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...consumers finally ready to spend money on new cars. GM's executives aren't entirely off base in thinking that pent-up demand is building, because it is. "Assuming general economic recovery, in the developed markets we will see maybe 95% of what it had been," says John Paul MacDuffie, an associate professor of management and co-director of the International Motor Vehicle Program at the Wharton School of the University of Pennsylvania. U.S. auto and light-truck sales topped 16 million for eight years and reached nearly 17 million in 2004 and 2005. Those numbers have slumped dramatically...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

...original version of this story failed to note that John Paul MacDuffie is co-director of the International Motor Vehicle Program at the Wharton School of the University of Pennsylvania...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

...first study, Paul Shaw at Washington University in St. Louis monitored the relationship between brain activity and sleep patterns in a group of fruit flies and isolated three key genes responsible for dictating how much sleep flies got in certain situations and when. Under normal conditions, flies doze off, even during the day, after engaging in intense social activities, including courtship, acclimating to a new environment and fighting over mates and territory. But Shaw found that when flies were genetically bred to be missing the three genes - colorfully named rutabaga, period and blistered - that, among other functions, help regulate sleep...

Author: /time Magazine | Title: What Good Is Sleep? New Lessons from the Fruit Fly | 4/2/2009 | See Source »

...Paul Böhm, a German architect behind a new mosque planned for Cologne, minarets are a crucial part of designing a proud and honest building. "We believe this building should show its intent, and the minarets can help it do that," he says. "The Muslims of Germany have, over the last 40 or 50 years, been hiding in basements and [abandoned] manufacturing areas to pray. [Many Germans] have never recognized that they are part of society. Giving them a building which brings them up to the same status [as other faith groups] can help us understand and accept them...

Author: /time Magazine | Title: Updating the Mosque for the 21st Century | 4/2/2009 | See Source »

...government's plan is a nice thought, but it is just not going to work," says Paul Miller, who follows banks stocks at FBR Capital Markets. "None of these banks have the capital necessary to recognize these losses...

Author: /time Magazine | Title: Geithner's Toxic-Loan Plan Could Be Toxic for Banks | 3/31/2009 | See Source »

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