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...other end fitting into a standard 110-volt or 220-volt outlet. It will become the industry standard by 2011. "There aren't going to be any Beta vs. VHS issues to confuse the introduction of electric cars," says Gery Kissel, a General Motors Corp. engineer who served as chairman of the Society of Automotive Engineers committee, which compiled the EV-charging standards to which all manufacturers have agreed...

Author: /time Magazine | Title: As Electric Cars Arrive, Where Will They Plug In? | 11/18/2009 | See Source »

...last year, a surprising jump considering that the U.S. was in the depths of the financial crisis during the previous holiday season. "Parents want to maintain gift-spending levels for their kids, so they are showing more willingness to trim on each other," says Britt Beemer, founder and chairman of America's Research Group...

Author: /time Magazine | Title: Thrifty Spouses Could Hurt Holiday Shopping | 11/17/2009 | See Source »

Perhaps the most surprising revelation during last month's hearing was that four of Michigan's wealthiest men - including Compuware CEO Peter Karmanos Jr., auto retailer Roger Penske and Quicken Loans chairman Dan Gilbert - had given a total of nearly $240,000 in loans to Kilpatrick's family around the time he left prison. Precisely how the money was used is unclear. The executives swiftly issued statements nearly identical in tone to explain their actions. "We were concerned about the city's inability to move forward due to the situation and circumstances that had surrounded Mayor Kilpatrick and his administration...

Author: /time Magazine | Title: In Detroit, Kwame Kilpatrick's (Money) Troubles Continue | 11/17/2009 | See Source »

...Those relations resumed in October when Xu Caihou, vice chairman of China's Central Military Commission, visited Washington. "Xu went to America and talked to Obama about arms sales," says Yan Xuetong, director of the Institute of International Studies at Tsinghua University in Beijing. "But the arms sales will continue because of the Taiwan Relations Act. That shows that they can talk nicely, but can't reach an agreement...

Author: /time Magazine | Title: Five Things the U.S. and China Still Disagree On | 11/16/2009 | See Source »

...arguing that it's one way to narrow a trade gap that reached $268 billion last year. While the U.S. is unlikely to make any progress on pushing China to allow its currency to appreciate, it could make a stronger case on preventing piracy, says James McGregor, the former chairman of the American Chamber of Commerce in China. As China tries to move beyond cheap manufacturing, its companies will begin to suffer more from poor protection of intellectual property. Piracy "is still a horrendous problem here and it's alarming for the business community," he says...

Author: /time Magazine | Title: Five Things the U.S. and China Still Disagree On | 11/16/2009 | See Source »

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