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...concern will come if the undertow moves to other parts of the economy which have been expected to hold up fairly well. Technology sector firms including Hewlett-Packard (HPQ), IBM (IBM), and Microsoft (MSFT) have cut large numbers of people, although they are still extremely profitable. Another set of broad layoffs among these companies would be extremely bad news. The reaction to increasing unemployment will worsen if job losses spread to the large energy companies and media conglomerates...

Author: /time Magazine | Title: A Double Dip Layoff Economy | 2/9/2009 | See Source »

...Obama first announced in Nov. 2008, will be headed by former Federal Reserve Chairman Paul A. Volcker. Volcker’s supporting cast is a collection of premier economists from academia and Washington, as well as wealthy Wall Street representatives. “We’re tapping a broad and diverse range of opinion from across the country, because an historic crisis demands an historic response,” Obama said according to a posted transcript of the Friday press conference. Feldstein will maintain his Harvard teaching duties while advising the president. He is one of several board members...

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERSS | Title: Feldstein Joins Recovery | 2/9/2009 | See Source »

...Holyoke Center, and we’re not going to get kicked out of Harvard.” In the long-term, the union members and SLAM said they want to draft stronger anti-discrimination language. Aguilera said she wants to use the dining hall incident to prompt a broad anti-discrimination policy that would extend to all workers at Harvard, including those who aren’t in a union. She and others at the meeting plan to draft an initial version of the new language this week and discuss it at a meeting next Thursday night...

Author: By Danielle J. Kolin, CRIMSON STAFF WRITER | Title: BGLTSA, Union Join to Support Staff | 2/6/2009 | See Source »

...villa on Friday, in the shade of the Margalla Hills north of Islamabad, Khan was contemptuous of the anxiety his release is certain to trigger in the West. It is only public approval in Pakistan that he desires, Khan said, no doubt aware that he is still admired by broad sections of conservative and hard-line religious opinion for allowing Pakistan to match rival India's membership in the nuclear club...

Author: /time Magazine | Title: Freedom for Pakistan's Nuclear Proliferator | 2/6/2009 | See Source »

Through personal swipes and broad generalities, Royal paints a picture of a dysfunctional and self-defeating Socialist Party constantly torn apart by individual ambition. But critics say Royal is part and parcel of the very thing she criticizes. Moreover, in blaming fellow Socialists, the media and Sarkozy's allies for conspiring to deny her, Royal frequently comes off sounding alternately self-aggrandizing and paranoid. "This book is bizarre, because it shows Royal shedding the profile and language of traditional politicians without her assuming any other persona beyond someone demanding attention from the public and media," says Dominique Reynié, director...

Author: /time Magazine | Title: Ségolène Royal's Book-Length Whine | 2/5/2009 | See Source »

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