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...people are employed, incomes are rising and company profits are booming. Despite economic squalls in the neighborhood, and beyond, Costello could boast in his Budget speech that Australia was still expanding: "In fact, growing in the longest continuous stretch our nation has ever experienced." Soon Australia would be a $A1 trillion economy...
...Harvard Management Company (HMC) announced last week that it had hired two senior executives to fill positions in fixed income and compliance. The move comes as HMC chief Mohamed A. El-Erian pledges to “rebuild and reinvent” the company [See story, page A1.] The fixed income post marks an effort to “rebuild” the company’s bond division, and the new compliance position appears to be part of Erian’s bid to “reinvent” HMC. Marc Seidner, director of active core strategies...
That changes this week, when the first HD DVD player out of the block, Toshiba's $500 HD-A1, goes on sale at Amazon.com and major U.S. retail stores. The boxy black and silver device looks like a standard DVD player--and will play standard DVDs--but also contains the hardware necessary to play HD DVDs when it's connected to an HDTV set. (And only when it's connected to an HDTV; you can't watch the new discs on your old sets...
...Saleh ’07, Adam A. Solomon ’09, and Adam G. Zalisk ’07. Although the Graduates School of Arts and Sciences (GSAS) is included under FAS, no graduate students were chosen to serve on the study advisory committee. [See story, page A1.] “Graduate student concerns and undergraduate concerns are different,” said the Student Affairs Committee’s chair, Ryan A. Petersen ’08. Haddock said the committee will meet with Faculty members and incoming interim President Derek C. Bok in the next weeks...
...When Larry finally departed Innisfail about 10 a.m., it left a smear of destruction more than 60 km wide. One man was dead and dozens injured; property damage was estimated at more than $A1 billion; tens of thousands of hectares of bananas, sugar cane and other crops were flattened; more than 100,000 homes in north Queensland were left without electricity; hundreds are homeless. The federal government announced a $A100 million relief package, and former Defence Force chief General Peter Cosgrove has been put in charge of the reconstruction effort. Some 450 State Emergency Services personnel have joined 300 soldiers...