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...startup founded by former Ralph Lauren executive and philanthropist Miles Rubin. Coda Automotive, Rubin's next project, takes that relationship a step further. The Coda sedan (the body is made by another Chinese auto company, Hafei Motor) will run for about $45,000 when it goes on sale in California in 2010. Coda expects to sell about 2,700 cars in the first year, with an annual sales target of around 20,000. For Coda's Czinger, the China connection allows him to keep his costs low and, more importantly, to manufacture on demand, which cuts his risk considerably. There...

Author: /time Magazine | Title: Electric Cars: China's Power Play | 8/31/2009 | See Source »

Then there's the other end of the spectrum: the cities where houses for sale look inexpensive compared with rentals. The top 10 metro areas on that list are Cleveland, Phoenix, Las Vegas, Cincinnati and, in California, Oakland, Riverside, Sacramento, San Francisco, Los Angeles and San Jose. An important caveat: those cities' 15-year price-to-rent ratios include the bubble years. Does Las Vegas appear cheap? Sure. The current ratio there is 14.6, significantly below where it's been over the past 15 years (19.3). But that average has been influenced by the go-go years. Exclude them...

Author: /time Magazine | Title: Own-ward Bound? | 8/31/2009 | See Source »

...fantasy craze has even crept into our educational system. Dan Flockhart, a former middle-school math teacher in California, designed a fantasy-based curriculum that thousands of teachers are using in their classrooms. His workbook, Fantasy Football and Mathematics, encourages students to draft teams and compute points according to formulas that incorporate basic math concepts like decimals, fractions and negative integers. But before you conclude that this trend is the final sign that American education is doomed, know this: fantasy math may be working. According to preliminary research by the University of Mississippi, most teachers who use Flockhart's program...

Author: /time Magazine | Title: Fantasy Football: Is It Going to Our Heads? | 8/31/2009 | See Source »

...essay is a lesson in cognitive dissonance. “He quickly comes to the defense of affirmative action, which is based on group preferences,” said Ward Connerly, former regent of the University of California. “Why then does he discount this classification when talking about Asians...

Author: By Brian J. Bolduc | Title: A Dull Diversity | 8/31/2009 | See Source »

...According to a declassified narrative released by the Senate Intelligence Committee, the CIA briefed committee members about its interrogation program on Sept. 6, 2006. In the weeks that followed, according to a person familiar with the matter, California Democrat Diane Feinstein, a member of the committee, raised concerns with the CIA about the use of enhanced interrogation techniques. Several other members of the committee spoke publicly about their concerns over the techniques in the months that preceded Bradbury's 2007 memo...

Author: /time Magazine | Title: McCain Denies Giving O.K. to a CIA Torture Tactic | 8/31/2009 | See Source »

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