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With apologies to Apple Pie, bankruptcy is as American as it gets. From the earliest days of the Republic to General Motors' June 1 filing for Chapter 11, debt relief has been at the center of a tug-of-war between competing Yankee principles: reinvention and responsibility...

Author: /time Magazine | Title: A Brief History Of: Bankruptcy | 6/15/2009 | See Source »

...Here we are at the deathbed of General Motors. The company's body not yet cold, and I find myself filled with--dare I say it--joy.' MICHAEL MOORE, Michigan native and director of the 1989 anti-GM documentary Roger & Me, after the automaker filed for bankruptcy on June...

Author: /time Magazine | Title: Verbatim | 6/15/2009 | See Source »

According to a study published in the June issue of the American Journal of Preventive Medicine, simple e-mail reminders to eat more healthfully or increase physical activity had a significant effect on the recipients' behavior. Out of 787 office workers who participated in the study, 351 were randomly selected to receive weekly e-mails and midweek reminders generated by a cost-effective, easily scalable program called ALIVE! (A Lifestyle Intervention via Email). E-mail recipients got to choose one of three focus areas: boosting physical activity, increasing fruit and vegetable intake or decreasing sugars and saturated fats...

Author: /time Magazine | Title: Too Fat? Read Your E-Mail | 6/15/2009 | See Source »

...iconic Silicon Valley company that pretty much launched - then lost - the smart-phone category, Palm has been teetering on the brink of irrelevance. But now it's fighting back with the Pre, the much hyped smart phone that Rubinstein & Co. have been working on for two years; it launched June 6 ($199 at Sprint stores in the U.S.) with all the expectations of a summer-movie blockbuster. (See TIME's video "Family Tech: Palm Pre vs. iPhone...

Author: /time Magazine | Title: The Pre: Palm's Plot to Take on the iPhone | 6/15/2009 | See Source »

...proprietary iTunes software. (Rubinstein claims he's doing Apple a favor by making it easier for Pre owners to buy music from the iTunes store.) Needless to say, Apple is hardly standing still. New iPhones are rumored - perhaps they'll be unveiled at an Apple developers' conference on June 8 - and its operating system will get an upgrade...

Author: /time Magazine | Title: The Pre: Palm's Plot to Take on the iPhone | 6/15/2009 | See Source »

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