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Perhaps it's residual behavior from the campaign. Obama was something of a blank slate coming into the primary season one short year ago, and he used a loose network of "advisers" to draw politically convenient pictures of himself for voters. When he needed to look strong on Israel, for example, he brought in Dennis Ross, a former top negotiator who has sided with Israel in policy disputes over recent years. When he wanted to look conservative on money matters he tapped the guru of anti-inflation policy, Paul Volcker. (See pictures of Barack Obama's college years...

Author: /time Magazine | Title: What's Behind Obama's Rightward Outreach? | 12/19/2008 | See Source »

...drilling in with Obama's advisers on his approach to Arab-Israeli peace talks, negotiations with Iran or education reform, and you quickly find much debate but no hard policy decisions. In that light, Obama's outreach seems less about preventive cover for liberal policies than prudent network building for whatever positions, left or right, he ends up taking...

Author: /time Magazine | Title: What's Behind Obama's Rightward Outreach? | 12/19/2008 | See Source »

...choice but to yield to larger ones, analysts say. Alongside Air France-KLM - Europe's biggest airline and still a favorite to grab a minority stake in beleaguered Italian flag carrier Alitalia - and the ever growing Lufthansa, an enlarged BA and Ryanair would mean "for most of the smaller network airlines who have a very weak balance sheet, they're going to have to fold into one of those four groups," says Exane BNP Paribas' Van Klaveren. Scandinavian Airlines (SAS), for one, "will survive 2009, but I doubt it can survive 2010 on its own," he says. And while banks...

Author: /time Magazine | Title: In the Downturn, Europe's Airlines Scramble to Merge | 12/18/2008 | See Source »

...prize in physics in 1997 for work involving lasers - he obviously has brainpower to spare. But what really counts is the way he has chosen to use it over the past several years. As head of the Lawrence Berkeley National Laboratory, part of the Department of Energy's network of research centers, Chu put his own research on hold to marshal the lab's efforts on climate change. In Chu, Obama will have an Energy Secretary who understands the existential threat posed by climate change - and who knows that we'll need technological leaps in the way we use energy...

Author: /time Magazine | Title: High Hopes for Obama's Green Dream Team | 12/16/2008 | See Source »

...Beyond money, the Mafia is a study in power. Provenzano withstood conditions of abject poverty in order to reign over a vast criminal network from the heartland of the Italian island. (A boss who flees his home turf with a suitcase of cash is, on the other hand, considered a failure and possible traitor.) Of course, power and money feed off each other: Provenzano, for one, never stopped working to acquire wealth for Cosa Nostra, even if he couldn't spend it himself. Despite the blows to its leadership, the organization still generates billions of dollars of annual turnover...

Author: /time Magazine | Title: Busting the Sicilian Mafia's Board of Directors | 12/16/2008 | See Source »

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