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...these stomach-churning times, there's comfort to be had in chocolate. Just ask Kraft. The world's second-largest foodmaker revealed on Monday, Sept. 7, that it had launched a $16.7 billion bid for British confectioner Cadbury, a bold effort to create "a global powerhouse in snacks" worth $50 billion a year in revenues. Cadbury rejected the offer, but Kraft, maker of Oreo cookies and Kool-Aid, showed its sweet tooth. The firm is "committed to working toward a transaction," it said in a statement, "and to maintaining a constructive dialogue...

Author: /time Magazine | Title: Will Kraft Swallow British Chocolate Maker Cadbury? | 9/7/2009 | See Source »

...once when I've seen an image of our First Lady has it been lost on me that she is also a member. I don't see just an easy, bouncy do. I see the fruits of a time-consuming effort to convey a carefully calculated image. In the next-day ponytail, I see a familiar defeat...

Author: /time Magazine | Title: Why Michelle Obama's Hair Matters | 9/7/2009 | See Source »

...value detainees like 9/11 mastermind Khalid Sheikh Mohammed were initially resistant to interrogation but broke down under more coercive techniques--providing information that helped foil imminent terrorist plots and save thousands of lives. The proof, Cheney claimed, lay in two classified CIA memos that showed "the success of the effort...

Author: /time Magazine | Title: The Moment | 9/7/2009 | See Source »

...observers believe that newly elected Salvadoran President Mauricio Funes will ease the Mano Duro policy and, instead, implement social programs aimed at dissuading the country's youth into joining gangs. But, says Samuel Logan, an expert on Latin American gang culture, "The current administration still has not made an effort to to adopt a less punitive position in dealing with the gangs." Ironically, one of the loudest advocates for rolling back Mano Duro ways Poveda, who photographed the El Salvaor civil war for TIME in the 1980s. Poveda said in a recent interview that El Salvador's political corruption...

Author: /time Magazine | Title: The Gangs of El Salvador: A Growing Industry | 9/6/2009 | See Source »

...Obama Administration's moves on Honduras very closely," says Vicki Gass, a senior associate at the independent Washington Office on Latin America. While Gass applauds Clinton's threat to reject Honduras' November election results as a "very positive step that shows the U.S. is serious again about multilateral effort in Latin America," she fears the U.S. has "created risks in other countries" by not designating Honduras' putsch as military...

Author: /time Magazine | Title: Why Obama Won't Use the M-Word for Honduras' Coup | 9/5/2009 | See Source »

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