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...economic crisis, last month Harley said it would cut production of new bikes this year between 10% and 13%. But analysts like Ed Aaron, of RBC Capital Markets in Denver, say that's hardly enough and that the company's sales projections are overly optimistic. In an interview last week, Bergmann, Harley-Davidson's CFO, said that given the company's plans to shed more than 10% of its workforce and close some factories, "I actually think we're going at it the right way. I think Wall Street will eventually appreciate how we're managing to be proactive throughout...

Author: /time Magazine | Title: Harley-Davidson Tries to Rejuvenate Its Business | 2/18/2009 | See Source »

...promote insuring and overseeing “systematically significant” financial institutions. Moss suggests that New Deal regulations were effective, but that their success created complacency. “Many took for granted the remarkable stability that had been achieved,” he said in an interview. “From there, it was easy to accept the philosophy that we didn’t need regulation. But the truth is that regulation was needed, and we should have thought hard about how to update our regulatory system as the financial markets evolved.” To address...

Author: By William N. White, CRIMSON STAFF WRITER | Title: Congress Draws on Prof’s Paper | 2/17/2009 | See Source »

...Wall Street Journal and a later interview with The Atlantic Magazine, economics professor Robert J. Barro attacked the package’s underlying principle that government spending is especially effective in boosting gross domestic product—arguing that tax cuts incentivize people to save, rather than consume or work, and that funneling money into building infrastructure may lead to the construction of “bridges to nowhere...

Author: By Linda M. Lian, CONTRIBUTING WRITER | Title: Economics Profs. Split on Stimulus | 2/17/2009 | See Source »

...gave all Houses the expected $1250 for their formals in the fall semester and anticipates giving $1250 again to each House this semester. Distribution of the fund is handled by the UC’s Finance Committee. Organizations apply for funding through the Common Grant Application and then interview with the Finance Committee, which makes a recommendation to the entire UC. —Staff writer Brittany M. Llewellyn can be reached at bllewell@fas.harvard.edu...

Author: By Brittany M Llewellyn, CRIMSON STAFF WRITER | Title: UC To Loosen Rules For Student Life Funding | 2/17/2009 | See Source »

...State Department but, before the vote, the State said simply that the referendum was an internal matter for the Venezuelans to decide upon. Despite declaring during his campaign last year that he'd be willing to meet with Chávez, U.S. President Barack Obama in a recent interview was critical of the Venezuelan and his stridently anti-U.S. stance. Washington will now watch to see if Chávez, who controls the western hemisphere's largest oil reserves, can retain his boisterous influence in the Americas - and survive politically at home - if oil prices don't rebound...

Author: /time Magazine | Title: What Chávez Win Means for Latin American Democracy | 2/16/2009 | See Source »

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