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Last month the U.S. Army bumped favored defense contractor L-3 Communications from a $4.6 billion contract to provide translators and interpreters in Iraq. A new venture called Global Linguistic Solutions (GLS), headed by retired Army Major General James (Spider) Marks and primarily formed to bid on the contract, landed the job. The surprise caused L-3 shares to fall nearly 6%; the company lowered its sales forecast this year by $500 million...

Author: /time Magazine | Title: Translation Nation | 1/12/2007 | See Source »

...China's smiling face visible only to its south. In a cordial state visit last year, Hu reached out to India--an old rival with which it still has some disputed borders. The two countries pledged to double trade by 2010 and agreed to bid jointly for global oil projects on which they had previously been competing. Hu has also sought to mend ties with Japan, another longtime rival, with whom China's relations have deteriorated in recent years. Last October, Hu met the new Japanese Prime Minister, Shinzo Abe, in Beijing just days after Abe took office, a visit...

Author: /time Magazine | Title: China Takes on the World | 1/11/2007 | See Source »

Without a conference tournament, the opening games in conference play in the Ivy League matter more than in any other conference in Division I basketball.With the automatic NCAA bid only going to the regular season winner, a slow start in league play is usually devastating, while a fast start can jump a team into title contention.“We have a young team with so many freshmen and sophomores,†said Harvard head coach Frank Sullivan. “What we have been trying to impress upon them is every game is a must win. Every half...

Author: By Ted Kirby, CRIMSON STAFF WRITER | Title: Crimson Seeking Revenge in Ivy Home Opener | 1/11/2007 | See Source »

...Hillary Clinton is likely to draw on those friendships for her own possible Presidential bid."People in Hollywood who care about changing the world see people in Washington as a way to do it,"observes Marge Tabankin, Streisand's political guru and former director of the now-disassembled Hollywood Women's Political Committee (HWPC), of which Streisand was a founder."And people on the Washington axis recognize that Hollywood has been an incredibly generous zip code for political giving. They view celebrity as a megaphone which can be useful...

Author: /time Magazine | Title: The Spielberg Primary | 1/9/2007 | See Source »

...Denver is the current favorite for the convention because the only other serious candidate, New York City, seems to be making only a half-hearted bid. The Mile High City is seen as a good jumping-off point for a West eyed hungrily by Democrats. Of course, Denver has long been a Democratic stronghold - with Mayors John Hickenlooper and Federico Pena and Congresswomen Pat Schroeder and Diana DeGette - though the state of Colorado can tilt red or blue, depending upon the whims of independents. The past election marked a transition from Republican Governor Bill Owens to Democrat Bill Ritter. Nevertheless...

Author: /time Magazine | Title: The Dems Versus Labor in Denver | 1/7/2007 | See Source »

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