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This isn't all that out of the ordinary for a recession. Typically, companies ring up tax credits in down years and use the credits to plump up the bottom line when business picks up. But what is turning the run-of-the-mill tax credit into a bonanza this recovery is the huge amount that corporate America has lost in the past two years. Also, stimulus spending has turned around the economy and corporate profits faster than normal for a particularly deep recession. The speedy turnaround in corporate profits, which are expected to soar 60% in the fourth quarter...

Author: /time Magazine | Title: Recession Dividend: A Boom in Corporate Tax Credits | 11/5/2009 | See Source »

...Canadian-Austrian car-parts maker Magna and its Russian partner, Sberbank, to buy Opel and Vauxhall from the beginning, seeing it as the best way to save German jobs and offering both sides billions of dollars in loan guarantees to grease the wheels. Before GM made its sudden U-turn on Nov. 3, Merkel had also been riding high. She was coming off an electoral victory in September and had just given a rousing speech before a joint session of Congress in Washington. The timing of the bombshell from GM had to sting. Then on Thursday came another blow...

Author: /time Magazine | Title: GM Keeps Opel, Announces Job Cuts, Angers Germans | 11/5/2009 | See Source »

...this point, Ho’s story is the perfect narrative for a feel-good movie—a journey from Taiwan to the top of the Ivy League. But here the story takes a drastic turn. Starting his junior year, continuous setbacks limited Ho’s playing time and dropped him down the team’s depth chart...

Author: By Christina C. Mcclintock, CONTRIBUTING WRITER | Title: Ho Leaves Harvard Legacy After Career-Ending Injury | 11/5/2009 | See Source »

...child's trajectory in life is during the child's earliest years when the architecture of the brain is literally under construction. ... 'School readiness skills' are more than just learning the ABC's or knowing how to count. Young children also need to learn to share, wait their turn, follow directions, and build relationships. This is when children begin to develop a conscience - differentiating right from wrong - and when they start learning to stick with a task until it is completed...

Author: /time Magazine | Title: Military Recruiting: The Kids Aren't All Right | 11/5/2009 | See Source »

...That, in turn, has Uribe supporters crowing - especially since Colombia's improved security situation and business-friendly policies are prompting a return of many middle-class expats. Spain, in fact, reports that under its new program to help expats from around the world return to their home countries, Colombians have been filing the second highest number of requests...

Author: /time Magazine | Title: Venezuela vs. Colombia: The Battle Over Emigrés | 11/5/2009 | See Source »

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