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...Cadbury can't be that surprised by Kraft's interest. Ever since U.S. chocolate giant Mars picked up chewing-gum maker Wrigley for $23 billion in 2008 - overtaking Cadbury to become the world's biggest confectioner in the bargain - analysts have held up the British firm as a compelling target for a firm like Kraft. Cadbury boasts around a quarter of the world's fast-growing gum market, a sector Kraft has missed out on. Its muscle in the U.K., Latin America and key emerging markets like India would also complement Kraft's strengths in the U.S. and Europe...
While much has been made of Prime Minister Silvio Berlusconi's grip on Italian television - he owns three of the biggest commercial stations and in his role as Premier has influence over state broadcaster RAI - the country's printed press has its own conflicts of interest. The Fiat holding group has controlling stakes in Milan daily Corriere della Sera and Turin-based La Stampa. Daily La Repubblica is owned by Carlo De Benedetti, a business rival of Berlusconi's with interests in energy, automobiles and health care. Il Sole 24 Ore, the country's financial paper, is owned by Italy...
Well, to me it's pretty obvious. The fact of the matter is, [tennis is] now pulling from a worldwide talent pool. We're probably the second biggest sport worldwide, and there's not really a country that's not involved in tennis right now. So with the growth of the game worldwide, the talent is going to be a lot more spread out. I think you're seeing that on a smaller scale with basketball. It used to just be, How much is the American team going to win by? Now the sport has grown so much that...
...although Kaplan and his business represented the single most potent argument against the SAT--namely, that the test was not a great equalizer but rather part of a system that could be gamed by people with money--Kaplan was the exam's biggest fan. He depended on it economically--his company became enormously profitable after he sold it to the Washington Post in the 1980s--but more than that, he sincerely loved it. He thought it represented a doorway to opportunity that could be pried open through the application of a little money and willpower. That was something that hadn...
...cerebral palsy. The event pulled in the then whopping amount of $276,408 and marked the creation of United Cerebral Palsy Inc. and its annual Weekend with the Stars telethons. The Easter Seals telethon, to benefit people with disabilities and special needs, also stands as one of the biggest TV fundraisers. (During the original donation campaign donors would emboss "seals" of support on the envelopes they mailed in with their contributions...