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...probably a factor in Toyota's decision. It's very expensive to operate a plant in California, notes a senior executive with another Japanese automaker. Toyota can pretty easily shift production of the compact Corollas and Tacoma pickup trucks to other plants in Canada and Texas. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Last Auto Plant in California Shut by Toyota | 8/28/2009 | See Source »

...former GM subsidiary based in Troy, Mich., and that automaker's biggest parts supplier, emerged from bankruptcy protection in June after unloading $6.2 billion in pension liabilities on the Pension Benefit Guaranty Corp. (PBGC), a U.S. government agency whose job is to protect private pension plans. (See the 50 worst cars of all time...

Author: /time Magazine | Title: GM's Sale of Opel: Second Thoughts for Magna? | 8/28/2009 | See Source »

...week. Ma has been facing his lowest approval ratings - around 20% - since he took office more than a year ago. The public has been angry with his lack of strong leadership and with the slow pace of relief efforts since Typhoon Morakot hit Taiwan on Aug. 8, bringing the worst floods in 50 years and leaving at least 568 dead or missing and more than 7,000 homeless...

Author: /time Magazine | Title: Why Taiwan's President Allowed the Dalai Lama Visit | 8/28/2009 | See Source »

...Local government leaders of the opposition party in the south - the area hit hardest by the typhoon - invited the Dalai Lama to comfort and pray for the victims of the worst natural disaster to hit the island since a 1999 earthquake killed more than 2,400. The Dalai Lama will arrive on Aug. 30 to give speeches and visit disaster areas for six days. This will be his third visit to Taiwan; the first two were in 1997 and 2001. The presidential office said it agreed to this visit on religious and humanitarian grounds, adding that it believed the visit...

Author: /time Magazine | Title: Why Taiwan's President Allowed the Dalai Lama Visit | 8/28/2009 | See Source »

...civil-rights march in Derry - Kennedy's position on Northern Ireland noticeably hardened. His comparisons of Northern Ireland with Vietnam and his calls for a British withdrawal from the province angered Protestants, many of whom came to view Kennedy as at best an ill-informed American and at worst an IRA sympathizer. Even in today's postconflict Northern Ireland, Kennedy's political allegiances remain a source of controversy. There were outcries from Protestant politicians in March, for example, when British Prime Minister Gordon Brown nominated Kennedy to receive an honorary knighthood from the Queen. (Read "Why Some Brits...

Author: /time Magazine | Title: Northern Ireland Remembers Ted Kennedy, the Peacemaker | 8/28/2009 | See Source »

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