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...retiring until every American agrees with me.' RUSH LIMBAUGH, conservative radio talk-show host, on his unprecedented new contract, estimated at $400 million...

Author: /time Magazine | Title: Verbatim | 7/10/2008 | See Source »

...month E.U. presidency it assumed on July 1. Officials rejected criticism that the accord--which calls for stiffer border controls and expulsion policies and an alignment of asylum rules--was intended to crack down on immigration. The proposal reached consensus only after certain elements, including an "integration contract" dictating immigrants' behavior, were removed. An estimated 8 million illegal immigrants reside...

Author: /time Magazine | Title: The World | 7/10/2008 | See Source »

...stock price dropped below $10 this week to its lowest level in 54 years, down significantly from $43 last fall after the automaker had signed a new four-year labor contract with the United Auto Workers that included significant concessions. JPMorgan said the company has to raise $10 billion in fresh capital in the next several months. Merrill Lynch was even less optimistic. "We believe there is potential downside in the stock below $7 and that bankruptcy is not impossible if the market continues to deteriorate and significant incremental capital is not raised," Merrill Lynch analyst John Murphy wrote...

Author: /time Magazine | Title: Can General Motors Recover? | 7/5/2008 | See Source »

...military needs to arrive at a consensus concerning proper mental-health care for troops. When I received a diagnosis of a mental illness in 2003 prior to an impending deployment, my military psychiatrist advocated for me. Despite my suggesting an alternative assignment to honor the terms of my contract, he recommended a medical discharge, giving me the opportunity to recover and develop the coping skills necessary to live a successful life. Not all military officers are so empathic. Had I been forced to deploy at that time, I know the stresses of being in a war zone would have exacerbated...

Author: /time Magazine | Title: Inbox | 7/3/2008 | See Source »

...operate at a volume high enough to distribute nationally, Luber and Engram contract out most of their operations, from spice importing, labeling and packing to sales and distribution. They have yet to pay themselves a salary. Of the more than $1 million invested in TSP so far, about $500,000 has come from outside investors, the rest from the founders' pockets...

Author: /time Magazine | Title: Spice Girls. | 7/3/2008 | See Source »

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