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...bill that requires automakers, for the first time in decades, to boost the gas mileage of the cars they sell and mandates increased use of biofuels. Just as importantly, the legislation calling for carbon-emission caps - co-sponsored by the independent Senator Joseph Lieberman and the Republican Senator John Warner - passed the first hurdle to becoming law. Bush has always opposed mandatory carbon caps and could veto the bill. But with climate change becoming a bigger issue in this year's presidential and congressional elections, even Bush might find it hard to do that. "You have Republicans and Democrats getting...

Author: /time Magazine | Title: Wind Shift | 1/23/2008 | See Source »

...five - Atonement, Juno, No Country for Old Men and There Will Be Blood - were released by the so-called indie subsidiaries of the majors. Michael Clayton is the one official studio release, and that got made only when its star, George Clooney, ever so charmingly put a gun to Warner's corporate groin, cocked the trigger and said, in effect, "Please. Or I'll squeeze...

Author: /time Magazine | Title: The Downsizing of Oscar | 1/22/2008 | See Source »

...dollars a month in Iraq, we put seven to nine billion dollars a year into this, there would be a stunning output.” Kerry said that while he is working with like-minded colleagues—notably Sen. Joseph I. Lieberman (I-Conn.) and Sen. John W. Warner (R-Va.)—to pass bills to reduce carbon emissions, the fact that no law has emerged from Congress reflects the power of interests working against the legislation. He said that there is a “powerful set of arguments” for businesses to want...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Kerry Calls for Action on Climate | 1/17/2008 | See Source »

...take notice too. "It's not a significant part of our business, but there is enough there for me to take someone and have half their time devoted to making vinyl a real business," says John Esposito, president and CEO of WEA Corp., the U.S. distribution company of Warner Music Group, which posted a 30% increase in LP sales last year. In October, Amazon.com introduced a vinyl-only store and increased its selection to 150,000 titles across 20 genres. Its biggest sellers? Alternative rock, followed by classic rock albums. "I'm not saying vinyl will become a mainstream format...

Author: /time Magazine | Title: Vinyl Gets Its Groove Back | 1/10/2008 | See Source »

...kind. They also didn't like the fact that the NFL has so far refused to sell the cable outfits its Sunday Ticket package, available only on satellite, which lets viewers watch any NFL game. Goodell attempted a beautiful end around by offering the Pats-Giants game to Time Warner Cable and Cablevision in return for all parties entering into binding arbitration to resolve the carriage issue. But the cable guys weren't biting at the prospect of a zero-sum outcome...

Author: /time Magazine | Title: How Cable Sacked the NFL | 12/28/2007 | See Source »

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