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...soon spend as much as $1 billion changing all its vending machines and global signage to the new design. It's the 11th time in Pepsi's 110-year history that the company has revamped its logo, and the first since 1987. Some have likened the look to President-elect Barack Obama's rising-sun-over-the-horizon campaign iconography. Although there's no evidence that Pepsi modeled its logo on Obama's, the soda giant probably wouldn't mind riding the President-elect's wave of success, particularly his popularity among global youth. (See the Top 10 Super Bowl...

Author: /time Magazine | Title: Why Pepsi's Down While Coke Is Up | 11/12/2008 | See Source »

...idea has some prominent backers, including Katyal and former assistant attorney general Jack Goldsmith, who clashed with senior Bush Administration officials over Guantánamo and other issues during his time at the Justice Department. The Associated Press, citing unnamed Obama advisers, reported Monday that the President-elect plans to put forward proposals for a new court to handle some Guantánamo cases. But many legal thinkers disagree with such an approach, arguing that all such cases should be prosecuted in federal courts, which have proven effective in many instances. Also, many argue that new national-security courts would...

Author: /time Magazine | Title: How to Close Guantánamo: A Legal Minefield | 11/11/2008 | See Source »

...emerging Obama transition team has yet to spell out its plans for closing Guantánamo officially. Campaign officials say the President-elect is still forming the legal team that will advise him on that and other issues once he begins making decisions as President. Obama has not spoken on the issue since winning the presidential election and has offered no signs that he discussed the matter with President Bush when visiting the White House on Monday. But there's little doubt that the Guantánamo problem Bush leaves behind for Obama will be one of the hardest...

Author: /time Magazine | Title: How to Close Guantánamo: A Legal Minefield | 11/11/2008 | See Source »

Chicago businesswoman Valerie Jarrett has earned all sorts of nicknames as an aide to President-elect Barack Obama - from "First Friend" to "big sister" to "the other half of Obama's brain." As co-chair of his transition team, Jarrett has spent the past week denying rumors, parsing policy changes and insisting that she doesn't know where she'll end up in the new administration (although Beltway gossip suggests she may be appointed to Obama's seat in the Senate). Of her relationship with the 44th commander-in-chief, Jarrett says simply: "He is my dear friend. I would...

Author: /time Magazine | Title: Valerie Jarrett | 11/11/2008 | See Source »

Stand aside, Joe Biden. The American Vice President-elect may have made a few verbal missteps during the campaign, but the title of Prince of Gaffe belongs unassailably Silvio Berlusconi. Last week's election victory of Barack Obama and his garrulous running mate offered the Italian Prime Minister another chance to prove he is the world leader with the loosest lips. Speaking in Moscow alongside Russian President Dmitry Medvedev, Berlusconi flashed a Cheshire-cat grin as he listed the reasons that Obama would be an effective leader: "He's young, handsome, and even has a good tan." (See pictures...

Author: /time Magazine | Title: Why Berlusconi Loves a Good Gaffe | 11/11/2008 | See Source »

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