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...list presented to GM by the President's auto task force is stark and steep: shrink labor costs, including retiree health-care expenses; slash debt; kill or sell low-performing brands; and reduce the number of models for sale and the number of dealers selling them. Should GM, the United Auto Workers (UAW) and the company's bondholders fail to figure out how to execute those tasks by June 1, the government will usher GM into bankruptcy, which could lead to its breakup into "good" and "bad" subsidiaries. The bad would be sold for parts...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

...Travis, a 200-pound, 14-year-old male chimp, broke free from his house in Stamford, Conn., and mauled a woman to near-death. Travis’s owner, Sandy Herold, sought to slay Travis with a butcher’s knife; it took several police bullets to kill...

Author: By Lewis A. Bollard | Title: The Chimp Charade | 3/31/2009 | See Source »

...were tired physically and emotionally [from the NYU match]. To get that win last night in the fifth game and to come in here and face a very good Sacred Heart team, we were just a little bit drained.”Despite registering 19 kills and hitting .385 in the first set, the Crimson could not find any fuel for its offensive game. In the second and third sets, Harvard managed only 11 and 15 kills, respectively. This allowed Sacred Heart to take a 2-1 lead over the Crimson.“[Sacred Heart...

Author: By Kevin T. Chen, CRIMSON STAFF WRITER | Title: Weekend Sweep Earns Crimson Tie for League Lead | 3/29/2009 | See Source »

...fiasco was a scary cultural moment, coming just two weeks after the release of the movie The China Syndrome, but there was nothing particularly tragic about it. It didn't kill people. It didn't kill nuclear power, which still provides 20% of U.S. electricity. It didn't even kill TMI; the plant's surviving reactor is about to receive a 20-year extension of its operating license. If anything, the core meltdown did some good, prompting desperately needed upgrades of nuclear safety standards. (See the 10 worst nuclear disasters...

Author: /time Magazine | Title: Three Mile Island at 30: Nuclear Power's Pitfalls | 3/27/2009 | See Source »

...Even 9/11, which supposedly "changed everything," and the resulting Iraqi debacle came to seem like mere bumps in the road. Even if deep down everyone knew that the spiral of overleveraging and overspending and the prices of stocks and houses were unsustainable, no one wanted to be a buzz kill...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

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