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...wants to build a $3,500 model Fiat Punto that could reconfigure the concept in the West of an economy car. But whether or not he's Chrysler's savior or the man to revolutionize the entire industry, Marchionne seems to have proved again that he knows how to strike a hard bargain: Fiat has landed 35% of Chrysler without spending a dime...

Author: /time Magazine | Title: Fiat to Take 35% Stake in Chrysler | 1/20/2009 | See Source »

...Before that bulletin came out, the latest joint threat assessment report by the DHS and several security agencies urges law-enforcement officers to watch out for almost everything short of an asteroid strike. (The assessment is not classified but is marked "for official use only." It was posted on Cryptome.org, the controversial site that posts government documents not released to the public...

Author: /time Magazine | Title: Security at the Inauguration: Preparing for Anything | 1/19/2009 | See Source »

...Olmert told newsmen after the Saturday-night Cabinet meeting, "All of our goals have been achieved successfully. Hamas was beaten." He added, "If Hamas decides to keep shooting, we're ready to strike back forcefully." (See TIME's photos of the violence in the Middle East...

Author: /time Magazine | Title: Will the Gaza Cease-Fire Last? | 1/18/2009 | See Source »

...Bronx Zoo and the New York Aquarium, Paterson's proposed cuts would strike especially hard. Between them, the zoo and the aquarium stand to lose about $3 million, which translates to 30 staff positions. New York officials say the state's environment funding - where the zoo and aquarium money comes from - will be funneled into capital projects like bridges, on the grounds that institutions like zoos can tap private funding. But at the same time, donors to the Bronx Zoo and its sister institutions across the nation are getting squeezed by the economic crisis, leaving the zoos little to fall...

Author: /time Magazine | Title: When Zoos Cut Budgets, No Species Is Safe | 1/17/2009 | See Source »

...Instead, he used his own words: "Our enemies are patient and determined to strike again." With that final warning, Bush entered the past. But was anyone listening...

Author: /time Magazine | Title: Bush's Closing Argument: Was Anybody Listening? | 1/16/2009 | See Source »

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