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...Cash for Clunkers program rumbled to a halt after less than a month because of unexpectedly high demand. Buyers shed nearly 700,000 vehicles to claim government rebates on more-efficient models. Dealers complained that Uncle Sam was slow with payments, but consumers embraced the program, whose $1 billion budget was tripled by Congress after sales soared. Washington crowed that the effort created or saved 42,000 jobs. The bad news for Detroit? The three most popular models were Japanese...

Author: /time Magazine | Title: The World | 9/7/2009 | See Source »

Tenenbaum’s case has emerged as a symbolic struggle between those who hope to see an open internet, unfettered by copyright constraints, and conservative industry groups whose revenues have been decimated as a result of file-sharing networks...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: RIAA Continues Pirating Fight | 9/7/2009 | See Source »

...blouse and matching organza skirt. She's taken to pairing well-cut trousers with bright, ethnic print blouses this summer. And she recently gave the famously well-dressed Carla Bruni a run for her money, when she received the French first lady in a plum Felipe Varela bandage-dress whose horizontal lines emphasized (in the most ladylike way possible, of course) her fine figure...

Author: /time Magazine | Title: Letizia of Spain: How to Look Like a Princess | 9/7/2009 | See Source »

Spaniards are reveling in their princess' new status as fashion icon. "She has done more for Spanish fashion in the past five years than decades of catwalks and advertisements," writes Maria Jose Iglesias, a journalist whose columns appear in regional papers throughout Spain. The local edition of Elle magazine agrees; in May it ran a special issue on Letizia, declaring her "the best ambassador of Spanish fashion...

Author: /time Magazine | Title: Letizia of Spain: How to Look Like a Princess | 9/7/2009 | See Source »

...Banking establishments are more dangerous than standing armies." So wrote Thomas Jefferson to a friend in 1816. Now Michael Moore, whose Fahrenheit 9/11 took on the U.S. Army, and the entire military-executive-industrial establishment, brings his latest documentary, Capitalism: A Love Story, to the Venice Film Festival. The land of Macchiavelli and the Medici is the perfect setting for Moore's nonfiction tragicomedy of greed and chicanery on Wall Street, in Washington, D.C., and through the entire economic apparatus. The movie will have its world premiere here tonight, before playing the Toronto Film Festival next week, opening Sept...

Author: /time Magazine | Title: Michael Moore's Capitalism Goes for Broke | 9/6/2009 | See Source »

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