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...outsourcing to new levels, about 70% of the aircraft. (Boeing and Airbus both averaged about 50% on previous jets.) The change in supply management has increased competition among suppliers and subcontractors, which will allow Boeing to speed up final assembly of the 787. The goal is three days, in contrast to 14 days for the 777. Boeing hopes to produce up to 16 aircraft a month, which would mean exceeding the 112 planned deliveries...

Author: /time Magazine | Title: How Boeing Got Going | 8/30/2007 | See Source »

...tripping over themselves to get away from Craig as yet another scandal risks further depressing their base. The effect of the Craig scandal "will be to intensify their anti-gay rhetoric," said Becky Dansky, federal legislative director at the National Gay and Lesbian Task Force, pointing to the contrast between the treatment of Craig and that of Louisiana Senator David Vitter, who admitted to being involved with the infamous D.C. Madam. "Vitter received a standing ovation from his party caucus; Senator Craig is immediately forced out of his committee positions just because of the gender involved in the scandal," Dansky...

Author: /time Magazine | Title: Why Dems Stayed Silent on Craig | 8/30/2007 | See Source »

...Despite the crowds of industry, press and movie lovers who descend on it, Toronto manages to remain a working city during the festival. This is in stark contrast to the resort towns the other major festivals swallow whole. When festival goers bundle up to make their way down Main Street in Park City, Utah, during Sundance in January, they're not just protecting against the cold, but also against the teeming horde in search of a hot cup of coffee in one of Park City's crowded cafés. Toronto, with its easy public transportation, crisp weather and metropolis...

Author: /time Magazine | Title: Big-Screen Romance | 8/29/2007 | See Source »

...lineup is in sharp contrast to the so-called "buddy cabinet" of almost a year ago, made up of Abe's friends and largely first-time ministers. With key positions such as the cabinet speaker and foreign affairs minister now filled by LDP veterans who control powerful factions within the party, Abe's new cabinet is more reminiscent of days when appointments were handed out to political factions to curry favor and support - and is a sign that the embattled Prime Minister now needs all the help...

Author: /time Magazine | Title: Japan's Abe Names New Cabinet | 8/28/2007 | See Source »

...these rising house values added trillions to our sense of national wealth, but it is an illusion. If everybody, or even a fraction of everybody, tried to cash in on this rising value, prices would collapse, and the value would disappear. (By contrast, there aren't millions of onion owners counting on the value of their onions to keep going up year after year.) Economists predicted for years that something like this would happen as the boomer generation aged. Nobody believed them...

Author: /time Magazine | Title: Your House Is Worth Less? Good | 8/23/2007 | See Source »

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