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...Most of that increased output will end up in the U.S., but GM Canada may ultimately pay the highest price for the shift in production. The reason is that, going forward, slashing output in Oshawa - its main production facility, located east of Toronto - comes at a much lower political price than doing the same in the U.S., where the U.S. Treasury and United Auto Workers control nearly...

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

...November so it can be on prime-time television. All of these changes were designed to accommodate and capitalize on a bigger field. The first year I did it, we couldn't even fill a table. They had something like 6,800 total entrants for last year's Main Event. In the beginning, it was always a bunch of touring pros in these. Now there are a lot of amateurs, some of whom are pretty good...

Author: /time Magazine | Title: Q&A: Poker Legend Doyle Brunson | 7/2/2009 | See Source »

...know how lucky I am to be 75 and competing with these young kids. I don't think I've lost any of my mental acuity; the body is breaking down but the engine is still pretty good. That said, for me the Main Event isn't really about skill anymore - it's all about numbers. I can be the best player in the world, but because I'm Doyle Brunson, I have to jump too many hurdles to win. People read my books so they know how I'll play. They recognize me from TV, and they want...

Author: /time Magazine | Title: Q&A: Poker Legend Doyle Brunson | 7/2/2009 | See Source »

...staggering debt, perhaps $500 million, reflects a lifetime of indulgence on antiques, houses, helicopters, more than $100 million in annual upkeep on the 2,500-acre (1,000 hectare) Neverland estate and the hosting of an army of parasitic hangers-on, pseudo advisers and business partners whose main concern did not seem to be him. Says a source with knowledge of Jackson's finances: "All these other guys tried to set these deals up - lucrative deals up - everything from starting theme parks in different countries to other brand-extension-type ideas. They were trying to set up deals and take...

Author: /time Magazine | Title: The Battle Over Michael Jackson's Legacy | 7/2/2009 | See Source »

...Islamic Republic has been busy in three main ways since the presidential elections of June 12. Rejecting charges that the result - a 63% vote for incumbent Mahmoud Ahmadinejad - was the result of fraud, the regime organized a partial recount, which on June 29 reconfirmed Ahmadinejad's victory, a finding the opposition continues to reject. Simultaneously, the regime worked to put down the widespread street demonstrations that followed the disputed poll, sending in police and pro-government militiamen to beat up and disperse demonstrators. Now, with the street protests dying down, the regime has attempted to rescue its legitimacy by casting...

Author: /time Magazine | Title: In Iran, Conspiracy Theories Flourish As Regime Tries to Regain Legitimacy | 7/2/2009 | See Source »

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