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Nonprofits, too, are likely to cheer the plan. Bradford Smith, who is the president of philanthropy-research firm Foundation Center, says Goldman's move could help service organizations at a time when many are struggling to raise funds. "Ideally, you would hope rich people would voluntarily share their wealth," says...

Author: /time Magazine | Title: Goldman Tries to Put a Halo on Bonuses | 1/13/2010 | See Source »

Democrats are doing their best to make sure that doesn't happen. They have closed ranks around Coakley in the last week, with Kennedy's widow, Vicki Kennedy, endorsing her; the Kennedys were miffed at first by Coakley's candidacy, announced less than a week after the Senator's burial...

Author: /time Magazine | Title: Could the Democrats Lose Kennedy's Senate Seat? | 1/12/2010 | See Source »

Foreign luxury-car manufacturers, however, have vowed not to change their product and have faced unique challenges trying to get a foothold in the market. With few open roads to hit, but plenty of traffic jams to navigate, Indian consumers, unlike their Chinese counterparts, often opt for function over form...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

Tapping into India's car market has always been a challenge for foreign automakers. Despite India's blistering economy, manufacturers have discovered a historic preference for cars that are small, fuel-efficient and cheap. The sensation that is the Nano is well-known; its unveiling two years ago at the...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

Blair's star turn is expected to be so heavily subscribed that the inquiry has launched a public ballot for seats. A key question will be at what point the British government gave pledges to Washington about taking part in military action. The inquiry panel's questions to Campbell revealed...

Author: /time Magazine | Title: Top Blair Aide Testifies at British Inquiry on Iraq War | 1/12/2010 | See Source »

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