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...slowing economy and a dearth of financing for would-be car buyers. Total U.S. car and light-truck sales this year could come in at 13.5 million, 2.6 million fewer than last year. "That's in nobody's business plan," says Kimberly Rodriguez, an automotive specialist with Grant Thornton. "The best planning in the world cannot survive that fluctuation." It's now clear that GM can't survive as an ongoing entity without massive federal assistance. The company is burning through more than $2 billion each month. It has $16 billion left. As if they were aboard a dirigible losing...

Author: /time Magazine | Title: Is General Motors Worth Saving? | 11/13/2008 | See Source »

Cambridge’s Department of Human Services Programs is among the areas hit hardest by the recent statewide budget cuts announced early last month. Several DHS programs that are funded through state, city, and private grants will see significant cuts to the services they provide for the community, ranging from childcare to adult education, according to DHC officials. The Center for Families, a support program that runs educational activities and provides resources for families with young children, suffered the largest direct cut: the Massachusetts Family Network grant, which makes up most of the agency’s current funding...

Author: By Shan Wang, CRIMSON STAFF WRITER | Title: Human Services Face Budget Cuts | 11/11/2008 | See Source »

...after he was elected as examples of how electronic media has been prominent in the Obama campaign. But now that the election has been decided, the focus is shifting from the campaign to the administration. “The Barack Obama who spoke at [Chicago’s] Grant Park on the night of the election was a different Barack Obama,” said Tom Vilsack, a former governor of Iowa who is rumored to be in the running for agriculture secretary. “It was an individual who realized that the weight of the world rested...

Author: By Anita B. Hofschneider, CONTRIBUTING WRITER | Title: IOP Fellows Discuss Youth Vote | 11/11/2008 | See Source »

...murder of Michelle Moore-Bosko, the wife of a U.S. Navy man, in Norfolk, Va. After their conviction, however, they said their confessions were coerced and false. Now 26 former FBI agents have released the text of a letter they wrote in July asking Virginia governor Tim Kaine to grant a full pardon to the so-called Norfolk Four, calling the convictions a "tragic mistake...

Author: /time Magazine | Title: The Disturbing Case of the Norfolk Four | 11/11/2008 | See Source »

...funding is being provided through a grant from the National Science Foundation obtained by Weiblen and a donation of $250,000 from Swire and Sons Ltd., according to a press release...

Author: By Eric P. Newcomer, CONTRIBUTING WRITER | Title: Research Preserves New Guinea Forest | 11/7/2008 | See Source »

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