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...senior al Shabaab official in Mogadishu, said the group had targeted the ceremony as part of its war on the U.S.-backed Transitional Federal Government. More attacks are to come, he warned. "We did not target the students -our target was the TFG, and each day and every hour we will keep fighting ... Our goal is to target the enemy of Allah. We will never give up pursuing the enemy of Allah. (See pictures of the pirates of Somalia...

Author: /time Magazine | Title: Suicide Bombing Marks a Grim New Turn for Somalia | 12/3/2009 | See Source »

...three-hour event began with a brief period of networking time, followed by a panel discussion on the trials of starting new ventures. Panelists included Keith W. Cooper ’83, President and Chief Operating Officer of Carbonite, an online file protection service; Graham Lubie, co-founder of Celarix, an early leader in internet software; and Furqan Nazeeri, founder of several ventures including Pivot, Inc., an instant messaging platform for Wall Street traders...

Author: By Jacob Cedarbaum, CONTRIBUTING WRITER | Title: HBS Launches New Entrepreneurial Contest | 12/2/2009 | See Source »

...news that Maurice Clemmons' rampage had come to an end brought an immense sense of relief to the citizens of the Seattle-Tacoma area. The nearly 48-hour manhunt for him had gripped Washington State since early Sunday morning, Nov. 29, when Clemmons reportedly walked into the Forza Coffee Co., a shop in a strip mall in the Tacoma suburb of Parkland, reached into his jacket, pulled out a gun and opened fire on four officers from the town of Lakewood who were working on their laptops. It ended on a dark street in south Seattle just before...

Author: /time Magazine | Title: A Cop-Killer Crisis Ends, but Tacoma's Anxiety Lingers | 12/2/2009 | See Source »

George W. Bush didn't get a whole lot of attaboys on his way out of the White House. But on World AIDS Day near the end of last year, the outgoing U.S. President was the man of the hour, fielding praise from global health advocates and world leaders for the President's Emergency Plan for AIDS Relief, or PEPfAR, which increased tenfold the number of HIV-infected patients in Africa who receive antiretroviral treatments. At megachurch pastor Rick Warren's Global Health Forum on Dec. 1, 2008, Bush lingered to discuss this untarnished highlight of his presidency, a commitment...

Author: /time Magazine | Title: Is Obama Scaling Back Bush's AIDS Initiative? | 12/2/2009 | See Source »

Prechter republished Elliott's books and in 1979 went into the forecasting business for himself at what he dubbed the Elliott Wave Institute. In 1981 he moved his operation to Gainesville, Ga., an hour north of Atlanta, and he's been there ever since. His accurate forecasts of a stock-market boom in the 1980s and a crash in the autumn of 1987 made him, for a time, one of the most influential Wall Street gurus. After the market started its 1990s bull run, though, Prechter seemed to lose his touch. In 1995 his book At the Crest...

Author: /time Magazine | Title: Riding the Waves of Irrational Behavior | 11/30/2009 | See Source »

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