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...commercial airplanes, we have been the world leader in turboprops and regional jets. Now we are going more mainline, but not to compete against Boeing and Airbus. These are the planes that can seat five people across, or about 130 passengers. These airplanes exist, but they are getting old. We are going to offer a unique product that consumes 20% less fuel, has 15% better operating costs and is 50% quieter than what is offered today. Boeing and Airbus have shrunken versions of their larger planes, but they are not efficient and don't sell well. That...

Author: /time Magazine | Title: Trains, Planes and Bombardier | 3/8/2010 | See Source »

...also acknowledged that some of the pressure to get things done faster comes from the board of directors, led by former AT&T chief Ed Whitacre, who is settling into his role as GM's chief executive, and Wall Street veteran Steven Girsky, the UAW's choice for a seat on the board, who is now in charge of GM's strategic planning...

Author: /time Magazine | Title: For GM, It's Two Steps Forward, One Step Back | 3/4/2010 | See Source »

...which he spent trying to repair his fractured family, Spitzer seems to have decided that he has done his penance. He has burst back into public view, eager to chime in on everything from the Treasury Secretary to the significance of the Democrats' loss of Ted Kennedy's Senate seat. Meanwhile, his friends are busy fanning rumors that he may again run for office, hinting in the press that he is "considering" entering the race for Senator, state comptroller or even mayor of New York City. ("You Can't Keep a Bad Man Down: Spitzer Is Eyeing a Comeback," read...

Author: /time Magazine | Title: Eliot Spitzer's Mission Impossible | 3/4/2010 | See Source »

...portray Perry as a governor flush with too much power and surrounded by cronies. But getting to the right of Perry, especially when her issues were stale, proved difficult, Jillson says, and her cause was not helped by the confusion last year over when she would quit her Senate seat to focus entirely on the governor's race. Even as the primary election approached, it was still not clear when Hutchison would step down. She had previously said she would leave Washington in October or November, no matter the outcome of the election, but her staff said last week...

Author: /time Magazine | Title: How Rick Perry Turned Around the Battle for Texas | 3/2/2010 | See Source »

Ironically, Hutchison won her Senate seat in a crowded, bruising 1993 special election to replace then U.S. Senator Lloyd Bentsen by running on an anti-Washington platform. Ever since, she has won handily in re-election bids and has enjoyed high approval ratings, although, as Jillson notes, she has run afoul of the Republican Party's conservative wing, which is very active in primary politics. A few years ago she was booed at an appearance at the state convention over her perceived softness on abortion issues. Now, Jillson says, this election "will write the last paragraph in her Wikipedia entry...

Author: /time Magazine | Title: How Rick Perry Turned Around the Battle for Texas | 3/2/2010 | See Source »

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