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Remaining on Detroit's wish list: tax breaks for consumers who buy new vehicles and/or fuel-efficient hybrids. The desired incentives would be a combination of new incentives and extensions of credits already in the tax code. The National Automobile Dealers Association has made the incentives a top lobbying priority...

Author: /time Magazine | Title: The Auto Bailout Keeps Growing, and Growing | 1/14/2009 | See Source »

Even before he appeared on the Hill, Obama was laying groundwork to avoid a TARP train wreck. In a letter sent on Monday to congressional leaders, he pledged to devote much of the second installment to assisting small businesses and helping students and car buyers get loans. In personal calls...

Author: /time Magazine | Title: Obama Urges Congress Not to Block the Bailout | 1/14/2009 | See Source »

Hare could be up for another Oscar nod this year for his latest screenplay, an adaptation of Bernhard Schlink's novel The Reader. The film, with Kate Winslet and Ralph Fiennes, follows a German teenager's love affair with an older woman he later discovers was a Nazi concentration-camp...

Author: /time Magazine | Title: David Hare: Truth to Power | 1/14/2009 | See Source »

Yahoo! remains the No. 2 search company in the U.S., with about 18% of the market. Google (GOOG), by most measures, is far ahead, at 65%. Microsoft falls far behind at 10%. It is unlikely that Yahoo! will regain market share on the PC, but the wireless market has not...

Author: /time Magazine | Title: Yahoo!'s Best Chance at Future Growth | 1/13/2009 | See Source »

Social-networking websites may have started out as online cliques where friends could swap opinions on music, pop culture and other bits of innocuous personal trivia. But as the conflict in Gaza has unfolded, it's becoming evident that sites like Facebook are increasingly being used to express political views...

Author: /time Magazine | Title: Facebook Users Go to War over Gaza | 1/13/2009 | See Source »

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