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...Porsche turned to the German government for help, but was rebuffed. Wiedeking has been negotiating with the Gulf state of Qatar over a cash infusion, but has so far failed to reach any deal. Piech sees the crisis as an opportunity to turn the tables and for VW to take control of Porsche, rather than the other way around. He's offered to buy Porsche's auto operations - but in a manner that provoked a furious response. Last weekend, the usually press-shy Wolfgang Porsche fired off an angry statement to the media accusing his cousin of issuing an ultimatum...

Author: /time Magazine | Title: Why VW and Porsche are On a Collision Course | 7/2/2009 | See Source »

Alicia Keys, Musician "I Can't Help It" I just love the bass line and chords of that song; it just puts you in an immediate zone - that yearning and that desire that's in his voice. I believe Stevie Wonder wrote that song, and it's just a beautiful culmination of the emotion of music...

Author: /time Magazine | Title: Our Favorite Songs | 7/2/2009 | See Source »

...five years since Jed Dorfman has been running Camp Walt Whitman, a posh haven complete with waterskiing and private boats in Piermont, N.H., that charges as much as $9,450 for a seven-week stay, he has had to work out payment plans and extend deadlines to help one or two families. Until this year, that is. A few months ago, with the enrollment deadline fast approaching, he called the families of several kids who had been coming to camp for years but hadn't signed up yet for 2009. He heard details about grandparents who had footed the bill...

Author: /time Magazine | Title: The Recession Hits Summer Camp | 7/2/2009 | See Source »

...Camp Yosemite Sierra, a Christian adventure camp in Bass Lake, Calif., executive director Sara Kuljis says she has been looking for different ways to help parents afford camp. Many children are coming for free in exchange for their parents working at the camp. Compared to years past, when a few parents worked as nurses for a session, this year parents are bartering everything from their skills as guest speakers to designing sets for camp plays. "It's been a way of working together just to get kids back to camp as much as we can," Kuljis says...

Author: /time Magazine | Title: The Recession Hits Summer Camp | 7/2/2009 | See Source »

...with the rest of the international community, was quick to condemn this latest Central American upheaval. His position has prompted a telling change of attitudes on the streets of Tegucigalpa. The leftist protesters are praising the U.S., which they normally would consider an evil empire, and urging it to help them restore Zelaya. Meanwhile, those in the halls of power grumble that the world is treating them unfairly. "Foreign governments misunderstand our situation," Congressman Juan Orlando tells TIME. "Once they learn that this was really a legal change of power, they will change their position." Yet it could be tough...

Author: /time Magazine | Title: Hondurans Take Sides and Hit the Streets | 7/1/2009 | See Source »

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