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...which are planted in key market segments critical to GM's future sales: the hybrid Chevrolet Silverado pickup truck, the Buick Lacrosse sedan and three new crossover vehicles (the Cadillac SRX, Chevrolet Equinox and GMC Terrain) that are part car and part SUV, all of which will reach dealers soon. (See pictures of American muscle cars...

Author: /time Magazine | Title: Can GM's New Models Woo Back Buyers? | 7/15/2009 | See Source »

...barrel, the economic slowdown has kept per-barrel prices relatively reasonable in 2009. But in his new book, $20 Per Gallon: How the Inevitable Rise in the Price of Gasoline Will Change Our Lives for the Better, Christopher Steiner argues the dip is temporary, and says gas prices will soon climb beyond $4 per gallon to heights previously unimaginable...

Author: /time Magazine | Title: How the Coming Rise in Gas Prices Will Change the World | 7/15/2009 | See Source »

...Senate is expected to vote soon on an amendment offered by Carl Levin of Michigan, chairman of the Armed Services Committee, and John McCain of Arizona, its ranking Republican, to eliminate $1.75 billion that the committee added, over their objections, for seven more F-22s (the price includes only the hardware, not the R&D, to design the planes). Those calling for an end to the plane's production note that the F-22 was designed to fight Soviet warplanes - aircraft never built by a country that no longer exists. (See pictures of Russia celebrating Victory...

Author: /time Magazine | Title: Dogfight Over the F-22: Protecting Jobs or the Nation? | 7/15/2009 | See Source »

...verbal agility, stamina and likability--that he used to get consumers to buy products they never knew they needed. He carried the torch for vintage pitchmen, and I had hoped that he would continue to do so for a new generation. But his pitch was cut short far too soon...

Author: /time Magazine | Title: Billy Mays | 7/13/2009 | See Source »

...Some political experts say it is too soon to predict that the DPJ will win a majority in the general election based on results in Tokyo because the city's concentration of wealth and population density are different from those in the rest of Japan. But dissatisfaction with leadership is running high. Japan is reeling from a jobless rate that has reached a five-year high of 5.2%, and industrial output is down one-third from a year ago. A recent poll conducted by the Yomiuri Shimbun newspaper showed that 41% of Japanese would vote...

Author: /time Magazine | Title: Japan's PM Aso Calls for General Election | 7/13/2009 | See Source »

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