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...mail as "modest in comparison to the overall size of our University-wide staff, but nonetheless painful"—caps weeks of swirling speculation that Harvard would seek to conduct layoffs shortly after Commencement activities. The downsizing is one of the most prominent budget-cutting measures to date following a semester of fiscal anxiety that has seen the trimming of student services, the curtailing of capital projects, and the implementation of a sweeping early retirement incentive program for staff...
...Even the royal collections have come to see the necessity of modern methods. Udaipur's City Palace recently archived more than 18,000 photographs in its collection that date back to the 1850s, and in April opened them to tourists for the first time. Kumar believes that the current maharaja is all too aware that the palace's financial viability depends on making it a world-class attraction, and a museum is part of the package. The proliferation of new galleries, and the increasing profile of the art market, is forcing Indians to think about how they value...
...Some of the things Brown does well are those that helped build New Labour's reputation. Old Labour was the party of tax and spend. New Labour, for the first two years after its 1997 victory, adhered to stringent spending plans set by its Conservative predecessors. Even after that date, as Labour's Chancellor of the Exchequer, or Finance Minister - the office that best suited Brown - he held to his "golden rule," borrowing only to invest, and resisted raising the tax rate paid by top earners to fund Labour's social-justice and equality initiatives...
Follow the Money If the question hinges on whether Warren can say exactly how TARP money has been spent so far, then the answer is probably no - but then that may be an unrealistic goal. The eight monthly reports released by the oversight panel to date spend almost more time talking about what isn't known than about what is. They repeatedly assert that the Treasury Department and the Federal Reserve should be more forthcoming...
...Perhaps most important, Fiat gives Chrysler access to up-to-date small engines, says Jim Hall of 2953 Analytics in Birmingham, Mich., which keeps tabs on technical developments in the automotive business. The technology package from Fiat might include an experimental two-cylinder engine of less than 1-liter displacement, which has more than enough horsepower to drive a small car, says Hall. The engine is about half the size of the smallest engines now sold...