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June 24 may have been the day we stopped flunking that test. Governor Charlie Crist announced a stunning deal for Florida to buy the U.S. Sugar Corp., including 187,000 acres of farmland in the northern Everglades that will be used for restoration. Activists who have battled Florida's powerful sugar industry for decades were giddy. Engineers who have struggled to revive the Everglades without disrupting Big Sugar were flabbergasted. "I'm flabbergasted, too," Crist told TIME. He called the $1.75 billion deal as "monumental" as the creation of Yellowstone, and he may be right...

Author: /time Magazine | Title: Sweet deal. | 6/26/2008 | See Source »

...news conference Tuesday morning near the imperiled "River of Grass," Governor Crist announced a $1.75 billion deal to buy the U.S. Sugar Corp., including 187,000 acres (75,677 hectares) of farmland that once sat in the northern Everglades. If the deal goes through, it will extinguish a powerful 77-year-old company with 1,700 employees and deep roots in South Florida's coal-black organic soil. It will also resurrect and reconfigure a moribund eight-year-old Everglades replumbing effort that is supposed to be the most ambitious ecosystem restoration project in the history of the planet...

Author: /time Magazine | Title: Booting US Sugar from the Everglades | 6/24/2008 | See Source »

...music for an hour or so before Safari crashes; Firefox crashes within 10 min. Would someone please get on this ASAP? As of 11 a.m. E.T. Tuesday, 1,687,332 had pledged to download Firefox. "We think 5 million downloads is imminently doable," John Lilly, CEO of Mozilla Corp., told me today. That's 3.4 million more downloads than Firefox's previous record, set Oct. 24, 2006, when Firefox 2 was released. So download away...

Author: /time Magazine | Title: Firefox Goes for a Record | 6/17/2008 | See Source »

...monitoring its performance - is clearly defined. Such measures have made the fund the industry's gold standard. In a recent study by the U.S.-based Peterson Institute for International Economics, Norway's fund scored 100% for governance, as well as accountability and transparency. The Government of Singapore Investment Corp. averaged just 40%; the Abu Dhabi Investment Authority trailed with...

Author: /time Magazine | Title: Caring Capitalists | 6/11/2008 | See Source »

...anxious to meet him. I want to see if he will walk the walk.' RUPERT MURDOCH, chairman of News Corp., on U.S. presidential hopeful Barack Obama, predicting the Democrat's victory in November...

Author: /time Magazine | Title: Verbatim | 6/5/2008 | See Source »

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