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Read: "Why Wal-Mart's First India Store Isn't A Wal-Mart...

Author: /time Magazine | Title: Inspired by McDonald's, Wal-Mart Creates Its Own Dollar Menu | 5/15/2009 | See Source »

...borrowing and simply dissects the bill before Congress, one starts to see that the proposed changes aren't really about dictating what a card company can or can't charge borrowers. There's a way to do that: impose interest-rate caps, as many states' usury laws do. That isn't what Congress is on track to do. Instead, the new law, which would build on regulations issued by the Federal Reserve and other agencies at the end of last year, would, above all else, inject transparency and fairness into credit-card contracts...

Author: /time Magazine | Title: Congress's Credit-Card Bill: Playing Fair, Not Foul | 5/15/2009 | See Source »

...This is what NHL commissioner Gary Bettman doesn't understand. You can't put hockey into every major city in America, because hockey isn't woven into the fabric of the American quilt the way it is woven into the Canadian toque. Canadian billionaire and hockey nut Jim Balsillie knows this - which is why he's making his third attempt to purchase a NHL team ... seemingly against the NHL's wishes. (Read "Why No One Is Seeing the NHL's Great Game...

Author: /time Magazine | Title: A Friend of the Hockey Court | 5/14/2009 | See Source »

...these were bureaucratic advances, the sort that only occasionally lead to actual changes. Holbrooke was well aware of this, of course, and he was quick to say that "no one is promising that this will win the war." He then added, with a certain pride of authorship, "But success isn't possible if we didn't do it." And he's right: for the first time, Afghan and Pakistani Ministers of the Interior sat down and hammered out a rudimentary agreement on information-sharing. Agricultural and trade delegations also met, as did, most significant of all, military and intelligence representatives...

Author: /time Magazine | Title: Obama's Partner Problem in Afghanistan and Pakistan | 5/14/2009 | See Source »

...paintball fans complain that the proposed laws are heavy-handed, some politicians claim the measures are shortsighted, warning that tighter gun legislation isn't a quick fix to tackling gun crime. "There isn't a magic formula to prevent a killing spree," says Dieter Wiefelspuetz, interior policy spokesman for the Social Democrats. "The biggest challenge is to examine why some young men turn violent when they grow...

Author: /time Magazine | Title: New German Gun Laws Could Ban Paintball | 5/14/2009 | See Source »

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