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...explosion in health care costs has put our federal budget on a disastrous path. This is largely due to what we're spending on Medicare and Medicaid." Not coincidentally, a new report was released on Tuesday forecasting a dire outlook for Medicare. The report forecast that, based on current trends, Medicare would run out of funds by 2017. Just one year ago, a similar report said Medicare's hospital insurance trust fund would not run short of funds until 2019. (Read "Making Health-Care Reform Pay for Itself...

Author: /time Magazine | Title: Obama Meets Business Leaders On Cutting Healthcare Costs | 5/13/2009 | See Source »

...Competition Commissioner Neelie Kroes said Intel's predatory pricing practices were specifically designed to muscle out AMD, whose current market share is a relatively meager 12%. "Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years," she said. "Such a serious and sustained violation of the E.U.'s antitrust rules cannot be tolerated." (See pictures of Obama's trip to Europe...

Author: /time Magazine | Title: The Chips Are Down: Intel's $1.45 Billion Fine | 5/13/2009 | See Source »

...Intel's fine is the largest ever by the Commission, dwarfing the previous record of $675 million (at current exchange rate) on Microsoft in 2004. However, the Microsoft fines grew to $1.16 billion last year because the software giant failed to comply with the original 2004 ruling. (See pictures of the dangers of printing money in Germany...

Author: /time Magazine | Title: The Chips Are Down: Intel's $1.45 Billion Fine | 5/13/2009 | See Source »

...Chief among students’ concerns—especially at the Cabot venue—were cutbacks to the current Quad shuttle schedule...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Undergrads Criticize Cuts to Student Life | 5/12/2009 | See Source »

...response to one question about the changes in teaching fellow and teaching assistant hiring, Dean of Undergraduate Education Jay M. Harris said that the College plans to make a current 18 person per section target rate more of an “average” than a “maximum...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Undergrads Criticize Cuts to Student Life | 5/12/2009 | See Source »

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