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...Screen Actors Guild (SAG) prepares to announce the nominees for its annual awards ceremony on Dec. 18, it is not in such a celebratory mood. Hollywood's largest actors' union is currently grappling with whether or not to go on strike against studios over revenue from online films and television shows - the same issue that compelled writers to strike for 100 days earlier this year. On Dec. 15, a New York City SAG town-hall meeting devolved into a heated back and forth between union President Alan Rosenberg - who is planning to spend $100,000 of the group's money...

Author: /time Magazine | Title: The Screen Actors Guild | 12/18/2008 | See Source »

This month the game is looking frenzied. On Dec. 1, Ryanair made a $1 billion takeover bid for Irish flag carrier Aer Lingus, the second such offer from Ireland's no-frills airline in as many years. The Irish carrier has rebuffed the offer, but shareholders have until Jan. 5 to decide. (See TIME's Top 10 business deals...

Author: /time Magazine | Title: In the Downturn, Europe's Airlines Scramble to Merge | 12/18/2008 | See Source »

...Dec. 10, Virgin Atlantic said it was in talks with Germany's Lufthansa over the future of BMI, a British airline that Lufthansa is currently taking over. This year the German carrier has taken a 42% stake in Austrian Airlines, with plans to pick up the rest later, and a similar share in Brussels Airlines, which handed the Cologne-based carrier access to west Africa. British Airways has been talking to Spain's Iberia and Australian carrier Qantas about a merger...

Author: /time Magazine | Title: In the Downturn, Europe's Airlines Scramble to Merge | 12/18/2008 | See Source »

...deals will happen, of course. Bosses at both Iberia and Qantas have warned BA that it can join forces with only one of them, and on Dec. 18, Qantas and BA said talks had come to an end after the airlines failed to agree on "key terms" of a deal. One of the problems in Europe is that few airlines - Ryanair and Lufthansa are exceptions - have enough cash on hand to simply buy smaller rivals...

Author: /time Magazine | Title: In the Downturn, Europe's Airlines Scramble to Merge | 12/18/2008 | See Source »

...State Department spokesman Sean McCormack said last week that Washington was "deeply concerned by reports that Chinese citizens have been detained, interrogated and harassed" since the document's publishing, and was "particularly concerned about the well being of Liu Xiaobo." Chinese Foreign Ministry spokesman Liu Jianchao told journalists on Dec. 16 that the U.S. position was another example of an unwelcome "interference of other nations in China's internal affairs...

Author: /time Magazine | Title: Beijing Clamps Down After Call for Democracy | 12/17/2008 | See Source »

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