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...told the company that it had until March 31 to come up with a plan for its long-term survival. It did - but its strategy was premised on projections that car sales would begin to pick up this year after last year's dismal industry performance, in which sales sank 18%, to 13.2 million units. But the pickup hasn't happened yet, and analysts see the industry's production "run rate" at or below 9 million units. (Read about Detroit's efforts to reinvent itself...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

...Major League Soccer (MLS) sank its cleats into the U.S. sports scene as an upstart 10-team league in a nation weaned on a different type of football. But MLS has steadily grown since its inception, and on March 18, the league announced it would award its 17th franchise to Vancouver, which in 2011 will become the second Canadian city to field a club. With its 14th campaign about to kick off, TIME spoke to Commissioner Don Garber about the league's growth, its goals, and its most famous player, David Beckham...

Author: /time Magazine | Title: Major League Soccer Commissioner Don Garber | 3/19/2009 | See Source »

...might think that this kind of entertainment would have died with Lehman Brothers. But as the U.S. economy sank this winter, Bravo's series scored their highest ratings ever. As the parade of CEO hearings--slash--public shamings on Capitol Hill has shown, and Bravo underscores, the wealthy may not be universally loved, but they're America's favorite spectacle...

Author: /time Magazine | Title: Gold Diggers of 2009 | 2/26/2009 | See Source »

...their range or out of their groove,” Markley said.After the Crimson took a 47-29 lead midway through the second half, Penn attempted to mount a comeback, going on an 11-0 run. The Quakers’ Carrie Biemer made a layup and then sank three consecutive jumpers from beyond the arc, cutting the Crimson’s lead down to 7. “Biemer is a really impact scorer,” Delaney-Smith said, “As soon as she gets daylight, she scores.”This would be the closest that...

Author: By Ricky Liu, CONTRIBUTING WRITER | Title: Harvard Defeats Penn Easily | 2/23/2009 | See Source »

...first novel, Revolutionary Road, pairing Leonardo DiCaprio and Kate Winslet in their first cinematic get-together since Titanic. The novel chronicles the painful disintegration of the marriage of Frank and April Wheeler, a seemingly model couple in vapid 1950s suburbia. The film, which faithfully captures that pain, promptly sank at the box office - grossing just $21 million so far - despite the fact that Winslet won a Golden Globe as Best Actress for her tortured role. (See pictures of Kate Winslet's 10 best roles...

Author: /time Magazine | Title: Revolutionary Road Finds Readers, If Not Viewers | 2/20/2009 | See Source »

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