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Much of the automakers' argument hinges on the notion that the collapse of any of the key industry players would aggravate an already troubled economy. Fully one-third of automotive industry suppliers were deemed at risk of bankruptcy, according to a study earlier this year by Grant Thornton, a Southfield...

Author: /time Magazine | Title: The Ripple Effect of a Potential GM Bankruptcy | 11/28/2008 | See Source »

Why do we assume GM must be saved in its present form? Why not merge it with another automaker? Toyota comes to mind. The two companies already jointly operate the NUMMI (New United Motor Manufacturing, Inc) facility in California, where both GM and Toyota autos are produced. Why not take...

Author: /time Magazine | Title: Inbox | 11/27/2008 | See Source »

In recent weeks, the PNTL's most visible presence in the country has been at checkpoints on main roads into Dili. They are part of an operation to block any armed protesters from taking part in an anti-government march proposed several months ago by the Fretilin opposition. The roadblocks...

Author: /time Magazine | Title: Missing the Beat | 11/27/2008 | See Source »

That attempt to further disrupt Thailand's leadership failed. By Thursday morning several ministers and other lawmakers from the ruling party had arrived at the Prime Minister's home in Chiang Mai. More than 100 police officers guarded the housing estate, where Somchai returned the day before after having been...

Author: /time Magazine | Title: Thai Protestors Close Second Airport In Standoff | 11/27/2008 | See Source »

Gay rights supporters scored another major victory in court Tuesday, when a state judge in Miami tossed out a statute that had for more than 30 years barred gay people in Florida from adopting children. The decision came after a week packed full of dueling expert testimony over whether any...

Author: /time Magazine | Title: The Fight Over Gay Adoption Heats Up | 11/26/2008 | See Source »

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