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...seems to be a case of two steps forward and one step back. The same day it reported an impressive 32% increase in sales during February, the automaker also announced it was recalling some 1.3 million compact cars built between 2005 and 2010, and suspending sales of 2010 Chevrolet Cobalt so it can fix a power steering assist...

Author: /time Magazine | Title: For GM, It's Two Steps Forward, One Step Back | 3/4/2010 | See Source »

...National Highway Traffic Safety Administration opened an investigation Jan. 27 into approximately 905,000 Cobalt models in the United States after receiving more than 1,100 complaints of loss of power steering, 14 crashes and one injury, GM disclosed. "We're playing this as honest and transparent as we can," said Mark Reuss, president of GM's North American Operations. (See the 50 worst cars of all time...

Author: /time Magazine | Title: For GM, It's Two Steps Forward, One Step Back | 3/4/2010 | See Source »

Runs take place through featherlight powder under cobalt skies and are at least 1,000 m long - often double that. Views stretch out for hundreds of kilometers in every direction. In the early days, many of the bowls, chutes and peaks had never been touched or even seen by humans, let alone felt the impact of skis or boards. And there is still no sign of global warming except perhaps to the eyes of the most knowledgeable guides and locals, who say that even in this frozen wonderland there has been some loss...

Author: /time Magazine | Title: Skiing in Alaska: Sheer Heart Attack | 2/3/2010 | See Source »

Lunch at the site of the future Ramu nickel and cobalt mine in the remote hills of Papua New Guinea is a hurried affair, food shoveled into eager mouths. But the menu is as divided as the two distinct groups of workers squatting in the heat, swatting away flies and filling their bellies before their nine-hour, seven-day-a-week shifts begin again. In one huddle are local laborers chewing chunks of sweet potato and the canned fish known in pidgin dialect as tinpis. In another clump are imported workers from China who dig into rice topped with pork...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

...trees used to be. Today, in what was a malarial stretch of hills and valley, huge dormitories, offices and processing plants dot the landscape, along with a 135-km slurry pipeline that snakes its way from Ramu to the coast at Basamuk. (From Basamuk, ships laden with nickel and cobalt will sail to China.) Last December, Ramu NiCo unveiled the first-ever bridge over the Ramu River, eliminating the need for a perilous canoe crossing. The company also paved a ribbon of concrete through the forest, one of the few roads in a tropical country where asphalt is almost...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

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