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Schumacher will join fellow German Nico Rosberg on a Mercedes team that won both the drivers' and constructors' titles this year (in its former guise as Brawn). Rosberg could barely contain his delight at the news, saying, "It is fantastic Michael is returning to Formula One ... It's a great...

Author: /time Magazine | Title: Michael Schumacher: F1 Star to Return | 12/23/2009 | See Source »

The American boxer professed disappointment in a statement. "I understand Pacquiao not liking having his blood taken, because frankly I don't know anyone who really does," said Mayweather. "But in a fight of this magnitude, I think it is our responsibility to subject ourselves to sportsmanship at the highest...

Author: /time Magazine | Title: Will Bad Blood Scuttle the Pacquiao-Mayweather Fight? | 12/23/2009 | See Source »

It helped that Panera's paninis were already hot products. "To consumers, Panera isn't just a refueling stop," says Derrington. "It's a treat, and you don't have to pay a ton of money for that experience." For about $6, you can get half a sandwich, soup or...

Author: /time Magazine | Title: How Panera Bread Defies the Recession | 12/23/2009 | See Source »

During the Obamas' visit to the Children's National Medical Center this week, one young patient asked Sasha Obama whether anything would change for their first celebration of Christmas as the First Family. "I don't think anything will be very different," Sasha said. She may be right. The Obamas...

Author: /time Magazine | Title: No Churchgoing Christmas for the First Family | 12/23/2009 | See Source »

That's a frightening prospect for a country on the brink of collapse. Yemen's economy is in tatters; its population complains of neglect and development woes; and Yemeni children suffer from a 50% malnutrition rate. Observers warn that poverty and unemployment are prime recruitment factors for al-Qaeda, something...

Author: /time Magazine | Title: Despite U.S. Aid, Yemen Faces Growing al-Qaeda Threat | 12/22/2009 | See Source »

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