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...Apple? Over the course of a two-year contract, the company could lose as much as $160 per user versus the old deal. That explains why Apple's stock dropped more than 2% on Monday...

Author: /time Magazine | Title: Steve Jobs Bets the Apple Farm | 6/10/2008 | See Source »

...ever went to a vote, it would force the bill's supporters to come out in favor of higher gas prices, and the Republican TV attack ads would produce themselves. No wonder moderate Dems wanted Reid to ditch the bill. At a meeting of Senate Democratic legislative directors, on Monday, June 2 - the day the Senate took up the bill - staffers were howling that Reid and Boxer were leading their bosses into the Valley of Death, forcing debate on a bill that didn't have the votes to pass, one that Republicans would soon be calling the "Boxer Climate...

Author: /time Magazine | Title: Why the Climate Bill Failed | 6/9/2008 | See Source »

...years following its 1947 creation, bomber pilots-think of the cigar-chomping Curtis LeMay-largely ran the U.S. Air Force. That changed starting in 1982, when an unbroken chain of nine fighter-pilots-turned-four-star-generals took charge. Which is why Monday's announcement that Defense Secretary Robert Gates was tapping General Norton Schwartz, currently running the Pentagon's globe-girdling transportation network on land, air and sea, to be the beleaguered service's 19th chief of staff, meant more than your average military promotion...

Author: /time Magazine | Title: A New Leader for a New Air Force | 6/9/2008 | See Source »

...nomination apparently came just in time. His biography on the Transportation Command website- which lists his first big military mission "as a crewmember in the 1975 airlift evacuation of Saigon," a sign of humility rarely witnessed among fighter pilots-had the words "Retiring effective Jan. 1, 2009" at noon Monday, but that line was gone...

Author: /time Magazine | Title: A New Leader for a New Air Force | 6/9/2008 | See Source »

...Obama make this election a referendum on the U.S. economy? He's certainly going to try. If his speech in Raleigh, N.C., Monday afternoon was any indication, though, it's not going to be a slam dunk. It's clear that Obama's economic policies aren't a continuation of the Bush era. But what they are remains a hard-to-summarize mix of moderate Democratic standbys, populist silliness and the occasional truly visionary proposal. They haven't coalesced into anything you could really call a rallying cry. Not yet, at least...

Author: /time Magazine | Title: What Is Obama's Economic Plan? | 6/9/2008 | See Source »

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