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...champions on Dec. 31. Tom Stemberg, former CEO and founder of Staples, and now managing partner of the Highland Consumer Fund, sees no correlation between Black Friday sales and a retailer's ultimate success or failure over the holiday season. "Black Friday sales are about as meaningful as Groundhog Day is to the weather forecast," says Stemberg. "What happens is every retailer blows his brains out with these door-crasher deals trying to generate traffic...

Author: /time Magazine | Title: Winners and Losers from Black Friday Weekend | 12/2/2009 | See Source »

...Doctors who examined Demjanjuk testified on Monday that while he's frail, he's fit to stand trial and he's not suffering from dementia. The hearings will be limited to two 90-minute sessions each day so as not to tire him out. If his health deteriorates further, however, there's a chance the whole trial may grind to a standstill. As for the survivors and the relatives of those killed at Sobibor, they're just relieved the trial has started...

Author: /time Magazine | Title: Demjanjuk's Trial: The Last Nazi War-Crimes Defendant | 12/1/2009 | See Source »

...Antarctica a continent free of weapons and reserved for scientific research alone; its signatories vow to refrain from making any claims to the territory, which is considered neutral ground. The pact fulfilled a longtime goal of its brainchild, President Dwight D. Eisenhower, who feared the remote region could one day become an area for military competition. "The Antarctic Treaty and the guarantees it embodies constitute a significant advance toward the goal of a peaceful world with justice," he said the day the treaty was signed. (See vintage pictures of polar exploration...

Author: /time Magazine | Title: Antarctica | 12/1/2009 | See Source »

Indeed, even as the Northern League continues to cite Christian themes in its opposition to a growing Muslim minority, Pope Benedict XVI on Nov. 27 presented the annual message for the upcoming World Day of Migrants and Refugees. "Jesus' words resound in our hearts," he said. " 'I was a stranger and you welcomed me,' as, likewise, the central commandment he left us: to love God with all our heart, with all our soul and with all our mind, and to associate this with love of neighbor." Now that is a different kind of Christmas spirit...

Author: /time Magazine | Title: An Italian Town's White (No Foreigners) Christmas | 12/1/2009 | See Source »

...still, seemingly adrift in the Persian Gulf, their 60-ft. boat appears to have inadvertently coasted into the territorial waters of Iran. Duly halted by Iranian naval vessels on Nov. 25, the men - seasoned sailors who had planned to take part in a yacht race from Dubai the following day - were swiftly whisked into the uncertain fate of Iranian custody at a moment of mounting tensions between Tehran and the West...

Author: /time Magazine | Title: British Captives in Iran Face Uncertain Fate | 12/1/2009 | See Source »

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