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These cash-for-clunkers efforts appear to be working well as an economic stimulus, although they've lost some of their environmental benefit. Research has shown that the greenest (and most equitable) plans target the oldest gas guzzlers and allow consumers to spend the money however they want...

Author: /time Magazine | Title: Spotlight: Cash for Clunkers | 8/17/2009 | See Source »

...answer is that it didn't die. It was killed by its owners in a high-stakes gamble to try to create a new and more profitable enterprise. (In the past nine years, the paper lost more than half its classified-ad pages.) The Ann Arbor News ceased to exist on July 23. On July 24, AnnArbor.com was launched. The new website has a paper version - also called, oddly, AnnArbor.com - that comes out on Thursdays and Sundays. The News's owner, Advance Publications, is betting it can rebrand the 175-year-old News as a Web publication, turn a profit...

Author: /time Magazine | Title: Ann Arbor Kills Its Newspaper — To Save It | 8/17/2009 | See Source »

...think the most satisfying moments were when I saw lives saved--children suffering from cancer, for example, treated through radiotherapy machines provided by the agency. The most dissatisfying moment of my life, of course, was when the Iraq war was launched. That hundreds of thousands of people lost their lives on the basis of fiction, not facts, makes me shudder...

Author: /time Magazine | Title: 10 Questions for Mohamed ElBaradei | 8/17/2009 | See Source »

...jail doors had barely slammed behind Bernie Madoff before publishers were racing to be first in the scandal's inevitable book sweepstakes. The victims of Madoff's Ponzi scheme, in which more than 4,000 clients lost $65 billion, may have been wiped out, but there is still a chance to make a killing on a best seller. After intense jockeying for position, three Madoff tomes will hit the streets on Aug. 11, about 150 years before Bernie does...

Author: /time Magazine | Title: Bernie Madoff — Publisher's Best Friend? | 8/17/2009 | See Source »

...life had been devastated by the war: two of his sons were killed in cross fire, another went missing while crossing the front lines during the last hours of the fighting. "I am old," he says. "I can't look after my family for much longer. I have lost children to the war." Holding one of his grandchildren while the others played, he says, "We need a better and peaceful future." He adds, "The Virgin has brought us together, she has given us hope. It is now up to us to live together...

Author: /time Magazine | Title: How the Virgin Mary Survived Sri Lanka's Civil War | 8/17/2009 | See Source »

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