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...fast; hold your horses: one of the most extraordinary pages in America's corporate history was about to be written. Apple's "mercurial" co-founder Steve Jobs (people like Jobs always find themselves tagged with words like that) was fired from his own company just a year after the Mac's release. In exile he created Pixar Animation Studios and the NeXT computer. His return to Apple in 1997, after it purchased NeXT, is now the stuff of legend. In the design department, Jobs saw the work of a young Briton called Jonathan Ive and asked for a meeting...

Author: /time Magazine | Title: The iPad Launch: Can Steve Jobs Do It Again? | 4/1/2010 | See Source »

...Ford Motor Co. increased sales 43%, thanks to a boost from commercial buyers replacing worn out pickup trucks and other vehicles. Overall, Ford's sales increased 37% during the first quarter; the increases posted in February and March were the company's best monthly gains since...

Author: /time Magazine | Title: Auto-Sales Jump in March: Is Recovery Finally Here? | 4/1/2010 | See Source »

...longer-term worry is that the Great Recession seems to have put a crimp in Americans' long-standing love affair with the automobile. R. L. Polk & Co., of Southfield, Mich., reported this week that the number of cars and light trucks scrapped in the 15 months from July 1, 2008, to Sept. 30, 2009, "substantially outnumbered" new vehicle registrations. Polk's tally for the 15-month period shows that 14.8 million vehicles were scrapped, while registrations of new vehicles totaled 13.6 million. That suggests that families may be downsizing from three cars to two or even fewer and escaping...

Author: /time Magazine | Title: Auto-Sales Jump in March: Is Recovery Finally Here? | 4/1/2010 | See Source »

...released earlier this month, Amnesty said firms in Germany, Spain, the Czech Republic and Italy were selling items like electroshock "sleeves" and "cuffs" capable of delivering 50,000-volt shocks, spiked batons and fixed wall restraints to at least nine countries, including Pakistan, China and the U.A.E. Amnesty, which co-published the report with the London-based Omega Research Foundation, says the companies are using legal loopholes to evade restrictions put in place after the E.U. passed a law in 2006 banning the sale of torture equipment. (See "20 Reasons to Love...

Author: /time Magazine | Title: Is the European Union Exporting Torture Devices? | 3/31/2010 | See Source »

Amnesty executive officer David Nichols, who co-authored the report, says E.U. governments are failing to live up to their responsibilities. "There does not appear to be any political will to deal with this problem and close the loopholes," he says. "The 2006 rules were a landmark move to counter torture, but the E.U. isn't doing enough to make sure they work properly." (See pictures of the global financial crisis...

Author: /time Magazine | Title: Is the European Union Exporting Torture Devices? | 3/31/2010 | See Source »

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