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...contract to the foreign firm. (The Airbus team claims its deal will support 25,000 U.S. jobs, but Boeing says it would have created more.) Underscoring the sensitivity of the topic on Capitol Hill, a top Air Force official addressing a House hearing on Wednesday referred to the winning bid using only the name of its American partner. "Northrop Grumman brought their A-game" to the competition, said Air Force procurement chief Sue Payton. Critics were unimpressed: "Northrop's a front," countered Rep. Dave Hobson, R-Ohio...

Author: /time Magazine | Title: Air Force Snub Good for Boeing | 3/7/2008 | See Source »

...hint of clean-cut, Princeton guilelessness about him, but there's also something behind those eyes that's constantly assessing." Different they may be, but Murdoch, 36, and Packer, 40, are friends and once again a team. They've joined forces to launch a $3.06 billion takeover bid for Consolidated Media Holdings (CMH), which owns a catalog of blue-chip Australian media assets, from free-to-air and cable television to digital and magazine interests...

Author: /time Magazine | Title: Back in Business | 3/7/2008 | See Source »

...NCAA Championship in fencing yesterday, with 10 Harvard fencers making the list out of a possible 12. The tournament will be held March 13-16 in New Haven, Conn. Nine Crimson fencers qualified based on their performances at regionals last weekend, while sophomore Long Ouyang received an at-large bid, beating out seven of the other top foil fencers in the country. For the men the participants include: in foil, Ouyang and junior co-captain Kai Itameri-Kinter, in epee, senior Teddy Sherrill and sophomore Billy Stallings—who won the gold at regionals—and in sabre...

Author: By Crimson Sports Staff, CRIMSON STAFF WRITER | Title: Harvard fencing team well represented in NCAA Championship, sending 10 fencers to New Haven | 3/6/2008 | See Source »

...lost - a pre-emptive strike against the political establishment and a cocky signal that he wasn't going to wait his turn. Valerie Jarrett, a friend and now a top adviser, recalls hosting a small brunch at her house at the end of 2002, when Obama was weighing a bid for the U.S. Senate. "It was Michelle, Barack, myself and maybe two or three others," she says. "All of us came in lockstep to convince him not to run. For all of our arguments, he had a [counter] argument ... and by the end of brunch, he'd convinced...

Author: /time Magazine | Title: Can Obama Play Offense? | 3/6/2008 | See Source »

...Panzer for his tank-like drive. His 2005 election to a five-year term as OAS chief gained him Latin street cred, because he was the first candidate in the history of the organization elected without U.S. backing. (The U.S. eventually accepted him as Secretary General after dropping its bid to seat a more conservative Mexican nominee.) Insulza gained further credibility as an impartial broker last year when Chavez, widely regarded as the force that got Insulza elected, angrily declared him "a true idiot" and "a viceroy of the [U.S.] empire" for warning the Venezuelan leader not to encroach...

Author: /time Magazine | Title: Refereeing the Colombia Standoff | 3/6/2008 | See Source »

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