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This latest announcement by Prime Minister Stephen Harper brings the total cost for Canada of restructuring GM to $9.5 billion, including $450 million in emergency funding already used by the car company, compared to $49.8 billion promised by the Obama Administration. In exchange Ottawa and the province of Ontario, where GM Canada has all its operations, receive a 12% stake in Detroit-based GM, representation on the new board and the promise to keep 16% of the struggling automaker's production in Canada as it restructures in coming months...

Author: /time Magazine | Title: Saving GM Canada at Any Price? | 6/1/2009 | See Source »

With demand far outstripping supply for therapists trained to treat sleep problems, online programs are "a very innovative and cost-effective way of looking at insomnia therapy," says Morin. There may be no single cure-all for sleeplessness, but such promising alternatives should help more night owls wake in the morning feeling refreshed...

Author: /time Magazine | Title: Study: Web Therapy Can Help Ease Insomnia | 6/1/2009 | See Source »

...didn't win, it didn't release a film.) Pixar movies are not, however, the mammoth generators of box-office revenue that they used to be. The 2003 Finding Nemo earned $867 million worldwide - still tops for a Pixar feature - on a reported $94 million budget. WALL-E, which cost about twice as much to make, took in about 40% less. In worldwide ticket sales, the 1995 Toy Story, the studio's first feature, made more than 10 times its budget; WALL-E, about three times...

Author: /time Magazine | Title: Up Flies High at Box Office, as Pixar Delivers Again | 5/31/2009 | See Source »

...Future cost projections are even more chilling, since money to meet those projections is dwindling fast. In 2007, GM and the union estimated that it would require an investment of $57 billion to provide future health care for GM's blue collar retirees, even after trimming some benefits. GM's VEBA is more than a little shy of that number. It had $14.4 billion in the middle of 2008, and now has only $9.4 billion in assets, which is beyond the reach of creditors but would barely last three years in the face of escalating health-care costs. Gettelfinger describes...

Author: /time Magazine | Title: Why Detroit Retirees Have Health-Care Anxiety | 5/31/2009 | See Source »

...senior season like this. But I think that we worked harder than the previous oh-so-talented teams.” The Crimson continued its ride of a season into the CSA tournament with a 5-4 win against Cornell. But two losses against Trinity and Rochester cost the team any form of a top-three medal. “Next year is going to be interesting,” Hrdy said. “I think the team has great leadership. Outside of that, I think kids are going to need to step up, especially with [team captain] Verdi...

Author: By Alex Sopko, CRIMSON STAFF WRITER | Title: SEASON RECAP: Harvard Can’t Find Consistency in Rocky Campaign | 5/30/2009 | See Source »

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