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...price agreed on last year with Rio Tinto. But with the negotiations stretching long past their original June 30 deadline, steadily climbing prices for iron ore have steelmakers sweating. "Clearly the Chinese insistence that the price be cut further no longer can be sustained," says Jim Lennon, a Macquarie Bank analyst, who notes that talks "have gotten increasingly acrimonious...

Author: /time Magazine | Title: Spotlight: The Rio Tinto Scandal | 8/3/2009 | See Source »

...said that inside every comedian is the urge to play Hamlet. (Hey, Mel Gibson did it.) Well, inside Judd Apatow, he wishes, is a secret Jim Brooks. James L. Brooks is the sitcom titan (Mary Tyler Moore, Taxi, The Simpsons) who forged an Oscar-winning film career as the writer-director of comedy-dramas about attractive neurotics. The needy souls from Terms of Endearment, Broadcast News, I'll Do Anything and As Good As It Gets were all variously self-aware and self-absorbed, and they struck viewers not as comic constructs but as real, flawed people...

Author: /time Magazine | Title: Funny People: Uneasy Mix of Humor and Heart | 7/31/2009 | See Source »

Brooks is the secret touchstone of Funny People; indeed, its two-part structure is Terms of Endearment in reverse, with the deadly disease coming before the lovey stuff. (Sandler even did a Jim Brooks film; unfortunately, it was that rare Brooks misfire, Spanglish.) And where Brooks' stories are usually about the fine line of ethics in human relationships - does a newsman fake a tear in an interview? Does a production assistant lie about her boyfriend to her producer? - this one is about whether a man who says he needs love really deserves it. And (POSSIBLE SPOILER ALERT) the big ethical...

Author: /time Magazine | Title: Funny People: Uneasy Mix of Humor and Heart | 7/31/2009 | See Source »

Voinovich, Sen. George • blame for the downfall of the Republican party - "We got too many Jim DeMints and Tom Coburns. It's the southerners" - is placed...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 7/31/2009 | See Source »

...gotten rusty at legislating," says Representative Jim Cooper, a Tennessee Democrat. He is being kind. There are only two sorts of legislation that seem to pass these days: things that have to pass, like budgets - and cotton-candy giveaways, like tax cuts or the wildly irresponsible, unfunded Medicare drug bill that George W. Bush enacted. Occasionally, responsible actions take place in the budget process. Bill Clinton spent most of his political capital on deficit reduction, which helped fuel the economic boom of the 1990s. Obama has just managed to kill the F-22, an anachronistic fighter jet. Very, very occasionally...

Author: /time Magazine | Title: Will Special Interests Stymie Health-Care Reform? | 7/30/2009 | See Source »

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