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...Rumors are flying that Yahoo is teaming up with AOL, the long-suffering Internet division of Time Warner (which is also the parent company of TIME), as a way to stave off an unwanted merger. At the same time, there are reports that Microsoft is buddying up with News Corp. so that the two companies can increase Yahoo's offering price and corner their catch. While many industry watchers still believe that Microsoft will gobble up Yahoo eventually, chances are it will have to pay a lot more for its meal...

Author: /time Magazine | Title: The Fight for Yahoo: Five Scenarios | 4/10/2008 | See Source »

...first responders, who have in turn passed on their training to 250,000 of their colleagues back home. The bill to the taxpayers? A relative bargain at $103 million. For its part, Playas owes its continued existence to the war on terrorism. It was built by Phelps Dodge Corp. in the 1970s to house employees of its nearby copper-smelting plant. But in 1999 the smelter closed and the town of 1,500 faced extinction. New Mexico Tech came to the rescue, buying the town and 1,200 acres around it for $5 million in 2004 and establishing the facility...

Author: /time Magazine | Title: Postcard: Playas | 4/3/2008 | See Source »

...critics say the fault lies with the government itself, for a failure of oversight that allowed the Abandoned Chemical Weapons Disposal Corp. (ACWDC) to misappropriate approximately 100 million yen ($1 million) of public funds. And they question the government's commitment to removing the weapons, which remain lethal more than 60 years after the war. Cleaning up these caustic reminders of Japanese aggression in China would be a practical way for Japanese Prime Minister Yasuo Fukuda to act on his stated desire to improve relations between the two countries. Yet, while a Japanese Ministry of Foreign Affairs spokesperson said that...

Author: /time Magazine | Title: Japan's China Weapons Cleanup Hits a Snag | 3/31/2008 | See Source »

...Jaguar Cars, one of Britain's most iconic - and troubled - automotive brands was on the block. The Ford Motor Co. and General Motors Corp., Detroit's two biggest heavyweight players in the industry, both wanted what resembled a dented, but potentially valuable, possession. Ford won the ensuing bidding war, paying $2.5 billion for the coveted car brand. Accelerate ahead 11 years to 2000, and Ford again had its checkbook out, paying $2.7 billion for Land Rover, another luxury British carmaker that had run into some rough road. It also invested many billions more trying to turn both companies around, mainly...

Author: /time Magazine | Title: Ford and Tata Finalize $2.3B Deal | 3/26/2008 | See Source »

Ichiro's reverence for the bat came to him during a 1992 visit to the wise man of batmaking, 64-year-old Isokazu Kubota, master craftsman for equipment manufacturer Mizuno Technics Corp. Over the past 49 years, Kubota has made custom-designed wooden bats for more than 1,500 professional players, including Pete Rose and Hideki Matsui...

Author: /time Magazine | Title: Isokazu Kubota | 3/20/2008 | See Source »

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