Word: worthing
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...latest turn in Kraft's effort to forge the world's biggest confectionary business, the low-ball offer - worth $12 per Cadbury share, or 4% less than its earlier proposal thanks to an interim fall in Kraft's shares - was never likely to be welcomed. As a multiple of Cadbury's profit before deductions for tax and other charges, the deal is worth roughly a third less than the average for takeovers in the global food business since 2000, according to investment-research firm Sanford C. Bernstein. Granted, the world is in an economic slump and there's no rival...
...collective moral outlook appears purposefully structured, above all, to not offend and to avoid dogmatic statements that seem improvable. Even disapprobation toward a selfish man seems out of place. His hoarding might not be laudable, but each of us is hesitant to claim definite knowledge of his moral worth. In a widespread effort such as national medical reform, compassion requires conscience in order to work. On a solely pragmatic level, without appeal to a sense of duty, the mind of the dissident will remain unchanged...
Sources: MSNBC; Reuters (2); AP; Fort Worth Star-Telegram; New York Times...
...emerge (we hope) from a deep economic downturn brought on by a banking and financial crisis, that's not enough of an answer. We need to know whether the financial sector's profits, and its paychecks, can leave the rest of us worse off. In other words, are bankers worth...
Though it's been almost three decades since the last Gorky retrospective, the big new show at the Philadelphia Museum of Art was worth the wait. Organized by Michael R. Taylor, the museum's curator of modern art, it has final galleries so triumphant, you want to throw your hat in the air, even though you know - and how could you forget? - that this is a story that will end where it began, in darkness. (Watch TIME's video about Arshile Gorky...