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...sselsheim near Frankfurt, workers were hugging friends and colleagues outside the factory on Saturday when news of the deal broke. Many were surprised the German government finally stepped in to save the traditional carmaker Opel in the nick of time, just before its parent company, the U.S. car giant, GM, went under...

Author: /time Magazine | Title: Merkel Saves Opel From GM's Fate | 6/1/2009 | See Source »

...After marathon talks on Friday night, the German government approved plans by the Austrian-Canadian car-parts manufacturer Magna to take over GM's European business. Under the deal, Opel will be placed in a trust and the German government will provide a bridging loan of $2.1 billion (€1.5 billion) to provide Opel with emergency funding and keep GM's European operations running. On top of that, the German government will give $4.3 billion (€3 billion) in loan guarantees. The Canadian firm would own 20% of the new group, Russia's biggest lender Sberbank would have...

Author: /time Magazine | Title: Merkel Saves Opel From GM's Fate | 6/1/2009 | See Source »

...show to see a question of global significance finally resolved. The final of Britain's Got Talent wasn't just about whether Susan Boyle - Scotland's least processed export since steel-cut porridge oats - would triumph. Nor were viewers drawn simply by the lure of car-crash television amid frenzied media speculation that Boyle or some other vulnerable contestant might crack on camera. The BGT final was nothing short of a referendum on Britain, a chance for a country beset by economic woes, battered by political scandals and humbled on soccer fields to vote itself a new and better image...

Author: /time Magazine | Title: How Susan Boyle's Loss Could Be Britain's Gain | 5/31/2009 | See Source »

Overdoses kill some 22,000 Americans each year - more than homicide and, in some states, like Utah, more than car accidents. Most overdose deaths happen accidentally, and most involve a combination of an opioid - either prescription painkillers, like methadone or OxyContin, or street drugs like heroin - and other depressant drugs, such as alcohol or Xanax. (Such deadly cocktails were responsible for the deaths of actor Heath Ledger in 2008 and former Playboy Playmate Anna Nicole Smith in 2007.) Typically, people who overdose on prescription drugs have a history of addiction, and they end up either taking more than their prescribed...

Author: /time Magazine | Title: Do DIY Anti-Overdose Kits Help? | 5/29/2009 | See Source »

Johnston, Levi •revelation by that Todd Palin repeatedly offered to buy Bristol a new car in exchange for the dumping...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 5/29/2009 | See Source »

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