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...haul movie stars wherever it was they needed to be hauled to. They certainly were not for journalists; I've been on a company jet exactly once in the last 10 years. The shareholders paid Time-Warner CEO Jeff Bewkes $19.6 million last year. Based on a 40-hour week (and he'd better be working more than that), his hourly cost is about $9,400 - I'm guessing that's beyond the hourly run rate of a G-5. Bewkes has actually been known to fly commercial to Los Angeles. If he takes United Flight...

Author: /time Magazine | Title: Why the Big Three Should Fly Corporate Jets | 12/3/2008 | See Source »

...September could become the template for the union's next contract with Detroit automakers. The UAW-Mitsubishi contract, which covers roughly 1,100 workers at the Japanese automaker's plant in Normal, Ill., called for workers to take a 14% pay cut, rolling back wages to $24 per hour from $28 per hour...

Author: /time Magazine | Title: Auto Sales Plummet, Worsening Crisis | 12/3/2008 | See Source »

...Vice President Jimmy Settles, who negotiated a $4 per hour wage cut in return for new investment at a Mitsubishi plant in Normal, Ill. said he wasn't sure the modifications to the Big Three contract should include major wage cuts. "Mitsubishi represents less than 1% of the U.S. market," he said. Gettelfinger, however, made it plain that the situation was dire. "Even if all of our members were willing to work for nothing, it wouldn't help the automakers out of the situation they are in," Gettelfinger told reporters after a union meeting in Detroit, also noting that...

Author: /time Magazine | Title: UAW agrees to Concessions With Automakers | 12/3/2008 | See Source »

...athletes, road trips are about the game, but when you’re a reporter roving across New England and upstate New York at all hours of the day and night, it’s no longer just about the game—its about the sense for adventure. Over a lifetime of following Harvard hockey and a season-and-a-half writing about it, one experience was still missing before I could feel like I truly understood what it was like to cover Harvard hockey. I had never ventured out into the wilderness of upstate New York to witness...

Author: By Robert T. Hamlin, CRIMSON STAFF WRITER | Title: HAMMIN' IT UP: On the Sports Road Again | 12/2/2008 | See Source »

...central administration will work closely with leaders at the schools to tailor solutions to their individual circumstances, Forst said, adding that Faust convened a two-hour meeting yesterday morning to discuss the latest financial update with the deans...

Author: By Clifford M. Marks and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Harvard Endowment Fell 22 Percent in Four Months | 12/2/2008 | See Source »

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