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...says that business travel will slow but not disappear altogether. "It's more mixed that people think," he says. "We're hearing that pharma and agra companies are actually increasing their travel budget." Companies, while not cutting out travel, are looking for ways to tighten their belt. "Instead of sending 10 people, they'll send 7 to a convention, for fewer days." Instead of sending managers to meet with colleagues, "they'll be spending that money on sending salespeople to meet with their clients." If those salespeople are smart, they'll haggle for freebies and upgrades...

Author: /time Magazine | Title: Hotels Try to Adapt to Hard Times | 12/17/2008 | See Source »

...carbon emissions in the U.S. will need the support of Congress, while a new international treaty will need a difficult two-thirds majority in the Senate. Chu won't be able to do much about that. But, as Obama pointed out at his press conference, "[Chu's] appointment should send a signal to all that this Administration will value science. We will make decisions based on facts, and we understand that those facts demand bold actions." Today's appointments are a start...

Author: /time Magazine | Title: High Hopes for Obama's Green Dream Team | 12/16/2008 | See Source »

...Treasury are all Cabinet jobs that have kept their clout. (Bush's latest Treasury Secretary, Henry Paulson, is apparently the new leader of the free world.) But the "team of rivals" analogies only go so far because Cabinets are no longer teams. And Cabinet Secretaries are increasingly chosen to send messages to interest groups and ethnic groups...

Author: /time Magazine | Title: Obama Power Will Be in White House, Not Cabinet | 12/16/2008 | See Source »

That would send a powerful signal that change...

Author: /time Magazine | Title: Obama Power Will Be in White House, Not Cabinet | 12/16/2008 | See Source »

...Even if Quinn does end up replacing Blagojevich, the process of making things better may not include his appointing Obama's replacement. In the wake of the scandal, there are growing calls to let the people of Illinois decide whom to send to Washington, no matter who is in the governor's mansion. State Republican Party leaders are launching a TV campaign to make the case that a special election should be called to fill the vacancy, and Blagojevich, clearly in a bargaining mood, has indicated that he might be willing to sign such a bill. "Blagojevich Democrats like...

Author: /time Magazine | Title: Pat Quinn: The Man Who Would Replace Blagojevich | 12/16/2008 | See Source »

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