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Meanwhile, companies large and small are lining up to tap the $25 billion in loan guarantees administered by the U.S. Department of Energy to help the automakers re-tool for building more efficient vehicles. Congress appropriated the money in September and President-elect Barack Obama promised to double the funding during a late October visit to Detroit...

Author: /time Magazine | Title: The Auto Bailout Keeps Growing, and Growing | 1/14/2009 | See Source »

...favor of release. When it comes to violent crimes, it is in favor of detention. But there is also just the lens through which society views wealthy people, and the reality that wealthy people have deeper ties to the community. They also have the ability to tap into more resources, like perhaps better representation. So there are legal differences and real-world, practical differences between the situations of white-collar defendants and street criminals, and the statistics reflect that...

Author: /time Magazine | Title: Why Is Bernie Madoff Still Free? | 1/13/2009 | See Source »

...proof our agriculture. That can be accomplished by using crops that have proved resistant to extreme heat - like sorghum or millet - to breed hybrid-crop varieties that are more capable of withstanding higher temperatures. We'll need to drop any squeamishness about consuming genetically modified crops. Unless we can tap the power of genetics, we'll never feed ourselves in a warmer world. But we'll need to act quickly. It can take years to breed more heat-resistant species, and investment in agricultural research has shriveled in recent years...

Author: /time Magazine | Title: Why Global Warming Portends a Food Crisis | 1/13/2009 | See Source »

...entire lives are now one long, chaotic stream of existence: waiting in line each morning to fill up containers with water from the only working tap on the ground floor of our building; baking homemade bread from the depleting supply of flour we managed to obtain a few days into the offensive; turning on the power generator for 30 to 50 minutes in the evening to charge phones and watch the news. Meanwhile, the constant in our lives has become the voice of the reporter on the small transistor radio giving reports every few seconds of the location and resulting...

Author: /time Magazine | Title: First Person: Living in Gaza, Under Starlight and Bomb Blasts | 1/10/2009 | See Source »

...local ingredients. You'll be tracing the steps of rock stars here: Back in the '70s, when the hotel was still a Hyatt (nicknamed the "Riot Hyatt"), Led Zeppelin rode motorcycles in the hallway here, Jim Morrison swung from a balcony, and the opening scene of This is Spinal Tap was filmed on the roof. Check out Andaz for an introductory rate, starting at $295 per night; after Feb. 28, rates go up. 8401 Sunset Boulevard, West Hollywood...

Author: /time Magazine | Title: Travel News: It's Rodeo Season! (Plus, Restaurant Week in New York) | 1/8/2009 | See Source »

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