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Action-movie battles rarely end in a tie. Luke Skywalker and Darth Vader didn't go fiercely at it, putting their lives and the fate of the Empire on the line, then stop their epochal fight and say, "Eh, let's go for a beer." But the Independence Day weekend smackdown between last week's champ, Transformers: Revenge of the Fallen, and the cartoon contender Ice Age: Dawn of the Dinosaurs ended in a tie, with each film earning $42.5 million at the North American box office - if you believe the official numbers. (Check out TIME's Transformers review...

Author: /time Magazine | Title: Ice Age vs. Transformers: It's a Draw! | 7/5/2009 | See Source »

This Fourth of July weekend, millions of Americans will huddle around outdoor pits, ovens and grills to slowly cook themselves meaty, patriotic dishes slathered in sauce. Barbecue is about as red, white and blue as American cuisine gets, and for true carnivores, the only real question is how to save room for seconds...

Author: /time Magazine | Title: Barbecue | 7/3/2009 | See Source »

...failed to reach any deal. Piech sees the crisis as an opportunity to turn the tables and for VW to take control of Porsche, rather than the other way around. He's offered to buy Porsche's auto operations - but in a manner that provoked a furious response. Last weekend, the usually press-shy Wolfgang Porsche fired off an angry statement to the media accusing his cousin of issuing an ultimatum that he termed "blackmail." Piech shot back denying that it was an ultimatum. But a phrase in Porsche's statement points to the shock and bewilderment in the family...

Author: /time Magazine | Title: Why VW and Porsche are On a Collision Course | 7/2/2009 | See Source »

...signaled a new openness to the idea. "There are a number of formulations, and we'll wait and see. The important thing at this point is to keep the process moving, to keep people at the table, to keep the discussions going," his top strategist, David Axelrod, said last weekend on ABC. "We've gotten a long way down the road, and we want to finish that journey." (Read "The 5 Big Health Care Dilemmas...

Author: /time Magazine | Title: Will Obama Tax Employer-Provided Health Benefits? | 7/2/2009 | See Source »

...Britain is the target of most of Tehran's criticism: last weekend, nine British embassy staff were arrested for allegedly playing a role in the street protests, although all but one have since been released. Britain, backed by France, says the E.U. should take a firmer position on Iran and has called for envoys to be withdrawn. But Germany and Italy - Iran's biggest trading partners in the E.U. - argue that lines of communication should be kept intact, especially as Tehran is already reeling under the weight of sanctions. (Read "Has Britain Replaced the U.S. as Iran's 'Little Satan...

Author: /time Magazine | Title: How Should Europe Respond to Iran? | 7/2/2009 | See Source »

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