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...gasoline went from about $2.50 to $3 per gallon and suburbanites began looking for something less expensive to drive. Pickup sales in the U.S. have fallen 15.7% and Ford's are down 12.2%. Ford's extensive commercial truck has held up fairly well despite rising interest rates and a drop in new housing starts, adds Pipas. But the discretionary buyers are having second thoughts about buying another one, or they are trading the pickups in for mid-sized and even small cars, he says. If the economy continues to slow, even the commercial business, which is closely tied...

Author: /time Magazine | Title: Losing Steam at Ford | 8/24/2006 | See Source »

...officials, who went on to suggest that the cease-fire in Lebanon could remain fragile not only for days or weeks, but for months to come. Perhaps ominously, that's the way HIzballah sees it, too. As one Hizballah official told TIME this week: "The other shoe can drop any time. We know it. Israel knows it. The CIA knows it. [Resolution 1701] is a superficial solution and it's not going to work." Without stronger efforts to support the peace, both Hizballah, and the average Lebanese still fearing the worst, may well be proven right...

Author: /time Magazine | Title: Just a Time Out in Lebanon's War | 8/24/2006 | See Source »

...poll several months ago had an unfavorable opinion of Cruise, in the wake of his controversial public statements and puzzling behavior such as using Oprah Winfrey's couch as a trampoline while declaring his love for future wife Katie Holmes. And coming just weeks after Disney's decision to drop out of a Holocaust TV miniseries project with Mel Gibson following the torrents of negative publicity about Gibson?s anti-Semitic comments during his DUI arrest, it's an indication that in this celebrity-gossip-saturated age, even stars with stellar box-office records are no longer immune from career...

Author: /time Magazine | Title: Who Loses in the Split — Paramount or Cruise? | 8/23/2006 | See Source »

...what a more ecumenical approach to college hunting looks like, you have only to drop in on Pope's Colleges That Change Lives tour, a kind of low-key Lollapalooza for freethinking colleges that are looking for liberated students. Last year more than 600 people attended each of the sessions in Chicago, Houston, San Francisco and Washington. In a crowded Manhattan hotel ballroom, Maria Furtado, director of admissions at Clark University in Worcester, Mass., grabs the wireless microphone in front of a crowd of more than 500 parents, students and college counselors and happily shatters conventional wisdom. "Every spring...

Author: /time Magazine | Title: Who Needs Harvard? | 8/21/2006 | See Source »

After Karr is returned to the U.S. this week, prosecutors will move to run tests to see whether his DNA matches samples found under JonBenet's fingernails and in her underwear. If they match, all the questions about his credibility will drop to the floor. If they don't, the murder of JonBenet Ramsey will go back into the unsolved-mystery file. And so will the story of John Mark Karr...

Author: /time Magazine | Title: Is This the Man Who Killed JonBenet Ramsey? | 8/20/2006 | See Source »

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