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...automaker is reportedly making progress on negotiations with the United Auto Workers (UAW), open issues remain, and GM even got into a public spat with the UAW over importing cars from China and Mexico. The union is now demanding more assurances as to what cars GM plans to build in the U.S. in the future. (See portraits of autoworkers...

Author: /time Magazine | Title: GM: The Deep, Dark Shadows of Bankruptcy | 5/16/2009 | See Source »

...Responding by email, Jeff Crowley, director of the White House Office of National AIDS Policy said that the President has no plans to abandon needle exchange, but is simply not moving on the issue yet. "The President is looking forward to working with Congress and the American people to build support for this change," says Crowley, "and his Administration is committed to moving forward to address the federal ban on syringe exchange programs as a part of a national HIV/AIDS strategy...

Author: /time Magazine | Title: Why Obama Isn't Funding Needle-Exchange Programs | 5/16/2009 | See Source »

...changes aren't really about dictating what a card company can or can't charge borrowers. There's a way to do that: impose interest-rate caps, as many states' usury laws do. That isn't what Congress is on track to do. Instead, the new law, which would build on regulations issued by the Federal Reserve and other agencies at the end of last year, would, above all else, inject transparency and fairness into credit-card contracts...

Author: /time Magazine | Title: Congress's Credit-Card Bill: Playing Fair, Not Foul | 5/15/2009 | See Source »

...stealth approach, industry experts expect Wal-Mart, known for squeezing efficiencies out of suppliers and supply chains, to have an impact on India's $375 billion retail market, which is dominated by mom-and-pop businesses and outmoded distribution networks. "We can learn the science of retailing, how to build scale and efficiencies," says Kishore Biyani, chairman of Pantaloon Retail, India's largest homegrown retailer with 114 hypermarkets...

Author: /time Magazine | Title: Why Wal-Mart's First India Store Isn't a Wal-Mart | 5/15/2009 | See Source »

...attached to my project like all parents who want to see the success of their children. That's why I suffer every time when things don't come out as I've expected. This is the dharma principle that I hold to be my mentor these days. As I build, I also practice dharma." (See Time.com/Travel for city guides, stories and advice...

Author: /time Magazine | Title: The Dark and the Light Side of Thai Art | 5/14/2009 | See Source »

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