In a country synonymous with larger-than-life mining tycoons and Outback heroes, the geeks are quietly inheriting the earth. Hostess is betting on a sweet comeback for Twinkies when they return to ... more 
In a country synonymous with larger-than-life mining tycoons and Outback heroes, the geeks are quietly inheriting the earth. Hostess is betting on a sweet comeback for Twinkies when they return to shelves next month. The company that went bankrupt after an acrimonious fight with its unionized workers last year is back up and running under new owners and a leaner structure. The Bank for International Settlements, a group representing central banks including the Federal Reserve and the European Central Bank, warned political leaders that they should not expect central banks? cheap-money policy to hold the global economy together forever. The organization, based in Basel, Switzerland, said in its annual report that politicians should finally do their share of ?the hard but essential work of adjustment.? less 
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Wochit
Sun, Jun 23, 2013 6:22 PM EDT