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...little-known Republican state senator on Tuesday night pulled off one of the most stunning upsets in modern political history, potentially dealing a crippling blow to President Obama's agenda. As Scott Brown claimed victory in his bid to become the first GOP Senator to represent Massachusetts in nearly four decades, he told his ecstatic supporters that they had sent a message that is likely to shake Democrats across the nation at the onset of the congressional midterm election season. "What happened here can happen all over America," Brown declared. The Democrats, he predicted, "will be challenged again and again...

Author: /time Magazine | Title: Does Brown's Senate Win Mean the End of Health Reform? | 1/20/2010 | See Source »

...That all might change, however, if JAL, with ETIC's approval, takes an offer from overseas. Both American Airlines and Delta Air Lines have been courting JAL for months in a bid to expand their Asia networks. American, as a partner to JAL through the Oneworld alliance, and its private equity partner are willing to offer JAL $1.4 billion. Delta, the world's largest airline operator, has offered $1 billion. JAL aimed to make the decision between American or Delta by the end of the month, but Transport Minister Maehara has said the decision will be delayed. Neither airline will...

Author: /time Magazine | Title: Japan Airlines Files for Bankruptcy | 1/19/2010 | See Source »

Getting sweet tooths to give in to temptation has never been too difficult for Cadbury, the world's second largest confectioner. However, resistance, as it's now finding, is hard to maintain. Ending months of hostility, the firm announced on Tuesday, Jan. 19, it had approved a revised takeover bid from U.S. food giant Kraft. Linking Cadbury's Dairy Milk chocolate to Kraft's Philadelphia cream cheese in a $19.5 billion deal, Cadbury chairman Roger Carr said cheerfully in a statement, amounted to "good value for Cadbury shareholders...

Author: /time Magazine | Title: Bittersweet Deal? Cadbury Accepts Kraft Takeover | 1/19/2010 | See Source »

...there to see and shake hands with Scott Brown, the Republican state senator who may be just hours away from one of the biggest upset victories in modern political history. If the latest polls are to be believed, Brown holds a narrow edge in his bid to win a special election to the Senate - from a state that more than any other is synonymous with liberalism. Even more remarkable, it is a seat that has been represented nearly continuously by a Kennedy for over half a century. Democrats now say privately that their last hope is that a superior...

Author: /time Magazine | Title: The Democrats Hold Their Breath in Massachusetts | 1/19/2010 | See Source »

Democrats Bid a Surprise Farewell...

Author: /time Magazine | Title: The World | 1/18/2010 | See Source »

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