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...filmmakers; my G.I. tract, in fact the communal contumely of critics, is irrelevant to box-office performance. G.I. Joe could be a Transformers-size hit, or it could be another The Golden Compass, the first episode of the His Dark Materials novels; that film cost $180 million and helped drive New Line Cinema out of business. Who knows? Nearly 30 years ago, director Robert Benton mused on a famous flop of the day. "When Steven Spielberg made 1941," Benton said, "he probably thought there...

Author: /time Magazine | Title: G.I. Joe: The Rise of Cobra: Straight to Self-Parody | 8/7/2009 | See Source »

...drug lobby argues that an $80 billion commitment is not inconsequential. At least $30 billion will go directly toward discounts that lower the cost of drugs to seniors who get caught in Medicare's infamous gap in coverage known as the "doughnut hole." But the real boost that the drug lobby is giving to the health-reform effort is a political one. Ken Johnson, a spokesman for the Pharmaceutical Research and Manufacturers of America, insists his organization is wholeheartedly behind the idea of comprehensive health reform. And as he puts it, "We are a force to be reckoned with...

Author: /time Magazine | Title: PhRMA Deal Puts Obama, Congressional Dems at Odds | 8/7/2009 | See Source »

...Insurers are also keenly aware that they can afford to offer coverage to everyone who applies only if coverage is truly universal. "If there's a requirement that everyone will participate, it's possible to do these market reforms without cost skyrocketing," says Robert Zirkelbach, spokesman for Ignagni's group, America's Health Insurance Plans (AHIP). Put another way, says Kahn, "Insurance isn't free, and you have to have groups with many more healthy people than sick." As a result, insurers are pushing for harsher financial penalties on Americans who would forgo insurance even in the face...

Author: /time Magazine | Title: What Insurers Are Trying to Get Out of Health Reform | 8/6/2009 | See Source »

...level of subsidies in both the House and HELP bills. The Senate Finance Committee, the lone remaining committee with jurisdiction over health care yet to produce a bill, hasn't announced which subsidy level it will support. But in an effort to win bipartisan backing and scale back the cost of the bill, it is reportedly considering limiting subsidies to Americans earning just up to 300% of the poverty line...

Author: /time Magazine | Title: What Insurers Are Trying to Get Out of Health Reform | 8/6/2009 | See Source »

...nuclear facilities in the future," says Nicolas Véron, a capital-markets and foreign-investment expert with Brussels think tank Bruegel. "A large part of [the reason] companies [are] getting the early contracts today," is down to the "agreements of knowledge and technology transfers that will cost them business tomorrow." Nuclear summer or no, that would mean an even more crowded field. Areva still has time to cement its position at the top. But it had better be quick...

Author: /time Magazine | Title: Areva's Field of Dreams | 8/5/2009 | See Source »

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