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...leaders of candymaker Hershey conduct their quiet deliberations as to whether to buy British company Cadbury, one thing is certain: their thoughts will be guided not so much by the financial interests of billionaire investors, hedge funds or even individual shareholders as they will by the fate of 1,800 poor children living on a former farm in rural Pennsylvania...

Author: /time Magazine | Title: In Hershey's Possible Cadbury Bid, a School's Fate | 12/15/2009 | See Source »

...They were realizing that consolidation was going to be playing out - was already playing out - in the global confectionary marketplace," research analyst Alexia Howard of Sanford Bernstein said. "The trust wanted to make certain that during that period, when the company was making big decisions about how this would play out, they wanted to be in more direct control of the company...

Author: /time Magazine | Title: In Hershey's Possible Cadbury Bid, a School's Fate | 12/15/2009 | See Source »

...been "the best recruiting officer" for U.S. military efforts to partner with Arab states over the past year. That's according to General David Petraeus, who as commander of Centcom is responsible for overseeing the wars in Afghanistan and Iraq and security efforts throughout the region. "There were certain countries which used to hold us at arm's length that have over the last year embraced Central Command in certain cooperative endeavors," Petraeus told TIME in an interview on Dec. 13, citing ballistic-missile defense agreements and shared early-warning systems. "Ahmadinejad's rhetoric is very alarming among countries...

Author: /time Magazine | Title: Rattled by Iran, Arab Regimes Draw Closer | 12/15/2009 | See Source »

...FARC, along with José Ignacio Chauvín, briefly his deputy in the Interior Ministry, and Maria Augusta Calle, a television journalist and currently a legislator for Correa's Alianza PAIS political movement. All deny supporting the guerrillas. At the same time, however, the report is certain to come under scrutiny for the way it insulates Correa from blame. (It also finds no wrongdoing by any of his current officials.) "If we have pedophile priests, it doesn't mean the Pope is a pedophile," Huerta argued to reporters...

Author: /time Magazine | Title: Ecuador Officials Linked to Colombia Rebels | 12/15/2009 | See Source »

...funneling the money left over from TARP funds toward businesses’ hiring credits, the government will hopefully bring down the remarkably high unemployment rate. According to Obama’s plan, tax credits will be given to industries that employ a certain number of low-skilled workers who would otherwise likely be fired as a result of the economic downturn. Historically, similar plans to keep workers employed during recessions have worked. The 1977 New Jobs Tax Credit was immediately followed by an 11.2 percent rise in employment—a record for the United States at the time...

Author: By The Crimson Staff | Title: Smart Stimulus | 12/14/2009 | See Source »

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