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...This may be an early Christmas present for F1 (and the media, of course), but some tough questions must be asked. First, will the 41-year-old be fit enough to compete against drivers half his age? And will Schumacher be able to adjust to the changes that have been made to the sport's rules since he last raced at the end of 2006? (For example, there are now limits to how many engines can be used, pit-lane speeds, starting weights and track testing.) Aylett believes Schumacher will do fine, saying he'll "come back in with fresh...

Author: /time Magazine | Title: Michael Schumacher: F1 Star to Return | 12/23/2009 | See Source »

...Mondragon story began in 1941, when a Catholic priest, Jose Maria Arizmendiarrieta (often shortened to Arizmendi), found in the Basque town war-torn devastation where there had been a thriving manufacturing base. He opened a polytechnic school, which in 1956 spawned its first cooperative, a stove factory. Half a century later, the Mondragon enterprise encompasses firms making everything from machine tools to electronics to bicycles, along with a retail division, a university and a significant financial sector, with the large cooperative bank Caja Laboral at its core...

Author: /time Magazine | Title: In Cleveland, Worker Co-Ops Look to a Spanish Model | 12/22/2009 | See Source »

...medical loss ratio is a superb instrument," Rockefeller said in an interview with TIME, adding that customers have a right to know how much of their premiums are spent on administrative costs like marketing, salaries and profit. "If you buy a gallon of milk and you end up with half a gallon, you're not really happy about that. But in that case, you can take it back to the store and get mad." (See the top 10 health care reform players...

Author: /time Magazine | Title: Forcing Insurers to Spend Enough on Health Care | 12/22/2009 | See Source »

...lead country for Honda Motors' planned global small car - tentatively named the 2CV - which will begin selling by the end of 2011. Struggling General Motors began producing the pint-sized Chevrolet Spark in India last year and plans to roll out another compact, the Chevrolet Beat, in the first half of 2010, while Ford Motors CEO Alan Mulally unveiled a made-in-India four-door hatchback, the Figo, in New Delhi in September...

Author: /time Magazine | Title: Will Your Next Car be Made in India? | 12/22/2009 | See Source »

...mortem intercession, the second step of "beatification" takes place, followed by eventual canonization if a second miracle is proven. Two popes were among the new "venerables." The first was Benedict's still-mega-popular predecessor, John Paul II. The other, however, has doubts swirling around his legacy more than half-a-century after his passing. The inclusion of Pope Piux XII among the venerables brought howls of protest from Jewish groups across Europe and the world...

Author: /time Magazine | Title: Benedict's Pope: Should Pius XII Become a Saint? | 12/22/2009 | See Source »

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