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Most of GM's current workers have a reasonably good chance of keeping their jobs if the company remains independent and gets significant government loans. GM has already cut so many blue collar workers that it operates with a skeleton staff and will not have the capacity to ramp up production with its current staff levels when the car markets eventually rebound even if the rebound is a modest...

Author: /time Magazine | Title: The Battle for What's Left of GM Gets Meaner | 4/17/2009 | See Source »

...future in these final weeks of negotiation will be decided by old men who have retired from years of blue collar living pitted against old men in business suits who have legions of attorneys trying to redeem their bonds at close to face value. The interests of each side are precious enough that neither side is likely to back down...

Author: /time Magazine | Title: The Battle for What's Left of GM Gets Meaner | 4/17/2009 | See Source »

...than 1,500 locations in the U.S., needs a spark. The recession has forced diners to flee restaurants like Denny's, the Cheesecake Factory and P.F. Chang's and head to either cheaper fast-food joints or the comfort of home. "For Denny's, the core consumers are blue-collar families," says Anton Brenner, restaurant analyst at Roth Capital Partners. "They've been squeezed very hard." In the fourth quarter of 2008, same-store sales dropped 6.1%. Sales fell 3.7% for the year, and the company's stock price, at $2.14 a share, has dropped 30.5% over the past...

Author: /time Magazine | Title: Denny's: Where the Food Is Free and Drunks Can Pee | 4/11/2009 | See Source »

...ship canvas was everywhere - and turning away from fresco or egg tempera to the relatively new and more pliant medium of oil paint. Drag a loaded brush over the textured surface of a canvas, and a whole range of sensual effects are possible. The feathery plush of a fur collar, the glint of light on armor, the nap of rough cloth - they could all be suggested by oil in ways that tempera couldn't quite...

Author: /time Magazine | Title: Renaissance Venice's Big Men on Canvas | 4/10/2009 | See Source »

...ties • ostensible coolness of, now that Tucker Carlson's collar is unadorned...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 4/10/2009 | See Source »

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