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...Toyota asked Exponent's experts to test the engine's software thoroughly with electromagnetic waves and electric shocks to see if they can force the engine-control modules to send the wrong signal to the throttle. Says Michels: "We haven't put any limits on them, and it could take them several months to come back with a [final] report...

Author: /time Magazine | Title: Toyota's Counterattack: Can It Recover? | 3/16/2010 | See Source »

...take a closer look at the numbers. The amount the U.S. pays to service the national debt isn't particularly onerous. In fact, interest payments in 2010, which so many have touted as approaching $500 billion, are not much different in inflation-adjusted terms from what servicing cost 20 years ago, especially relative to GDP. The same is true for household debt, which has shot up astronomically in sheer dollars but consumes about the same percentage of household income to service as it did in the 1990s...

Author: /time Magazine | Title: Is There Too Much Worry About the Debt? | 3/15/2010 | See Source »

...concern, of course, is that one day rates will inevitably go up, which means interest payments will too. According to this school of thought, as our debt grows, lenders will be willing to take the risk of giving more money only if they can get more in return. And yet with the rise of China, India and Brazil, the world is awash in money looking for safe places. Even with the U.S. economy weak, the dollar remains one of the few truly safe havens, and that means interest rates could stay low for a very long time, which in turn...

Author: /time Magazine | Title: Is There Too Much Worry About the Debt? | 3/15/2010 | See Source »

...company (we were friends for more than 25 years) because he was as stunning and funny in speech as he was in print. He gave you the sense that you were clever and engaging, so when you were around him the conversation moved freely. His talk would take on a peculiar phrasing that was unpredictably antiquated--he said he owed it to the King James Bible and Shakespeare--and sharply hip at the same time. Where that came from was a genius that resided someplace in his finely tuned ear and wildly inventive mind...

Author: /time Magazine | Title: Barry Hannah | 3/15/2010 | See Source »

...parallel stories of Zakir and Zaeef embody the complexities that exist within the Taliban. Their shared religious fervor may explain why - despite NATO's intention to extend its massive assault on Marjah into a sweep through the Taliban heartland in southern Afghanistan - it may take years to militarily defeat the Taliban...

Author: /time Magazine | Title: Tale of Two Taliban Reveals U.S. Dilemma | 3/15/2010 | See Source »

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