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...buildings, letting construction begin before a major donor was secured. Administrators say that Harvard had no choice but to build in order to keep its status as a leading research university, and insist that the Faculty can handle the cost.But some professors worry, and some financial planners concede, that crucial uncertainties remain in the financial plan, which aims to cover possible deficits of as much as 10 percent of the annual FAS operating budget through intensive fundraising, increased income from the endowment, and creative money management.At issue is whether the recent resignations of Summers and Kirby will cause future fundraising...

Author: By Anton S. Troianovski, CRIMSON STAFF WRITER | Title: In FAS Financial Outlook, Key Questions Remain | 5/12/2006 | See Source »

...Disney has also strained its relationship with Chinese travel agencies, which play a crucial role in funneling tourists into the park. Victor Yu Limin, a general manager at China CYTS Outbound Travel Service in Beijing, complains that Disney originally demanded several weeks' notice when the agency wanted to reserve a guaranteed number of rooms"a nearly impossible deadline, he says, as Chinese travelers often don't finalize trips more than a few days in advance. Agents also say they make so little money organizing Disneyland trips that they don't have any incentive to market the park. Disney has tried...

Author: /time Magazine | Title: Disney's Hong Kong Headache | 5/9/2006 | See Source »

...Disney has also strained its relationship with Chinese travel agencies, which play a crucial role in funneling tourists into the park. Victor Yu Limin, a general manager at China CYTS Outbound Travel Service in Beijing, complains that Disney originally demanded several weeks' notice when the agency wanted to reserve a guaranteed number of rooms"a nearly impossible deadline, he says, as Chinese travelers often don't finalize trips more than a few days in advance. Agents also say they make so little money organizing Disneyland trips that they don't have any incentive to market the park. Disney has tried...

Author: /time Magazine | Title: Disney's Hong Kong Headache | 5/8/2006 | See Source »

...Webb and Russell. Several things are in their favor. As miners-without tendencies toward claustrophobia and with a fair idea of what the rescue effort unfolding above them would have involved-there's no doubt they coped better than would a desk-bound worker in a similar crisis. Also crucial was their having each other for company. In those grim days between the accident and contact with rescuers, "these men, I suspect, would have confided in each other things they'd never previously told anyone . . . that's what the fear of death does," says Beverley Raphael, who heads a University...

Author: /time Magazine | Title: After the Resurrection | 5/8/2006 | See Source »

...growth comes at a crucial time. Independent restaurateurs once had a tendency to view one another with suspicion. "Ten years ago, I wouldn't talk to fellow restaurateurs because I thought they'd steal my recipes," says Dine Originals president Don Luria. But hard knocks have turned indie rivals into sympathetic allies. Skyrocketing food, energy and health-care costs have cut into independents' bottom line, while national chains, from Applebee's to Morton's, have been expanding at every price level at the expense of the joint on the corner. According to the NPD Group, traffic share for major...

Author: /time Magazine | Title: Change Agent: Eateries, Unite | 5/7/2006 | See Source »

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