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Bloom has taken the lead in trying to negotiate the sale of 20% (at least initially) of Chrysler to Fiat. His position has been undercut by Chrysler's tenuous finances, leaving Fiat holding the cards at the negotiating table. The $6 billion sweetener from the government essentially amounts to a...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

But if outwardly it's business as usual for North Korea, internally, things have changed. Analysts say Kim is being aided in running the country by his most trusted deputy, his brother-in-law Chang Sung Taek, the husband of Kim's younger sister Kim Kyong Hui. Chang, 63, oversees...

Author: /time Magazine | Title: What's in Store for North Korea After Kim | 4/2/2009 | See Source »

The modern literary tradition—in particular, the Lost Generation writers and their contemporaries—has done something curious in romanticizing the throes of alcoholism. Hemingway, Faulkner and Fitzgerald were all raging alcoholics and filled their novels with characters who acted likewise. But never before, and rarely today...

Author: By Will L. Fletcher, CONTRIBUTING WRITER | Title: Alcoholic 'Angel' Proves Formidable | 4/2/2009 | See Source »

Guardian Goes All-Twitter Guardian.co.uk "Consolidating its position at the cutting edge of new media technology, the Guardian today announces that it will become the first newspaper in the world to be published exclusively via Twitter, the sensationally popular social networking service that has transformed online communication.... The move, described...

Author: /time Magazine | Title: Fake Pandas! And Other April Fools' Day Hoaxes | 4/1/2009 | See Source »

"In some ways, the world has become accustomed to the United States being a voracious consumer market and the engine that drives a lot of economic growth worldwide," Obama said, hinting that this position may not be sustainable. "We're going to have to take into account a whole host...

Author: /time Magazine | Title: The G-20's Hidden Issue: A Global Trade Imbalance | 4/1/2009 | See Source »

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