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...toward solving Detroit's revenue problem. Between Detroit and the transplants, there are around 17 million units of manufacturing capacity in the U.S. In 2007 vehicle sales hit 16 million, but about 2 million of those were driven by the combination of easy credit and discount pricing. In a normal economy, the true size of the business may be closer to 15 million units. The Detroit Three simply have to generate more revenue per car and, not incidentally, a profit. Right now, the revenue gap per car is $4,000 vs. Toyota...

Author: /time Magazine | Title: Is This Detroit's Last Winter? | 12/4/2008 | See Source »

...emotional phone calls. "But after these recent attacks people are saying, 'Let's not pretend everything's all right.' We don't need to make a show of the Mumbai spirit when what we need now is to make sure this will not be forgotten. All will not be normal again." It's not just Mumbai. Among the 185 dead were visitors and expats from Israel, Singapore, the U.S. and Britain, and those who had come seeking work in India's most exciting place from all over the country: a software engineer from Bihar, a hotel manager from Manipur...

Author: /time Magazine | Title: India: After the Horror | 12/4/2008 | See Source »

...several days, wintry rains, pushy winds and high tides combined to inundate much of Venice's scarce solid ground. At one point, the sea level was more than five feet higher than normal; water sloshed into every part of the city. The Piazza San Marco was submerged, as were all embankments. Venice barely had time to haul out the wooden planks it sets up to help pedestrians navigate flooding. Sometimes only yellow do not cross tape separated pavement from canal...

Author: /time Magazine | Title: The Moment | 12/4/2008 | See Source »

...took my health in hand by putting myself on a diet and exercising and lost 140 lb. in about a year. I went from a size 26 to a size 4 and stabilized my cholesterol, blood pressure and blood sugar at normal levels. My message is this: I did it on my own, and so can you. You don't need a lot of money, special food or special equipment. All you need is determination. Keri Kegley, LITTLE ELM, TEXAS...

Author: /time Magazine | Title: Inbox | 12/4/2008 | See Source »

...that there been shooting there 30 seconds earlier. “We were crossing by when that happened,” he said. “We ignored it and thought it was a drug deal gone foul.”Singh and his friend thought the firing was normal gang or street violence, but when they heard a second firing, they got away as fast as they could. “We didn’t look towards the cafe, we rolled and ran, and got the hell out of there,” he said.Singh and his friend...

Author: By Laura G. Mirviss, CONTRIBUTING WRITER | Title: Undergraduate Witnesses Mumbai Attacks | 12/4/2008 | See Source »

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