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During his long career with Intel, the world's largest semiconductor company, Paul Otellini has had a catbird-seat view of the remarkable social and business changes wrought by the information technology revolution. Now Intel's CEO, he has also witnessed some of the tech industry's biggest setbacks, such as the implosion of the dotcom bubble in 2000 that plunged the U.S. into recession. In an recent interview with TIME senior editor Jim Erickson, Otellini discussed some of the differences between the dotcom bust and the current global financial crisis - and whether technology's Next Big Thing can help...
...Palin wants to stay in Alaska politics, however, there's only one good job other than governor: U.S. Senator. It seems unlikely that she would run this quickly for Ted Stevens? seat if he wins his tight election and subsequently is forced out of the Senate. She needs time to recuperate and, frankly, to study up on the issues. But in 2010, Republican Lisa Murkowski will be up for re-election. Palin's broad popularity in Alaska (her approval rating at home is still in the 60s despite her turbulent autumn) wouldn't change the fact that Murkowski, whose approval...
Texas: Tom DeLay's Legacy It was expected that incumbent Democratic Congressman Nick Lampson, who holds Tom DeLay's old seat, would have a tough fight on his hands. With minutes to go till poll closing in Texas (thanks to a tiny sliver of far western Texas around El Paso running on Mountain time), only a few votes had been counted at the other end of the state southwest of Houston, but the early vote shows Republican challenger Pete Olson hanging on to a slim lead with about 51% of the early vote in two of the four counties reporting...
Democrats Gain in Senate, 9:40 p.m. E.T. Democrats may not win a 60 seat filibuster-proof senate majority, but they will definitely pick up a few new seats. Former Virginia governor Mark Warner, as widely expected, is already projected to win the commonwealth's seat being vacated by the retiring John Warner (no relation). More significantly, freshman Senator Elizabeth Dole has lost her North Carolina seat to Democratic challenger Kay Hagan; Dole's last-minute attack ad tying Hagan to an atheist PAC appeared to have backfired. The drag of President Bush continued in New Hampshire, where former governor...
Missouri's Divided County, 4:25 p.m. E.T. Pundits talk all the time about a nation equally divided between red and blue, but Liberty, Mo., is the real thing. It's the seat of Clay County, where Al Gore beat George W. Bush by just one vote out of more than 78,000 cast in 2000. Just north of Kansas City, leading employers there range from a Ford plant to a liberal-arts college. Six different lines were going at the mega Pleasant Valley Baptist Church, some of the queues spilling out onto a parking lot scaled nearly...