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...there's risk involved for Kraft too. Any time spent mulling a better offer could see a further slide in Kraft's shares and an upturn in performance at Cadbury. After all, the U.K. firm, expected to publish a trading update on Dec. 15, outperformed all other major global food businesses in the third quarter. A rally in sterling, meanwhile, could further add to the cost of boosting Kraft's bid. What's more, "we persist in our belief that neither Nestlé nor Hershey will willingly stand by and be marginalized into distant No. 3 and No. 4 positions...

Author: /time Magazine | Title: Despite Two Rebuffs, Kraft Is Still Sweet on Cadbury | 11/10/2009 | See Source »

...three versions of financial reform in play. The Administration unveiled its plan in mid-June. Barney Frank, chairman of the House Financial Services Committee, will bring his recently unveiled version to markup in committee as early as this week. Frank and the Administration, represented by Treasury Secretary Timothy Geithner, spent weeks in negotiation, and Frank's bill closely tracks the Administration proposal...

Author: /time Magazine | Title: Financial Regulation: Way Easier Than Health Care | 11/9/2009 | See Source »

...Democrats on Capitol Hill spent some of the aftermath congratulating themselves on their historic achievement, but they knew as well as anyone that it was far too early to really celebrate. Obama's speech, after all, was strikingly partisan, lambasting the GOP for doing nothing more than "saying no, stopping progress, gumming up the works." That change in tone from his fruitless attempts at outreach 10 months before in the run-up to the stimulus vote made it clear that Democrats are now resigned to going it alone both in the House and the Senate. Majority leader Harry Reid...

Author: /time Magazine | Title: After the House, Can Health Reform Survive the Senate? | 11/9/2009 | See Source »

...nonpartisan Cook Political Report, which tracks congressional races. "But I don't think it will give Democrats a lift next year." Perhaps. But most Democrats aren't eager to see what kind of lift the Republicans will get if the Democrat majority can't pass the legislation they've spent the past 12 months talking about...

Author: /time Magazine | Title: After the House, Can Health Reform Survive the Senate? | 11/9/2009 | See Source »

...legal mafia" - who are suspected of trying to frame several anticorruption officers, whose commission is referred to as the KPK, on corruption charges. "We have come to show our support for the KPK and the people in their fight against corruption," says Yassin Abdullah, a student whose friends spent six days on a boat to attend the rally in the capital. "Like dust, corruption here covers everything, and even though you can't fully get rid of it you have to start sweeping it away...

Author: /time Magazine | Title: Protesters Rally for Indonesia's Anti-Graft Unit | 11/9/2009 | See Source »

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