Monday, August 10, 2009

TIME Daily News 24/7

Today's Top Stories

Sanctions Unlikely to Stop Iran's Nuclear Quest

By TONY KARON

With a deadline looming for Iran to respond to President Obama's outreach, Washington is preparing to escalate economic pressure on Tehran. But many doubt that this will break the stalemate

Cash for Clunkers 2.0: Five Tips for Consumers

By JOSEPH R. SZCZESNY

The Car Allowance Rebate System (a.k.a. cash for clunkers) just received another $2 billion in funding from Congress, which means more opportunities to trade in old cars. But to get a good deal you'll need to know the ropes

Ann Arbor Kills Its Newspaper — To Save It

By BELINDA LUSCOMBE

Ann Arbor is the first big town to lose its daily paper--now it's a laboratory for new media

So You Want to Be an Oil Speculator?

By ARI J. OFFICER

Oil is now above $70 per barrel, meaning huge profits for some speculators. But before you take the plunge, know how treacherous a game this can be

Box Office Weekend: G.I. Just-OK, Julia Delicious

By RICHARD CORLISS

G.I. Joe: The Rise of Cobra took in $56.2 million, according to early studio estimates of the weekend total

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By Joe Klein

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Cash for Clunkers 2.0: Five Tips for Consumers

The Car Allowance Rebate System (a.k.a. cash for clunkers) just received another $2 billion in funding from Congress, which means more opportunities to trade in old cars. But to get a good deal you'll need to know the ropes

Quotes of the Day

"That band of murderers and scoundrels will neither alter Spanish democratic life nor normality on the island."
Spanish King JUAN CARLOS,
talking to Mallorca island police chiefs after Sunday's bombing of tourist spots by the Basque separatist group ETA
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Postcard from...

Freetown

Singing to Stop the Fighting in Sierra Leone

By Glenna Gordon / Freetown

Seven years after the end of its brutal civil war, Sierra Leone is still struggling with ethnic tensions and conflict. But at a studio in the country's capital, young musicians are trying to make a change through song

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