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...employees, Marchionne talked about that record. "Five years ago, I stepped into a very similar situation at Fiat. It was perceived by many as a failing, lethargic automaker that produced low-quality cars and was stymied by endless bureaucracies," he wrote. Giving his version of the turnaround--hard work, tough choices, heavy investment and a culture "where everyone is expected to lead"--he promised that "we can and will accomplish the same results here." Even if Fiat doesn't become the next Apple, everyone from the President to the survivors on the Jeep shop floor are hoping that...

Author: /time Magazine | Title: Is Chrysler Too Big a Mess for Fiat's Turnaround Artista? | 6/29/2009 | See Source »

Having created Margaret as a termagant, screenwriter Pete Chiarelli and director Anne Fletcher put her through a film-length rehab of tough love. You just know that her early nastiness will require a public confession and that if she mentions she can't swim, she will get embarrassingly wet. But through all the creaky scaffolding, one can catch glimpses of the fine comedy this could have been - if only the characters weren't cardboard, the plot not a course in corrective behavior. Reynolds has a gentle, manly appeal, and Bullock, when Margaret cracks into humanity, lets her charm radiate like...

Author: /time Magazine | Title: Sandra Bullock Should Have Said No to The Proposal | 6/29/2009 | See Source »

...last week said the program would cost the average family $175 in 2020. Whatever the expense, Republicans are labeling the bill as a carbon tax that - on top of the stimulus and the push for health-care reform - America's families can ill afford. "Nancy Pelosi's having a tough time getting the votes for that bill," Representative Eric Cantor, the No. 2 House Republican, said Wednesday on Fox News. "Simply because, I think, the American people are waking up to the cost and consequences of the Democrats' agenda. They're spending money that we don't have." (Watch...

Author: /time Magazine | Title: Global-Warming's Rough Ride Through Congress | 6/26/2009 | See Source »

...delicately crafted, Senate-like compromise would stand a good chance in the Senate. A bipartisan climate-change bill failed to overcome a filibuster in the Senate last year by a vote of 54-36, and the Democrats have gained at least seven seats since then. But if it was tough to convince rural House Democrats, winning over Senators from farm states, who carry much more relative power than their House counterparts, will be even harder. And if the House compromise made many prominent groups unhappy, one can only imagine what feelings the sausagemaking in the Senate will provoke...

Author: /time Magazine | Title: Global-Warming's Rough Ride Through Congress | 6/26/2009 | See Source »

...TIME, "Even today, I'm ready to start talks with any country in our region. We agree with President Obama's approach to a regional settlement of historical disputes. I'm ready to take a jet to Damascus to meet President Bashir al-Assad." (Read "When Bibi Met Barack: Tough Talk on Middle East Peace...

Author: /time Magazine | Title: Israel's Lieberman Raps U.S. on Iran, Settlements | 6/25/2009 | See Source »

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