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...21st century, the agency will be turning to a mix of suppliers to dream up its rockets, notably United Launch Alliance (ULA), a joint venture of Lockheed and Boeing. The company already has a big and impressive lineup of boosters that it sells regularly to the military and commercial launchers. And with 37 flights in the past 36 months, it clearly knows its business. The problem is that ULA rockets were not built for the trickier job of launching people, and not a single one of them is crew-rated. It will take at least four years to make...

Author: /time Magazine | Title: No Liftoff: Obama's Plan Grounds NASA | 2/2/2010 | See Source »

...Chinese people and their hard-earned success. But more than a few foreign business leaders are asking themselves if they have been bamboozled by the system. Multinationals have been solid citizens in China, handing over heaps of capital, technology, training, source code, best practices and proprietary products to joint-venture partners they were forced into bed with. They have funded schools, orphanages, disaster reconstruction, overseas scholarships and all manner of poverty-alleviation programs. But now that the China market matters more to them, it appears that China couldn't care less. Increasingly difficult China-market access is the immediate worry...

Author: /time Magazine | Title: The China Fix | 2/1/2010 | See Source »

Stand-up comics call it a "tough crowd," but then tough crowds are part of their business. It's a whole other matter to be met with cold stares when you are the President of the United States, talking in prime time before a joint session of Congress, when your party controls both chambers by historic margins. (Read "Obama's State of the Union Address: Five Ways to Judge Its Success...

Author: /time Magazine | Title: State of the Union: A Feisty Obama, a Frosty GOP | 1/28/2010 | See Source »

...Inside the chamber, the GOP did away with the pranks and gimmicks they displayed the last time Obama addressed a joint session. Eschewing paper signs or rude interruptions, they seemed content to pass the time with the sort of cool confidence that accompanies a sense of ascendancy. House minority leader John Boehner, bronzed and cocky, kept making faces and spreading his hands in disbelief at Obama's applause lines. (See Barack Obama's top 10 sound bites...

Author: /time Magazine | Title: State of the Union: A Feisty Obama, a Frosty GOP | 1/28/2010 | See Source »

...Although it was his first official State of the Union address, it was the third time that Obama had addressed a joint session of Congress in prime time. The first, in February 2009, was an introduction, a statement of goals and principles. The second, in September, was a defensive play, an attempt to reclaim the high ground on health care, which had begun to slip away. This third time was a declaration of his having survived his first serious setback and of his determination to keep trying...

Author: /time Magazine | Title: State of the Union: A Feisty Obama, a Frosty GOP | 1/28/2010 | See Source »

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