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That gloom is enveloping Toyota City. The town of 420,000 in eastern Japan has been synonymous with Japanese manufacturing prowess for decades. The residents were so proud of Toyota that in 1959 they changed the city's then name, Koromo, to match its most important citizen. But the town...

Author: /time Magazine | Title: At Toyota's Home Base, Townspeople Are Worried | 2/10/2010 | See Source »

Meanwhile, one possible buyer lurks on the sidelines: Warner Music, the third largest record company in the world. CEO Edgar Bronfman has long coveted EMI, but mutual intransigence has thus far prevented a merger. Some Terra Firma officials fear that Citigroup simply wants to "flip" EMI by making a quick...

Author: /time Magazine | Title: EMI's Downfall: Will the Hits Keep Coming? | 2/9/2010 | See Source »

If you ever felt comfortable going skinny-dipping, it was likely before you saw Stephen Spielberg’s 1975 thriller “Jaws.” Similarly, if you plan on seeing director Adam Green’s newest horror film “Frozen,?...

Author: By Alex C. Nunnelly, CRIMSON STAFF WRITER | Title: 'Frozen' Director Adam Green Unthaws | 2/9/2010 | See Source »

• In 2006, Fonseka, by then a Lieutenant General, was nearly killed by a Tamil Tiger suicide bomber (the group pioneered the deadly tactic following the start of its war for an independent Tamil homeland in 1983). After receiving treatment abroad, Fonseka returned to his desk within three months of...

Author: /time Magazine | Title: Sarath Fonseka | 2/9/2010 | See Source »

* | What They're Wearing in South Africa: The African National Congress might want to stick to politics. In a bid to foster unity, South Africa's ruling party has introduced 19 leather jackets in black, green and gold, its official colors. But while President Jacob Zuma sported a similar look...

Author: /time Magazine | Title: The World | 2/8/2010 | See Source »

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