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...prune the company's offerings in the coming months. It will also try to monetize some previously ad-free products like Google Finance and News. Such efforts may help it weather the economic storm without resorting to layoffs, even if it doesn't bring its stock price any closer to the November 2007 high of $732 per share. (It closed on Wednesday at $279.) And it's still got some $14 billion in cash reserves. So for now, at least, the free lunches are still...

Author: /time Magazine | Title: Even Google Gets Frugal in the Recession | 12/4/2008 | See Source »

...transplants, there are around 17 million units of manufacturing capacity in the U.S. In 2007 vehicle sales hit 16 million, but about 2 million of those were driven by the combination of easy credit and discount pricing. In a normal economy, the true size of the business may be closer to 15 million units. The Detroit Three simply have to generate more revenue per car and, not incidentally, a profit. Right now, the revenue gap per car is $4,000 vs. Toyota...

Author: /time Magazine | Title: Is This Detroit's Last Winter? | 12/4/2008 | See Source »

...closer look at the numbers reveals some systemic problems that aren't related to the current credit crunch and that GM will have a hard time overcoming. (Read "GM: Death of an American Dream...

Author: /time Magazine | Title: Even with a Bailout, GM's Profit Prospects Look Bleak | 12/3/2008 | See Source »

...experiences could be affected without them—or the hundreds of more invisible Harvard workers. Directly or indirectly, the budget crunch will harm student life, but it shouldn’t ruin a staffer’s in the process.Unfortunately, FAS cannot rule out layoffs to inch closer to the $200 million mark. The question for students is how to weigh them against our concerns—and the only answer is equally. The administration will probably need to delay progress in Allston; housing renovations may not happen as quickly as we would like. We should be prepared...

Author: By The Crimson Staff | Title: Ask Not | 12/3/2008 | See Source »

This Thanksgiving break Bilotti had a problem: his family’s continued hatred. Although Chiappini’s family also hates Bilotti, they are closer to Harvard and don’t know about his pending arraignment for smuggling penguins (or was it people?) and thus Bilotti was welcomed into their house for the long weekend. So Prestige and Mobility chartered a train on Boston’s historic “Red Line” to Quincy Adams where a private car awaited to bring us to Chiappini manor. [1]After settling into our deluxe accommodations, we told...

Author: By Daniel K Bilotti and Vincent M Chiappini, CONTRIBUTING WRITERS | Title: Turkeys & Trifectas | 12/3/2008 | See Source »

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