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...Workers have helped GM trim costs by $5,000 per vehicle with changes in health care benefits and work rules. The work rules have been whittled down, giving GM's managers more flexibility and control than they've had in two generations. GM could become profitable very quickly if demand for new vehicles recovers, he says. Indeed GM has said in filings with the Federal Government that it expects to be marginally profitable if industry sales reach 11 million units...

Author: /time Magazine | Title: GM's New Leaders: Ambitious for Change | 12/11/2009 | See Source »

...goal of this sort of approach is to accelerate the way an economy naturally comes out of recession. Since there has been less demand for goods and services, firms hesitate to add workers. Instead, companies squeeze more productivity out of their current ones. This is a trend we've been seeing. Paying companies to hire would ostensibly push them into the next phase of recovery: adding more employees...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

Coming out of a recession is a tricky thing. Companies feel like it might be time to start ramping production back up, but demand hasn't fully returned, so they hesitate to hire. The conundrum: demand in the U.S. is overwhelmingly consumer-driven and people need to have jobs to feel like it's once again safe to spend money. It's a classic chicken-or-egg problem. Direct hiring by the government could, theoretically, sidestep the impasse. The question then becomes whether such a program creates more economic benefit than it does economic inefficiency by having the government dictate...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

...H1N1 Vaccine With the world already grappling with a pandemic of 2009 H1N1 influenza, no treatment was more hotly anticipated or more in demand in the U.S. (and the rest of the northern hemisphere) than the new H1N1 vaccine when flu season officially kicked off in the fall. Despite the fact that the vaccine had proved effective in trials with one dose - rather than two, as researchers had originally expected - the vaccine supply from U.S. manufacturers still couldn't keep pace with demand in the first weeks of October, when the first million or so shots rolled off production lines...

Author: /time Magazine | Title: TIME's Top 10 Medical Breakthroughs of 2009 | 12/8/2009 | See Source »

...Experience is arbitrary," wrote Editor Adam Clark Estes. "But we will demand that you understand teh internet, possess a cutting sense of humor, and write with a proto-David Foster Wallace voice. Seriously, otherwise, just email us if you're up for cranking out content. IvyGate pays in beer and glory. And trust me, it flows freely...

Author: By Julie R. Barzilay, CRIMSON STAFF WRITER | Title: IvyGate Returns! | 12/8/2009 | See Source »

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