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...parts of the GM restructuring the the company can claim are firm are the closing of some brands including Saturn and Hummer, the shutdown of several factories, and the firing of 47,000 people. (See pictures of autoworkers...

Author: /time Magazine | Title: GM Bailout: Billions to Put People Out of Work | 2/18/2009 | See Source »

...mound and colorful details. I don’t remember the first time I ate a cupcake as a child (but I can remember how I always ate them—cake bottom first to save the three-inch frosting top for last). And I can’t claim a favorite flavor. But, as a second-semester senior, I proudly declare that my life revolves around cupcakes.My obsession with cupcakes has been growing over time, slowly creeping up on me almost unconsciously. I have always been a muffin snob, eating only the banana chocolate chip muffins from the bakery...

Author: By Madeline W. Lissner, CRIMSON STAFF WRITER | Title: Cupcake Queen | 2/18/2009 | See Source »

Harvard Law School Professor Alan M. Dershowitz has called for a “counter-disinvestment campaign” against Hampshire College unless the school explicitly denies claims that their recent decision to withdraw from a mutual fund represents an act of divestment from Israel. Hampshire administrators decided earlier this month to withdraw investments from a State Street mutual fund with holdings in six companies contracting with the Israeli military, after a college student group, Students for Justice in Palestine, petitioned the school to divest because of the companies’ ties to what students called “Israel?...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Dershowitz Defends Investments in Israel | 2/18/2009 | See Source »

...Burris, who told reporters that he "conducted myself with honor and integrity," stated that he never did do any favors for the Governor and that the impeachment panel simply didn't give him the chance to answer the questions fully - a claim that is getting roundly dismissed this week by state Republicans and Democrats alike. It's also one that even Burris has now contradicted. While saying "I have absolutely nothing to hide - I have done nothing wrong," Burris acknowledged this week that he in fact did attempt, albeit unsuccessfully, to raise cash for the embattled governor even...

Author: /time Magazine | Title: Will Burris Be the Next to Fall in the Blago Scandal? | 2/18/2009 | See Source »

...industry - major bondholders and the United Auto Workers (UAW) - have thus far shown little interest in renegotiating their agreements. Union locals in Michigan and New York have rejected proposals for contract concessions, and UAW chief Ron Gettelfinger has sensed the mood of his membership. He's not buying the claim that union costs are sinking the industry. Other labor leaders are watching Obama's reaction to the UAW to see whether the new President will stick up for his union friends. Meanwhile, business continues to tumble. Forecasters predict 2009 sales of 10 million to 11 million units, down by about...

Author: /time Magazine | Title: Saying No to a Car Czar: A Smart First Step on Detroit | 2/17/2009 | See Source »

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