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...eliminates one of the major uncertainties they have faced over the years - the soaring cost of health care. GM's combined pension and retiree-health-care costs run $7 billion annually and have cost GM more than $103 billion over the past 15 years, according to GM chairman and CEO Richard Wagoner. Ford's health-care expenses for both active and retired employees now run $2.2 billion, a figure that will drop significantly thanks to the solution provided by the trusts. Once the retiree-health-care liabilities are removed from company balance sheets, the gap in labor costs between Detroit...

Author: /time Magazine | Title: Should Taxpayers Bail Out GM's Retirees? | 11/27/2008 | See Source »

...convictions SmartWater says it has secured so far - a fairly modest number for a company that has been around since 1995. But that's not counting those who simply come clean when the UV light finds them out, says former police detective Phil Cleary, SmartWater's co-founder and ceo. In any case, he says: "We are not a thief-catching company or a property-recovery company; we're selling a deterrent...

Author: /time Magazine | Title: SmartWater: Message in a Bottle | 11/27/2008 | See Source »

...most glaring example of the backward logic of schools is the way most teachers receive lifetime job security after one or two years of work. As Larry Rosenstock, CEO of eight California charter schools, noted at an education panel last spring, we don't give that kind of job security to pilots or doctors--or any others who hold our children's fate in their hands: "What is it that is so exceptional about teachers that they should have this unique right...

Author: /time Magazine | Title: Rhee Tackles Classroom Challenge | 11/26/2008 | See Source »

...leadership crisis,” the Harvard Kennedy School’s Center for Public Leadership has selected 24 individuals for its fourth annual profile of “America’s Best Leaders.” The leaders include prominent philanthropists, doctors, professors and CEOs. The list was published in this week’s issue of “U.S. News and World Report.” The selected honorees were chosen in a two-step process. First, a research group comprised of students and faculty from Harvard and the University of Oklahoma proposed names and narrowed...

Author: By Evan T. R. Rosenman, CONTRIBUTING WRITER | Title: Harvard Alums Named Among Best Leaders | 11/26/2008 | See Source »

...work together. According to Flynn, the IOP scours the country for nominees for the elected official award and the Kennedy Library does the same for potential community activist honorees. The recipients are selected by the New Frontier Awards committee, which includes IOP Director Bill P. Purcell, Kennedy Library CEO John Shattuck, and former Kennedy Library Director and advisor to President Kennedy Dan H. Fenn, Jr. ’44. —Staff writer Lauren D. Kiel can be reached at lkiel@fas.harvard.edu...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Booker Receives HKS Award | 11/25/2008 | See Source »

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