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...bigger picture, though, consider a GM dealership that was run by three brothers and closed down in November 2008, taking with it 26 jobs. One brother, John Boyette, moved out of town in search of work, while another, Norman, is selling used cars for a dealer in Cary, 50 miles away. "We're getting along the best we can now," says Norman. It's axiomatic that if the local dealership can't sell cars, then GM doesn't need as many parts from Eaton, which then doesn't need as many Brian Whitfields...

Author: /time Magazine | Title: The Ripple Effect: What One Layoff Means For A Whole Town | 9/11/2009 | See Source »

...cautionary tale,” highlighting the consequences of a technology-based childhood. Much of the film is devoted to Harris’ upbringing and his relationship with his mother, whom he refused to see even on her deathbed. Interviews with Harris’ brother, in particular, reveal how he went from television addict to internet geek to friendless, heartless mad scientist. Though Timoner refers to herself as a “freak magnet,” the film has a surprisingly sympathetic gaze, making it much more than a voyeuristic expose of a socially-stunted creep...

Author: By Mia P. Walker, CRIMSON STAFF WRITER | Title: ‘Public’ Exposure at Brattle Theatre | 9/10/2009 | See Source »

Hyatt has long been rumored to be contemplating an IPO. The rumor mill started churning in 2002 when a bitter feud erupted between members of the Pritzker family (which owns Hyatt) over inheritance issues. The squabble began when two of the younger heirs, Liesel Pritzker and her brother Matthew, sued their father and 10 older cousins, claiming they had misappropriated about $1 billion from each of their trust funds. A nasty court battle ensued, in which an intricate web of offshore trusts was unveiled that grabbed the attention of the IRS. When the smoke cleared, the clan had agreed...

Author: /time Magazine | Title: Hyatt's IPO: Bad Timing or Family Necessity? | 9/9/2009 | See Source »

...port side: Brazil's Luiz Inácio Lula da Silva, Paraguay's Fernando Lugo, Ecuador's Rafael Correa, Argentina's Cristina Fernández de Kirchner, Bolivia's Evo Morales and the grand old man of social revolution, Raúl Castro. (Stone profiled Raúl's brother in a similarly indulgent 2003 poli-doc, Commandante.) The only missing socialist leader is Daniel Ortega, President of Nicaragua - a regime whose electoral council outlawed the two main opposition groups from participating in the 2008 election and barred outside observers from monitoring the vote, which was widely criticized as rigged...

Author: /time Magazine | Title: South of the Border: Chávez and Stone's Love Story | 9/8/2009 | See Source »

Hungry for Afghan pistachios, I stopped by a shop where the owner, a friend, assured me that everything was fine, thanks to Allah, for him and his family. Then, in a whisper, he told me that his brother was kidnapped and held for 20 days before the captors and the family could agree on a ransom. Now he and his brother, who survived the communists, a brutal civil war and the Taliban, are thinking about quitting the business and leaving Afghanistan. "It doesn't look good," he told me, and over the years I've come to trust his merchant...

Author: /time Magazine | Title: A Return Visit to Kabul: Is Time Running Out? | 9/7/2009 | See Source »

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