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...worst of the financial crisis bit and the U.S. car market collapsed, Toyota reduced production and shed temporary workers, sending a damaging ripple through the region. The scars are clearly visible on the town's streets, riddled with closed shops and restaurants. Ryuichi Watanabe, an agent at the local branch of the Able property brokerage, says rents are down some 20% from two years ago, with many apartments lying empty. He worries the worst may be yet to come. "The myth of Japanese quality has crumbled," he says. "That means less markets and a negative impact on the entire economy...

Author: /time Magazine | Title: At Toyota's Home Base, Townspeople Are Worried | 2/10/2010 | See Source »

...with his well-received State of the Union address and proceeded through town meetings in Florida and New Hampshire. It was marked by a new willingness to engage the opposition party with cutting humor and offers of compromise. In the State of the Union, he had offered an olive branch to the Republicans - a new commitment to budget balancing (including a bipartisan commission to reduce the deficit that Republicans had been clamoring for), a new emphasis on free trade, a total reversal of his party's traditional positions on nuclear power and offshore drilling. In Baltimore, Obama reminded the Republicans...

Author: /time Magazine | Title: Obama Calls Out GOP, but Nobody's Home | 2/4/2010 | See Source »

...Morris was not intimidated. “They say that Mozart’s music is too fragile, structurally too perfect,” he said. “As if, when you threw a branch, it would fall apart.” But while Mozart’s music is structurally sound, its supposed difficulty simply creates an intimidating aura around the composer’s work. “Mozart’s music is great,” he said. “Why not dance...

Author: By Madeleine M. Schwartz, CRIMSON STAFF WRITER | Title: Morris Dances with Wolfgang | 2/3/2010 | See Source »

...were to ask Gates about his influence within the Administration, he'd stress that he serves at the pleasure of the Commander in Chief. But that too is a mark of his craft. "I have never seen anyone more effectively maneuver in the Executive Branch of the Federal Government than Bob Gates," says his old friend David Boren, the former head of the Senate Select Intelligence Committee who is now advising the White House on intelligence. "He knows just when to give his advice, to whom to give it, and he's extremely good at forming alliances with other people...

Author: /time Magazine | Title: What Is Robert Gates Really Fighting For? | 2/3/2010 | See Source »

Hotpot Paradise Ordinarily an informal affair, hot-pot gets the upscale treatment at branches of this swish chain (also called Ding Ding Xiang). The mixed-vegetable platter and the sampler dish of Inner Mongolian lamb will give you plenty of things to simmer, and go well with either the mushroom broth or the herbal black-chicken soup. The latter features medicinal ingredients like goji berries and red dates for extra goodness. Get a side order of the restaurant's award-winning sesame crispbread, and wash it all down with a jug of cold soybean milk. Dinner for two runs...

Author: /time Magazine | Title: Hotpot Paradise in Beijing | 2/3/2010 | See Source »

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