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...Porsche seems to have just run out of time. Its gambit to acquire VW cost Porsche dearly as it piled up a $12 billion mountain of debt to finance stock purchases. With the sports carmaker beginning to struggle under the weight of that debt, Porsche and Piech met in Salzburg, Austria on Wednesday to end the feud. Following that meeting, Porsche issued a statement declaring that the two companies aimed to "develop a corresponding basis for decision-making on the future structure of the common group...

Author: /time Magazine | Title: Porsche and VW Agree to a Merger | 5/7/2009 | See Source »

...Trapp Groupies. If you're still wondering how to solve a problem like Maria, Gutsy Women Travel is an offering an eight-day tour, starting in Salzburg on June 29, called Allure of Austria: Salzburg & Vienna. Visit Salzburg where the Sound of Music was filmed, learn to cook apple strudel and how to dance a proper Viennese waltz, and have dinner in a Viennese palace followed by a Mozart and Strauss concert. If you book with a friend (use the promo code GWTBAF200) by April 15, you'll each save $200 off the regular price of $1,899 per person...

Author: /time Magazine | Title: Fast Track to Elite: Double Air and Rail Miles | 3/23/2009 | See Source »

...Europe's great and good, this will not be easy. Europeans love thinking about America, part in longing, part in envy, part in disdain. You could spend a nice year trotting from Ditchley Park in Oxfordshire to Salzburg, from the Italian lakes to German castles, doing nothing but ponder in earnest detail the state of the Atlantic alliance. It's a monumental waste of time. Nearly six years after those passionate disagreements on the invasion of Iraq, U.S.-Europe relations are just fine, with a clutch of Atlanticists heading the governments of Britain, France and Germany - and leading the European...

Author: /time Magazine | Title: Europe's Road Ahead | 11/20/2008 | See Source »

...them, you don't feel like they are English clothes because those are heavy. I like that you took that mood and used another technique. It's like Chanel, which is nothing more than the jacket of people who worked in a hotel where she used to go near Salzburg. She transformed their uniform - with a better cut - into the Chanel jacket...

Author: /time Magazine | Title: Behind the Seams: Tom Ford and Karl Lagerfeld Talk Shop | 9/26/2008 | See Source »

...these contraptions? This line of thinking is scarier than orcas or floatplanes because it leads to seductive questions: ''Could I live in this chilly, light-struck wilderness? Could I be an Alaskan?'' Such wild surmising, which is half the fun of travel, churns dependable fantasies anywhere, in Salzburg or Ladakh. But for a U.S. citizen, the daydreams seem especially strong in Alaska. This is, after all, his own nation, yet it is stranger than Zanzibar. The pale north light itself is delusive, lingering in the weeks before and after the solstice till midnight and more. The tourist's mind accepts...

Author: /time Magazine | Title: IN ALASKA, THE PARTY IS ON A light-struck wilderness awes new visitors | 7/21/2008 | See Source »

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