Wednesday, December 3, 2008

TIME Daily News 24/7

Today's Top Stories

The Auto Bailout May Wind Up on Obama's Plate

By JAY NEWTON-SMALL / WASHINGTON

With the prospects for congressional action uncertain, the President-elect's team is quietly exploring options for taking action after inauguration day

The Pope's Christmas Gift: A Tough Line on Church Doctrine

By JEFF ISRAELY

Benedict XVI has put on his Scrooge mask to battle gay rights in the United Nations and to suggest curtailing the often exuberant moment of peace at Mass

Why Do the Mentally Ill Die Younger?

By KATE TORGOVNICK

People with serious mental illness die 25 years earlier than the general population — for eminently treatable causes.

Why the Big Three Should Fly Corporate Jets

By BILL SAPORITO

Warren Buffett and other busy CEOs fly corporate jets because, duh, it's good for shareholders.

A Letter to My Friend, Tim Geithner

By BILL POWELL

TIME Senior Writer Bill Powell has known the newly nominated Treasury Secretary Tim Geithner since the early 90s. Geithner was then with the US Treasury in Tokyo, and Powell was a correspondent

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TIME Blogs

Swampland

By Michael Scherer

From the lack of a plan to currency fluctuations in China, Michael Scherer highlights the negative news in the economy.

Special Package

Obama's White House

On January 20, 2009, Barack Obama will become the the next leader of the United States — but he won't be leading alone. TIME takes a look at the associates Obama has chosen to join his cabinet and his roster of senior advisors

Quotes of the Day

"It certainly does not mean that we consider it acceptable to hear voices from Moscow on a possible sitting of Iskander missiles near Lithuania."
JAAP DE HOOP SCHEFFER,
NATO's secretary-general, on the alliance's decision to deny a path to membership for Ukraine and Georgia.
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Postcard from...

Lima

Death in the Afternoon Draws a Crowd

By Lucien O. Chauvin

Attendance at bullfights in Peru's capital slumped in the '90s, but a resurgent economy has made the ring the place to be seen

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