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Industry analysts say decisions by several big-name tech companies to plunk down billions of dollars on deals in recent weeks is a sign that senior executives believe the economy has bottomed and that buying now is better than buying later. "It's clearly a sign of renewed optimism" in...

Author: /time Magazine | Title: Tech Mergers and Acquisitions Coming Back | 10/7/2009 | See Source »

The biggest prize of all is China, which is already the largest wine importer in Asia. But at the moment, Hong Kong, which is a part of China but has its own system of government, is not in a strong position to become sommelier to its big brother. Authorities in...

Author: /time Magazine | Title: Vintage Wines Fetch Record Prices in Hong Kong | 10/7/2009 | See Source »

No one, including himself, would argue that Bradley Birkenfeld, 44, is a saint. The former UBS private-banking executive hasn't hidden the fact that he once bought diamonds with illicit money in Europe and then spirited them to California stuffed in a toothpaste tube, all part of an effort...

Author: /time Magazine | Title: Why Is the UBS Whistle-Blower Headed to Prison? | 10/6/2009 | See Source »

That's not the only potential conflict at play. While the Justice Department has already decided that Birkenfeld isn't a true whistle-blower, the IRS has yet to make its own determination. An adverse ruling "may make more sense legally than it does from a policy standpoint," says former...

Author: /time Magazine | Title: Why Is the UBS Whistle-Blower Headed to Prison? | 10/6/2009 | See Source »

Over the past few years, foreign aid workers have increasingly become the targets of attacks in the region as militants have tried to drive relief programs out of the area. Earlier this year, a 21-year-old Afghan fighter who had trained in Quetta, the capital of Pakistan's Baluchistan...

Author: /time Magazine | Title: Suicide Attack on U.N. Office in Pakistan Kills Five | 10/5/2009 | See Source »

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