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...pictures of the history of the Land Speed Record...

Author: /time Magazine | Title: Why VW and Porsche are On a Collision Course | 7/2/2009 | See Source »

...revenue and an increasingly crowded field of competitors, things are deeply grim for newspapers. Which only made the Washington Post's new revenue-generating idea even more mystifying. The wording on an invitation it sent out, as first reported on Politico, offers business executives "an off-the-record dinner and discussion at the home of CEO and Publisher Katharine Weymouth." That is, if the invitees pony up between $25,000 (to sponsor one dinner) and $250,000 (to sponsor 11 dinners - buy 10, get one free...

Author: /time Magazine | Title: Media Morass: The Great Washington Post Unvite | 7/2/2009 | See Source »

...plus "health-care reporting and editorial staff members of The Washington Post." In other words, for a fee, businesses and lobbyists could have access to the sort of high-level opinion makers that the Post has access to as well as the journalists, all in a cozy, off-the-record gathering, where they could "build crucial relationships with Washington Post news executives in a neutral and informal setting." The flier referred to the event as a "salon" and called it "an opportunity to influence the debate." Most other media outlets called it paying for access, or a breach of journalistic...

Author: /time Magazine | Title: Media Morass: The Great Washington Post Unvite | 7/2/2009 | See Source »

...capital investments. According to Kanno, the results confirm "the upside momentum is getting stronger, but the level of the economic activities is still very low." Japan's unemployment rate rose for the fourth straight month to 5.2% in May, up from 5.0% in April. Job availability is at a record low, with only 44 jobs available per 100 job seekers. The last time unemployment reached 5.2% was in Sept...

Author: /time Magazine | Title: Japan's Economic Green Shoots Could Wither Fast | 7/1/2009 | See Source »

...Honduras is stuck in the past, much of the rest of the world seems to have moved on. In contrast to the U.S.'s record of having backed right-wing coups throughout the Cold War, U.S. President Barack Obama, along with the rest of the international community, was quick to condemn this latest Central American upheaval. His position has prompted a telling change of attitudes on the streets of Tegucigalpa. The leftist protesters are praising the U.S., which they normally would consider an evil empire, and urging it to help them restore Zelaya. Meanwhile, those in the halls of power...

Author: /time Magazine | Title: Hondurans Take Sides and Hit the Streets | 7/1/2009 | See Source »

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