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...fallen apart, jeopardizing the division's future, which had grown increasingly tenuous over the years as its American owner slid into insolvency and bankruptcy. Saab was tentatively scheduled to begin operating as an independent company starting Jan. 1, 2009, once GM's sale to Koenigsegg Group AB, a Swedish maker of exotic vehicles, had closed. (See pictures: "GM's Eight Great Hopes...

Author: /time Magazine | Title: Is This the End of the Line for Saab? | 11/25/2009 | See Source »

...record - Beemer's sales predictions have been accurate within a half of 1% over the past 17 of 18 holiday seasons - the economy shouldn't expect a Christmas gift. "It's a heck of a challenging time," says Mark Israel, president of Hearts on Fire, a high-end jewelry maker, "and we have to respond." Israel says Hearts on Fire will sell more products than usual below the $3,000 price point...

Author: /time Magazine | Title: Thrifty Spouses Could Hurt Holiday Shopping | 11/17/2009 | See Source »

...Educated at international schools in Nairobi, Ndesandjo, an American citizen, moved to the U.S. after high school, where he earned physics degrees from Stanford and Brown as well as an executive M.B.A. from Emory University. Soon after 9/11, he was laid off from his marketing job at telecommunications-equipment maker Nortel Networks in Atlanta. He decided to reinvent himself by moving to China, a country he had visited with classmates while at Emory. Since 2002, he has taught English and worked as a business consultant in Shenzhen, a 14 million-strong metropolis in southern China, just across the border from...

Author: /time Magazine | Title: Obama's Half Brother Makes a Name for Himself in China | 11/17/2009 | See Source »

...Behind the uninflected stories of Nine Lives, though, lies an elegiac keening. For as fast as rural people are streaming into India's exploding cities and logging companies are cutting down sacred groves, the traditions that have sustained the devout for generations are being threatened. The maker of sacred sculptures tells us how his son, though he has inherited the ancestral gift, wants to become a computer engineer, preferring a comfortable future to a way of life that has lasted over 700 years. The son of a dreadlocked Tantric sadhu is "an accountant with Tata." A temple dancer sees...

Author: /time Magazine | Title: William Dalrymple's Nine Lives: Into the Mystic | 11/9/2009 | See Source »

...July summit in Moscow, Obama praised Medvedev and referred to Putin as having "one foot in the old ways of doing business." He later praised Putin too, but his Administration has done little to build bridges with the Prime Minister, who remains a crucial national decision maker. Secretary of State Hillary Clinton did not even see Putin when she was in Moscow recently, because the Administration did not coordinate the trip with his office; he was off signing an energy deal in China. (See TIME's photo-essay "Vladimir Putin: Action Figure...

Author: /time Magazine | Title: Moscow in the Middle | 11/9/2009 | See Source »

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