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Also, the company indicated in its IPO filing that the Pritzker family plans to retain control of the company through the issuance of two classes of shares, where family members will hold special Class B shares that entitle them to have 10 times the number of votes than those allowed by common shares. Indeed, the filing warns investors that "the concentrated control will limit your ability to influence corporate matters, and the interests of the Pritzker family business interests may not coincide with our interests or your interests...

Author: /time Magazine | Title: Hyatt's IPO: Bad Timing or Family Necessity? | 9/9/2009 | See Source »

...legislature that could send offenders to prison for 15 years. But while such a law may help ensure that perpetrators get the penalty they deserve, it may save few lives. Texters who get lucky and avoid an accident will be hard to detect, since phones are small and many hold theirs in their...

Author: By Adam R. Gold | Title: Bring Texting to a Standstill | 9/8/2009 | See Source »

...kills throughout the match.“You see that the glue really is [senior Lily Durwood], [co-captain Chelsea Ono Horn] and [senior Katherine Kocurek], even though she’s in and out,” Weiss said. “They really hold together the team. And so then Anne Carroll Ingersoll is seeing the block well, she’s working hard. And I’m excited for what’s ahead.”The two teams continued to trade haymakers throughout the first frame, keeping the score tight through the early stages...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: Crimson Falls in Five-Set Match | 9/8/2009 | See Source »

...Long ago, thinkers highly valued verbal persuasion and deemed it a central facet of education. The field of rhetoric changed and developed during Roman rule and onward, until Harvard itself established the Boylston Professorship of Rhetoric and Oratory in 1806. It was Francis J. Child, the second professor to hold the position, who shifted the job once and for all toward literature and away from public speaking. Now, Harvard’s commitment to rhetoric is almost nothing more than a memory...

Author: By Molly M. Strauss | Title: Speak Your Mind | 9/7/2009 | See Source »

...state. For example, several fire departments in northern California went south to help out with the Angeles National Forest blaze. As the fire season continues, however, budget cutbacks may force some local fire departments to stop participating in mutual aid. "Local agencies may have no choice but to hold back. A fire department's first responsibility is to protect the home front," says Carroll Wills, spokesman for the state firefighters union...

Author: /time Magazine | Title: Can Budget-Strapped California Afford More Wildfires? | 9/7/2009 | See Source »

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