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...next weekend, the Bullock film should outearn the Denzel Washington-John Travolta thriller, The Taking of Pelham 1 2 3, whose budget was about $100 million. By then Bullock's film will also exceed the theatrical earnings of Duplicity, the comeback film of Julia Roberts, Bullock's main rival over the past 15 years as Hollywood's (token) star actress...

Author: /time Magazine | Title: Box-Office Weekend: Bully for Bullock | 6/22/2009 | See Source »

...hoped to tamp down what he calls the sport's "financial arms race" by imposing a $66 million annual spending cap on teams, but instead he appears to have provoked a walkout that could see some of the sport's major names, such as Ferrari and McLaren, create a rival championship with fewer restrictions - and take the sport's lucrative TV audience with them...

Author: /time Magazine | Title: Are the Wheels Coming Off of Formula One? | 6/20/2009 | See Source »

...Formula One's top teams are having none of it. On June 18, the F1 Teams Association (FOTA) announced that eight of its biggest teams, including Ferrari, McLaren, Renault, Toyota, BMW Sauber and current competition leader Brawn GP, plan to set up a rival championship for the 2010 season. They say the rule changes proposed by Mosley would create an unsatisfying two-tier competition by setting different engineering rules for teams that accept the cap and those that don't, and that the spending cap would hinder innovation. A series of recent changes in the rules governing design have also...

Author: /time Magazine | Title: Are the Wheels Coming Off of Formula One? | 6/20/2009 | See Source »

...well known. It is implausible that President Mahmoud Ahmadinejad won in a landslide re-election. It is doubtful that he not only took the capital city, Tehran - the heart of the reformist movement - by a staggering 50% but also managed to win in Azerbaijan, the birthplace of his chief rival, Mir-Hossein Mousavi, by a 4-to-1 margin. (As an Azeri friend of mine said, this would be akin to Senator John McCain winning the African-American vote against Barack Obama.) It seems odd that the election was called so soon after the polls had closed, despite the many...

Author: /time Magazine | Title: Reza Aslan: The Spirit of '79 | 6/19/2009 | See Source »

...former President Mohammed Khatami, by far the country's most popular statesman, have both thrown their support behind the protesters. Two of Iran's highest religious authorities, the Grand Ayatullahs Hossein Ali Montazeri and Yousof Sane'i, have issued fatwas condemning acts of election fraud. Even Ahmadinejad's conservative rival, Mohsen Rezaei, a former Revolutionary Guards commander and a far more hawkish figure than Ahmadinejad, has claimed the election was rigged...

Author: /time Magazine | Title: Reza Aslan: The Spirit of '79 | 6/19/2009 | See Source »

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