Word: lessing
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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...
Harvard gained a penalty corner less than two minutes into the second half, but sophomore Georgia McGillivray’s shot was blocked. But McGillivray would soon find redemption as another Crimson penalty corner seven seconds later saw passes from Bannon and Kimmel find McGillivray, who put the shot through to the back of the net to bring Harvard...
...Less than 1% of America's 1.4 million troops are Muslim - and that number is only the military's best guess, since just 4,000 troops have declared their faith in their service records. By all accounts, the percentage of Muslims who are outstanding, competent or misfit soldiers is proportional to that of every other ethnic group. But that logic is increasingly hard to hear in the aftermath of Major Nidal Hasan's killing spree at Fort Hood in Texas...
...That doesn't mean the process is any less messy. There are 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...
...Republicans have taken heart in last week's elections showing independent voters swinging their way - even though their strategy has involved little beyond saying no. Their 209-page health care alternative, produced less than a week before passage of the Democratic bill, was widely panned as a flimsy attempt at cost-curbing that did little to expand coverage and almost nothing in the way of new protections, such as those for consumers who have pre-existing medical conditions. The risk is at least as great for Republicans. "The small-bore, crabbed and nearly meaningless reform plan they produced...