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...surprise shake-up, General Motors CEO Fritz Henderson was ousted by the company's board after just eight months on the job. The troubled auto giant--now 60% owned by the U.S. government--has shown modest signs of economic improvement, but Henderson, a company veteran, clashed with directors seeking quicker change. Chairman Ed Whitacre, a former head of AT&T, will take over as interim...

Author: /time Magazine | Title: The World | 12/14/2009 | See Source »

...Black, director of campus recruiting in the Americas for Ernst & Young, and his team will hire more than 4,000 people this year out of 20,000 applicants. There are a lot of things besides a degree "that will help differentiate how much attention you get," says the veteran hirer, who has been screening graduates for 15 years...

Author: /time Magazine | Title: The Job Market: Is a College Degree Worth Less? | 12/8/2009 | See Source »

...Obama Administration formally began its trudge up the same hill, as special envoy Stephen Bosworth, a veteran U.S. diplomat, traveled to Pyongyang for a day and a half of talks with North Korea. But to hear experts in Washington and East Asia tell it, whatever optimism the Obama team may have carried into office in January has already dissipated. Over the summer, the North's second test of a nuclear bomb, followed by the launch of long-range missile (on the very day Obama was in Prague making a soaring speech about a world free of nuclear weapons) has seen...

Author: /time Magazine | Title: U.S. Tries Direct Talks with North Korea | 12/8/2009 | See Source »

...Gold is the one currency a central bank can't print," says Martin Murenbeeld, a veteran gold watcher who is chief economist for Canadian money-management firm DundeeWealth. Gold's big attraction as a pillar of the global monetary system is that it isn't beholden to national politics. The downside is that its supply increases fitfully, with no regard for the state of the world economy. That's why John Maynard Keynes called the gold standard a "barbarous relic," and why you won't find anyone outside the goldbug fringe calling for a full return to the gold standard...

Author: /time Magazine | Title: All That Glitters | 12/7/2009 | See Source »

...Filipinos crave a leader whose integrity they can tust," veteran political columnist Amando Doronila wrote in the Philippine Daily Inquirer. "That is the central issue of this election." Says Tayao: "Voters are looking for accountability in the next administration...

Author: /time Magazine | Title: In Philippines: Colorful, Chaotic Election Season | 12/4/2009 | See Source »

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