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...American operations two years ago, hailed the agreement. "There's no question this was one of the most complex and difficult bargaining sessions in the history of the GM/UAW relationship," said Wagoner. Wagoner and Gettelfinger offered few other details of the settlement. However, GM is expected to transfer enough cash and other assets into the new trust to cover about 70% of the company's current health care liabilities of nearly $50 billion, sources said...

Author: /time Magazine | Title: GM Ends Strike, Tries Health Plan | 9/26/2007 | See Source »

...figures in the sport.His innovations included working with NIKE to pay both high school and college coaches to deck their players out with the Swoosh, convincing Phil Knight’s then-upstart sneaker company to “just do it” by throwing unheard amounts of cash at a kid from UNC named Michael Jordan after the 1984 draft, and founding the ABCD Camp in New Jersey and the Big Time Tournament in Las Vegas, both Meccas on any high school star’s pilgrimage to the NBA when Vaccaro was still running them.To players, Vaccaro...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: AMOR PERFECT UNION: Sonny Vaccaro and the Ivy Way | 9/25/2007 | See Source »

...this type of device to an airport at this time.” “We’re currently under aviation threat level Orange. The threat is there against aviation,” the Tech quoted him saying. At her arraignment Friday, Margolis asked for $5,000 cash bail. He said that she refused to explain her sweatshirt to the MassPort employee in Terminal C, and showed “a total disregard to understand the context of the situation she’s in, which is an airport post-9/11.” Simpson?...

Author: By Noah S. Bloom, CRIMSON STAFF WRITER | Title: Cops Ask Techie, Hoodie or Bomb? | 9/24/2007 | See Source »

...magic of fractions. Under the old formula, every state was guaranteed at least .75% of the state-grant program - a very high minimum compared to other federal programs, which made sure that even less populous states with a relatively small risk of terrorism received a sizable chunk of cash. Since 9/11, billions of dollars in homeland-security grants have gone out under this bizarre and nonsensical formula, which TIME investigated in-depth in 2004. In the new law, however, Congress cut the minimum to .375%, and set the percentage to decline a little bit more each additional year...

Author: /time Magazine | Title: The "New" Homeland Security Math | 9/24/2007 | See Source »

...those states will take home nearly as much - about .375% of the total. That number will decrease slightly each year, bottoming out at .35% in 2012. Yet that means Wyoming, with only .17% of the nation's population, will still qualify for at least twice that share of the cash. In fact, if Congress appropriates the funds that have been authorized, states like Alaska and Wyoming could actually stand to receive more money in absolute terms than they...

Author: /time Magazine | Title: The "New" Homeland Security Math | 9/24/2007 | See Source »

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