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Action-movie battles rarely end in a tie. Luke Skywalker and Darth Vader didn't go fiercely at it, putting their lives and the fate of the Empire on the line, then stop their epochal fight and say, "Eh, let's go for a beer." But the Independence Day weekend smackdown between last week's champ, Transformers: Revenge of the Fallen, and the cartoon contender Ice Age: Dawn of the Dinosaurs ended in a tie, with each film earning $42.5 million at the North American box office - if you believe the official numbers. (Check out TIME's Transformers review...

Author: /time Magazine | Title: Ice Age vs. Transformers: It's a Draw! | 7/5/2009 | See Source »

...typical line worker at a GM plant in Ramos Arizpe or Silao earns $2.80 per hour, a mere 10% of the $28 per hour (not including benefits) earned by his counterpart in Grand Rapids, Mich., or Oshawa, Ont. Add in GM's crushing legacy costs - pension and health-care obligations to retirees - which are only a minor consideration in Mexico, and it explains why the country is a cash...

Author: /time Magazine | Title: Canada Spends Big to Save GM, So Why Not Mexico? | 7/3/2009 | See Source »

...criticizing the article. Heidi Moore, a former reporter at the Wall Street Journal who used to cover Goldman and other investment banks for the paper, wrote in response to another journalist's question about the piece, "For the record, I don't think any article that contains the line 'vampire squid sucking the face of humanity' [Taibbi's opening description of Goldman] is real journalism." (See the top 10 magazine covers...

Author: /time Magazine | Title: Goldman Sachs vs. Rolling Stone: A Wall Street Smackdown | 7/3/2009 | See Source »

...Mark • professed efforts of to fall back in love with wife of seem doomed, since mistress of is still believed by to be the "soul mate" of, and it turns out the guard of was let down by with plenty of other women (though the technical "sex line" was not crossed with them by, only with the mistress of) and if all that wasn't bad enough, contract for book by is canceled by publisher...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 7/3/2009 | See Source »

...prices is leading us astray: in their bid to drive down costs, big-box stores have kept the salaries and benefits for their employees to a bare minimum; fashion retailers have prioritized price over style and quality, often using their outlet stores to hawk a completely different line of merchandise. Finally, what kind of bottomless plate of scampi do you really think 15 bucks can buy? In her new book, Cheap: The High Cost of Discount Culture, Shell argues that our never-ending pursuit of cheap has blighted our landscape, depressed working wages and (yes) contributed to the global financial...

Author: /time Magazine | Title: What Cheap Stuff Really Costs Us | 7/2/2009 | See Source »

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