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...very hard, but it just hasn't worked." In Schrager's view, GM is a strategic failure. It can manufacture high-quality cars, but it neither makes the right kind nor markets them effectively. He'd bust the company up into three independent firms: Chevy, Buick-Pontiac-GMC and Cadillac-Saab-Saturn...

Author: /time Magazine | Title: Is General Motors Worth Saving? | 11/13/2008 | See Source »

...doubled from 2004 to 2006--to about 400, according to a study by the Forum of Regional Associations of Grantmakers in Washington. Growth has continued since then: giving circles have donated $100 million over the past four years. And the ragged economy may be accelerating the trend. In Cadillac, Mich., Laurie Melstrom formed a giving circle in early October--just as the stock market was swooning. "This economic downturn has a lot of people breaking out into a sweat," says the 54-year-old homemaker. "Yet everyone said, 'Count me in.'" Individually, the group's 10 or 12 prospective members...

Author: /time Magazine | Title: Giving Circles | 11/5/2008 | See Source »

Miuccia Prada planted the seeds in her spring 2007 collection, sending down the runway two satin dresses the moody purple-blue of Van Gogh's irises. Since then, fellow designers Marc Jacobs and Zac Posen have filled their lines with shades of it. Nike, the Gap and even Cadillac are sporting its finery. And Michelle Obama certainly got the memo. She wore it to her husband's nomination ceremony and final debate and on Larry King Live--as did, come to think of it, Mr. King...

Author: /time Magazine | Title: Purple Reign | 10/31/2008 | See Source »

...have a little too much pop. Historically, the automotive industry has been leery of purple, with Americans tending to shy away from brighter colors on larger cars. But the General Motors executive in charge of external color and trim, Chris Webb, is quick to sing the praises of Cadillac's revival of "black cherry," which he describes as "a very dark burgundy red." When pressed, he notes that "reds are going bluer." To the point of purple? "Exactly...

Author: /time Magazine | Title: Purple Reign | 10/31/2008 | See Source »

More modest but equally intriguing are the Alexander Construction Co. tract houses, whose rooflines extend out and up like the fins on a Cadillac. One Alexander owner, Chris Menrad, recently worked with the home's original architect, William Krisel, to redesign the landscaping so that it complements the structure's now retro-futuristic look...

Author: /time Magazine | Title: Renting Frank Sinatra's House | 7/31/2008 | See Source »

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