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...Chihuahua has more than just escapism going for it. As the tale of an overindulged heroine learning to do without her day spa, it might appeal to moviegoers who are tightening their budgets. "Sometimes a Chihuahua is not just a Chihuahua," says Paul Dergarabedian, president of box-office analysis firm Media by Numbers. "The whole riches-to-rags story resonates well in this economic climate...

Author: /time Magazine | Title: Chihuahua: Hollywood's New Top Dog | 10/14/2008 | See Source »

Luckily, citizens won't have to pitch in. New York real estate firm The Durst Organization, which owns and operates the clock, plans to install an updated model sometime next year that can display a quadrillion dollars. In the meantime, the company has hacked the current display to provide a temporary solution - replacing the dollar sign at the front of the number with an extra digit...

Author: /time Magazine | Title: The Times Square Debt Clock | 10/14/2008 | See Source »

...lawyers that represented ACORN in a 1995 lawsuit in which it accused the state of Illinois of violating federal polling laws, and spoke at two leadership training sessions for ACORN employees a few years later. In February, the Obama campaign paid $800,000 to Citizen Services Inc. - a consulting firm affiliated with ACORN - for what the New York Times called "get-out-the-vote efforts", and erroneously reported it on campaign filings. It's interesting to note that John McCain has connections to ACORN as well; he was the keynote speaker at a 2006 rally co-sponsored by the organization...

Author: /time Magazine | Title: ACORN | 10/14/2008 | See Source »

...Last week, the Big Fear gripped Silicon Valley big time. The always-optimistic entrepreneurs who thrive out here came down with a major case of the Pessimism Flu. The contagion was traced to a special meeting called by Sequoia Capital - the blue-chip venture firm - whose brains and money are behind just about any start-up of consequence. The message the VCs gave their young start-ups? Get profitable...

Author: /time Magazine | Title: MySpace to Businesses: Kiss MyAds | 10/13/2008 | See Source »

...German manufacturers are already cutting back production. On Oct. 13, Opel workers in the eastern German town of Eisenach will stay home for three weeks as GM Europe tries to adjust to falling demand for its cars. Opel was one of the first western firms to set up shop in Eisenach after the fall of the wall in 1989. The factory, which employs some 1,800 people, now produces GM's popular Corsa model for export around Europe and beyond. The town (population 40,000) has also become home to suppliers such as component maker Bosch, machine servicing firm Hormann...

Author: /time Magazine | Title: Germany's Car Industry Crashes | 10/11/2008 | See Source »

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