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...started buying up VW stock in order to safeguard the luxury sports carmaker's future. His vision was to merge the two companies into a single holding that would create substantial economies of scale and enable Porsche to avoid being penalized under new European rules governing auto emissions and fuel consumption standards; by being part of the bigger VW group with its range of low-emission, fuel efficient cars, Porsche's sports cars wouldn't stand out, Wiedeking reasoned...

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

...black boxes, the voice recorder and the flight data recorder. They can withstand temperatures up to 2,000°F and impact forces up to 100 Gs. (A G is equal to the force of the earth's gravity.) They track pilots' conversations, engine noises, air-traffic-control commands, fuel levels, landing-gear extension and retraction and dozens of other clicks and pops that might offer insights about a plane's final moments. The boxes are made out of quarter-inch-thick panels of stainless steel. And in case you're wondering, an entire airplane can't be made...

Author: /time Magazine | Title: Black Boxes | 7/2/2009 | See Source »

Obama has already taken several whacks at waste in energy and health care. His stimulus had more than $20 billion for energy-efficiency measures designed to slash electricity use in low-income homes, on military bases and in all kinds of government buildings, while his fuel-efficiency standards for vehicles are expected to save billions of gallons of gasoline; he's also providing government financing for electric cars, and his cash-for-clunkers program is another assault on gas guzzlers. The stimulus also included $19 billion for computerizing the medical industry, which could reduce duplicative tests and office visits, plus...

Author: /time Magazine | Title: The Key to Fixing Health Care and Energy: Use Less | 6/29/2009 | See Source »

...popular counteruprising compelled the military to restore Chávez to power - was a reflection of the region's new upper- and middle-class fear. But the Honduran coup seems more troubling because it feels more archaic. And that gives Chávez and company even more political fuel for their rhetorical assaults on Washington, which they can use to strengthen not only their regional sway but also their domestic power, which currently faces serious challenges as their economies struggle...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

...Sputnik sparked an extraordinary American effort that culminated in Neil Armstrong's 1969 moon walk, which sealed the U.S.'s supremacy in space. Last month, Washington launched a $25 billion program to extend cheap loans to carmakers to help in reconfiguring their assembly lines for electric cars and other fuel-efficient vehicles...

Author: /time Magazine | Title: Asia Challenges the U.S. for Green-Tech Supremacy | 6/25/2009 | See Source »

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