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GM's decision to back out of the sale of its European operations this week was a huge embarrassment for German Chancellor Angela Merkel. She had thrown her weight behind the bid by the Canadian-Austrian car-parts maker Magna and its Russian partner, Sberbank, to buy Opel and Vauxhall...

Author: /time Magazine | Title: GM Keeps Opel, Announces Job Cuts, Angers Germans | 11/5/2009 | See Source »

So what do we pay attention to? People we know. Other customers. Most companies that have put uncensored and unfiltered user reviews on their websites have found that it doesn't hurt business at all. I think a lot of companies are finding that they are far better off by...

Author: /time Magazine | Title: Shoptimism: Why We Buy Things | 11/5/2009 | See Source »

Merkel does have one option left: to take her complaints about GM straight to the top. Government sources said on Thursday that she had spoken to President Barack Obama about the situation on Wednesday night. Obama reassured Merkel that he had not been involved in GM's decision to back...

Author: /time Magazine | Title: GM Keeps Opel, Announces Job Cuts, Angers Germans | 11/5/2009 | See Source »

There were no trumpet blasts or jubilant ceremonies to mark the occasion. But the decision by Czech President Vaclav Klaus to sign an agreement he loathed on Tuesday was momentous, nonetheless. The long-delayed passage of the Lisbon Treaty - the Czech Republic had been the last holdout among the European...

Author: /time Magazine | Title: A Treaty Ratified, the E.U. Turns to Picking Its Leader | 11/4/2009 | See Source »

The Lisbon Treaty, which comes into effect on Dec. 1, will allow the E.U. to streamline many of its voting and decision-making procedures to alleviate the bureaucratic tangles that slow the organization down. It will also create a European Council president and a new foreign policy chief and strengthen...

Author: /time Magazine | Title: A Treaty Ratified, the E.U. Turns to Picking Its Leader | 11/4/2009 | See Source »

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