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...hopes to save - while Mexico has sailed free? The short answer is that GM Mexico doesn't need a bailout because it's comfortably in the black. "If you have a profitable division at a time when the rest of your business is having a hard time, do you talk about it?" says analyst Pascual Francisco at IHS Global Insight in Lexington, Mass., referring to GM's decision to remain mum about the third wheel of its North American production base...

Author: /time Magazine | Title: Canada Spends Big to Save GM, So Why Not Mexico? | 7/3/2009 | See Source »

...than anyone else in the event's history - and racked up 10 championship bracelets, tied for second all-time. On the eve of this year's "Main Event," a $10,000 buy-in No-Limit Texas Hold 'Em tournament which starts July 3, TIME caught up with Brunson to talk about how the WSOP has changed over the years...

Author: /time Magazine | Title: Q&A: Poker Legend Doyle Brunson | 7/2/2009 | See Source »

...days, told People. "Apparently, the doctor was with Michael, maybe administering to his back pain. And then, the next thing that happens is there is a 911 call ... Then, of course, the doctor did not confer with the family ... He didn't sign the death certificate. He didn't talk with the coroner. And then he was missing in action. Finally, when he surfaced, he surfaced with a lawyer. All these are rather bizarre actions. There may be plausible answers, but we don't know." (See TIME's video tribute to Jackson's 50th birthday...

Author: /time Magazine | Title: The Battle Over Michael Jackson's Legacy | 7/2/2009 | See Source »

...talk in the book about a drug study in which they administered painkillers, and when they told patients the drugs had been bought at discount, they were actually less effective. That's kind of terrifying. The response to a discount is profound in the human brain. What is less profound is the response to actually owning that object once you get the discount. We strive to get that deal, but we tend to devalue the object after we purchase it. For many things, the biggest charge we get is that transaction itself. Retailers and marketers strive to make us think...

Author: /time Magazine | Title: What Cheap Stuff Really Costs Us | 7/2/2009 | See Source »

...argue in your book that the so-called "age of cheap" is unsustainable. Right. It's a short-term fix. I talk about Ikea being the least sustainable company on the planet. That's a quote, I didn't say that. But the reason is that they rely on consumers to carry huge costs for the company. (Read "Wal-Mart vs. Target: No Contest in the Recession...

Author: /time Magazine | Title: What Cheap Stuff Really Costs Us | 7/2/2009 | See Source »

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