestinian state of "stamps, parades, carnival [...] That could happen," Arad said. "A fragile structure, yes; an arrangement resting wholly on wobbly foundations...

Author: /time Magazine | Title: Despite Jewish Concerns, Obama Keeps Up Pressure on Israel | 7/14/2009 | See Source »

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