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...President Walter Mondale said, "We were talking for 20 minutes, telling old war stories. He was keeping us all laughing." And then, said Mondale, "he seemed to go into a seizure of something." After the seizure, said Senator Leahy, "a lot of us were making the sign of the cross. You can tell the Irish." Said a hopeful Dodd: "The good news is he's going to be fine." Recalling Kennedy's tone of voice before he was driven to the hospital, Dodd said, "When he bellows, he is usually in pretty good shape...

Author: /time Magazine | Title: Ted Kennedy Suffers Seizure at Inaugural | 1/20/2009 | See Source »

...cuts cross pressured all of the GOP groups," said a top Republican lobbyist who described Obama's transition as "brilliant." "How do groups like the U.S. Chamber of Commerce or the National Association of Manufacturers come out against them? He very quickly picked off all the important interest groups and locked in a lot of votes with those proposals...

Author: /time Magazine | Title: In Transition, Obama Comes Up Aces | 1/20/2009 | See Source »

...just market analysts who are hoping for a Nikkei rebound. Japan has a unique vulnerability to negative stock-price momentum. Cross-shareholdings, a mainstay of traditional Japanese business practice in which companies hold shares of other firms to cement friendly relationships, make stock-price losses a broadly shared pain. Not only are Japan's megabanks involved in cross-shareholding; auto and electronics manufacturers like Toyota, Nissan and Sharp are too. Companies and financial groups own about 20% of the shares on the Tokyo Stock Exchange...

Author: /time Magazine | Title: Japan's Stock Market Waits on a US Recovery | 1/16/2009 | See Source »

...Most commercial airlines are now replacing older three- and four-engine planes with more-efficient double-engine aircraft. Because these newer engines are quieter, birds are less likely to detect and avoid them. Worse still, fewer engines mean fewer backups should a plane and a flock of birds cross paths...

Author: /time Magazine | Title: The US Airways Crash: A Growing Bird Hazard | 1/16/2009 | See Source »

...most reported conflict. Barred by Israel from entering Gaza even before the firing started, most foreign reporters can only get near the war zone by chasing down the occasional rocket sent by Hamas into Israel. Still, the press has once again found itself caught in a different kind of cross fire: the propaganda battle, across all media platforms, between Israel and Hamas (and the supporters of each) for international sympathy. And the reason Joe the Plumber is angry is that, despite (and perhaps also because of) Israel's overwhelming military superiority, the Jewish state is losing on the propaganda front...

Author: /time Magazine | Title: Fighting the Media War in Gaza | 1/14/2009 | See Source »

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