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...fix, Porsche turned to the German government for help, but was rebuffed. Wiedeking has been negotiating with the Gulf state of Qatar over a cash infusion, but has so far failed to reach any deal. Piech sees the crisis as an opportunity to turn the tables and for VW to take control of Porsche, rather than the other way around. He's offered to buy Porsche's auto operations - but in a manner that provoked a furious response. Last weekend, the usually press-shy Wolfgang Porsche fired off an angry statement to the media accusing his cousin of issuing...

Author: /time Magazine | Title: Why VW and Porsche are On a Collision Course | 7/2/2009 | See Source »

...these steps, and the Obama Administration appears to be attacking the staggering cost of higher ed from the back end - that is, if we can't fix how much college costs, at least we can try to fix how you pay that cost back. "There's clearly a lot of work to do in bringing down the cost of college," says Edie Irons, spokesperson for the Project on Student Debt. "But even if you froze college tuition at every institution tomorrow, you'd still have this problem where people are borrowing incredible amounts of money to take important jobs that...

Author: /time Magazine | Title: New College-Loan Plan: Pay Back By What You Earn | 7/2/2009 | See Source »

...argue in your book that the so-called "age of cheap" is unsustainable. Right. It's a short-term fix. I talk about Ikea being the least sustainable company on the planet. That's a quote, I didn't say that. But the reason is that they rely on consumers to carry huge costs for the company. (Read "Wal-Mart vs. Target: No Contest in the Recession...

Author: /time Magazine | Title: What Cheap Stuff Really Costs Us | 7/2/2009 | See Source »

...images out of your mind," Guna says. "After I saw that, I was so much more active in organizing campaigns. We have no control of Sri Lanka's government and its corruption, but we haven't just washed our hands. We're determined to fix...

Author: /time Magazine | Title: War's End Hasn't Stilled the World's Young Tamil Voices | 7/1/2009 | See Source »

...later, when the results revealed everything to be normal, I asked the radiologist how many infants were diagnosed with a problematic pelvis. Not many, I was told. However, she continued, the government reasoned that it was far more cost-effective to X-ray every newborn in the country - and fix the deformity before the child learned to walk - than shoulder the cost of corrective surgery when it was older. Needless to say, there are psychological benefits to this approach as well. Adrienne W. Covington, POISSY, FRANCE

Author: /time Magazine | Title: Judge and Jury | 6/29/2009 | See Source »

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