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...1990s, nut-allergy fears led some schools to eliminate peanuts from cafeteria menus. Still, peanut butter remains an $800 million industry--which is one of the reasons Jif and Peter Pan are spending millions on new ad campaigns to remind consumers how good food that sticks to the roof of your mouth...

Author: /time Magazine | Title: A Brief History of Peanut Butter | 2/12/2009 | See Source »

...former industrial zone in east London that will become the focal point of the 2012 event has been transformed into Europe's biggest construction site. Steel for shoring up the massive new stadium's seating terraces is being installed. And work on the structure that will eventually support its roof is underway. But the progress masks concerns that the economic crisis will hit the world's biggest sporting event. As one member of the International Olympic Committee (IOC) remarked on a recent visit to London, Britain's capital faces "the toughest time - short of wartime - to get the project...

Author: /time Magazine | Title: In Hard Times, Olympic Plans Go On a Budget | 2/10/2009 | See Source »

...were twelve months ago, why is the company still a conglomerate? The only answer to that is that the board and senior management have decided to keep it that way. It has become harder and harder to defend having entertainment, medical products, and jet aircraft manufacturing under the same roof with several risky financial services units. While the company's CEO has defended that point of view, it is hard to imagine why the board has supported the strategy. The former head of JPMorgan sits on the GE board along with the former CEOs of Johnson & Johnson...

Author: /time Magazine | Title: Boards Refuse to Act Despite Poor Governance | 2/5/2009 | See Source »

...accident of geography turns these ordinary lives into one of India's most surreal dramas. The border between India and Bangladesh, drawn in haste just before India's independence in 1947, snakes through Panidhar. It runs right in front of the modest, thatched-roof home of Fazlur Rehman, 50, the village's unofficial headman. His younger brother lives next door - in another country. "His child, my child are the same," Rehman says. But in Panidhar, the children violate international law every time they run around the small patch of mango and betel-nut trees. A few hundred meters away, Indian...

Author: /time Magazine | Title: A Great Divide | 2/5/2009 | See Source »

Certainly, there's some junk in there. The Senate wants to toss as much as $50 billion into loan guarantees for nuclear plants, even though their costs have gone through the roof. And there's talk of further subsidizing home mortgages that are already tax-deductible, as if the Federal Government hasn't done enough to encourage homeownership (and in the process, it can be argued, help lay the foundation for the current crisis). But Obama has called for an earmark-free stimulus, so the legislation shouldn't have too many embarrassing waterslides, Mafia museums or cranberry subsidies. Instead, Congress...

Author: /time Magazine | Title: What Is Real Stimulus and What Isn't? | 2/3/2009 | See Source »

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