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...German government has been negotiating with GM over Opel since March. The U.S. automaker wants Germany to provide state guarantees for Opel of up to $6.4 billion. In return, the Germans wanted GM to agree to sell a 55% stake in Opel to the Magna-Sberbank consortium. At first GM seemed to be playing ball. It spun off Opel into a trust to protect the Rüsselsheim-based manufacturer from GM's Chapter 11 proceedings in the U.S. (Read "Ron Bloom Monitors GM - and Eyes the Exit...

Author: /time Magazine | Title: GM and Germany Still Wrangling Over Opel | 8/27/2009 | See Source »

Throughout his years in office, Kennedy was particularly focused on reforming the nation's health care system, a passion showcased by his return to the U.S. Capitol last summer to vote on a Medicare bill while he was undergoing cancer treatment. Some supporters of health system reform efforts this summer had said they had hoped a viable reform would be ready in time for Kennedy to cast an "aye" vote...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Mass. Senator Ted Kennedy Dies at 77 | 8/26/2009 | See Source »

Quotes By: "Because of all that is going on, I am afraid to return phone calls or use e-mail. I recorded this video to let you know I have been receiving your messages ... I want to thank all of my patients and friends who have sent such kind e-mails, letters and messages to let me know of your support and prayers for me and my family." - In a YouTube video filmed in response to speculation over his role in Jackson's death...

Author: /time Magazine | Title: Michael Jackson Doctor Conrad Murray | 8/26/2009 | See Source »

...problem runs deeper - ever since an overwhelming mandate in this year's elections returned the centre-left Congress party to power, the BJP has been caught in ideological drift, unsure of its own identity and role as India grows into a world power. On Monday, BJP stalwart Arun Shourie urged the Rashtriya Swayamsevak Sangh (RSS), the BJP's mother organization and champion of Hindu nationalist orthodoxy, to "take over" the party, implying that the only way the party could get its act together is to go back to the lock-step discipline of the RSS. This, however, would also entail...

Author: /time Magazine | Title: India's Opposition Struggles With Past and Present | 8/26/2009 | See Source »

...Three months after winning Israel's general election in March, he altered his earlier rejection of an independent Palestine by endorsing the U.S.- and Europe-backed two-state proposal - though only under conditions the Palestinians considered nonstarters, such as no Palestinian army or airspace control and limits on the return of exiles. He has also dismissed demands that Jerusalem be the seat of the Palestinian state, calling the city "Israel's undivided capital." But having ignored most other demands forwarded by Palestinian authorities in their peace proposal, Netanyahu now finds himself under pressure from Western nations to give...

Author: /time Magazine | Title: Netanyahu in Europe: Hopes for Renewed Peace Talks | 8/26/2009 | See Source »

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