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...Washington An Election of Firsts Yes, we all know why the 2008 U.S. presidential election was a historic racial milestone. But according to new data released by the U.S. Census Bureau, the contest also virtually eliminated the long-standing gap in participation rates between black and white voters. For the first time, younger blacks voted in greater proportion than their white peers, and black women voted at a higher rate than any other demographic. Overall, though, the number of ballots cast rose only modestly from 2004, as gains in minority voting were offset by stagnant or declining turnout among other...

Author: /time Magazine | Title: The World | 8/3/2009 | See Source »

...Compared to its battered competition, VW is coasting through 2009, boosting its share of global car sales to 12% from 9.9% in the first half of the year. Yes VW's second quarter profits, released July 30, were down 83%, but have you seen the competition's numbers? The markets certainly like the look of the German firm: its stock price surged 5% the day the latest figures were released. "Even in a particularly difficult phase in the international automotive markets we were able to gain share in key markets. This has further improved our position...

Author: /time Magazine | Title: Why Volkswagen Is Powering Through the Recession | 7/31/2009 | See Source »

...inadvertently slighted him by attempting to treat him in the first place. In Korean business culture, when an intern pays for a senior, more established employee’s meal, it becomes a loss of face for the latter. Our colleague’s gesture was a kindness, yes, but also a necessary product of Korea’s Confucian social mores that say older people have responsibility for—and power over—younger ones...

Author: By Anita J Joseph | Title: The Age Handicap | 7/31/2009 | See Source »

...look now, but they're all around you. They're standing by the copy machine, hovering by the printer, answering the phone. Yes, they're the overworked, underappreciated interns: young, eager and not always paid. And with just 20% of the graduating class of 2009 gainfully employed, according to the National Association of Colleges and Employers, there are more and more of them each day. (You may even be one of them yourself...

Author: /time Magazine | Title: Interns | 7/30/2009 | See Source »

That's your carrot. Yes...

Author: /time Magazine | Title: TIME's Exclusive Interview with President Obama | 7/29/2009 | See Source »

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