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One of the largest American companies that reached a crisis in the last month is Dow Chemical. It lost a deal with Kuwait that would have given it about $7 billion. It also bid to buy Rohm & Hass (ROH). Now that the money from Kuwait is gone and the worldwide...

Author: /time Magazine | Title: Boards Refuse to Act Despite Poor Governance | 2/5/2009 | See Source »

India once welcomed refugees from Bangladesh. An estimated 4 million of them settled in India after the 1971 war that created its new neighbor. But their numbers have swelled to at least 10 million and a backlash has started. The fence, now two-thirds complete, was begun in earnest three...

Author: /time Magazine | Title: A Great Divide | 2/5/2009 | See Source »

When Chinese Premier Wen Jiabao's London visit was also disrupted by snow, Britain's international humiliation was complete. Still, say this for Londoners: They can laugh at themselves. "Good thing Hitler's dead," remarked a stock clerk in a supermarket. "He couldn't get us with the Blitz, but...

Author: /time Magazine | Title: The Moment: London | 2/5/2009 | See Source »

Other sonic tricks have had their moment--notably Peter Frampton's "talk- box," a plastic tube that made his guitar sound as if it were talking--but in skilled hands, Auto-Tune is the rare gimmick that can lead to innovation. On T-Pain's latest album, Thr33 Ringz, tracks...

Author: /time Magazine | Title: Auto-Tune: Why Pop Music Sounds Perfect | 2/5/2009 | See Source »

Many English schools have yet to reopen, suggesting that Britons even more than Washingtonians lack the "flinty Chicago toughness" that President Obama missed when his daughters' new school closed its doors during a recent wintry blast in the U.S. capital. When Chinese Premier Wen Jiabao's London visit was disrupted...

Author: /time Magazine | Title: Snow Business Means No Business in London | 2/3/2009 | See Source »

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