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...surprising that Yang is stepping down as chief executive of Yahoo! His failure in June to accept an offer from Microsoft that would have paid stockholders $33 a share was the coup de schnook. So why didn't the board of directors oust him by Labor Day? Yes, there was the wrath of Carl Icahn, the proxy fight, the settlement that resulted in a reconstituted board. But that circus was all over and done with by July...

Author: /time Magazine | Title: Yang's Exit: Did Yahoo!'s Chief Get Played by Google? | 11/18/2008 | See Source »

...have a huge group of retiring baby boomers and not enough replacement workers," says Joan Carter of the Life Options Institute, an organization dedicated to helping people plan for life after age 50. The Department of Labor projects a labor shortage by the year 2010, with fields like education, health care, engineering and nursing set to suffer from a scarcity of workers. In a way, it's two negatives - boomer financial woes and a coming labor shortage - adding up to a positive, which is more boomers continuing to work and shoring up their savings. It could lead to a happy...

Author: /time Magazine | Title: Financial Woes Force Boomers to Work Longer. That's Good | 11/18/2008 | See Source »

...start of the tenure movement paralleled similar labor struggles during the late 19th century. Just as steel and auto workers fought against unsafe working conditions and unlivable wages, teachers too demanded protection from parents and administrators who would try to dictate lesson plans or exclude controversial materials like Huck Finn from reading lists. In 1887, nearly 10,000 teachers from across the country met in Chicago for the first-ever conference of the National Educator's Association, now one of the country's most powerful teachers' unions. The topic of "teacher's tenure" led the agenda. By the turn...

Author: /time Magazine | Title: Tenure | 11/17/2008 | See Source »

...Some school districts have resorted to separation agreements, buyouts that effectively pay a teacher to leave his or her job. The practice has evolved as a way to avoid the extensive hearings and appeals required by union contracts and state-labor laws in firing a tenured teacher. (Costs can run as high as $100,000). Other districts simply transfer inadequate teachers to other schools in what Calif. Gov. Arnold Schwarzenegger has called "the dance of the lemons." Former Mass. Gov. William Weld tried to pass legislation requiring teachers to take competency tests every five years, a move that triggered...

Author: /time Magazine | Title: Tenure | 11/17/2008 | See Source »

...Saturday the Coleman campaign accused Ritchie, who, like Franken, belongs to the Democratic-Farmer-Labor coalition, of "breaching neutrality" by saying that the State Canvassing Board would probably consider taking up the tossed absentee ballots. Ritchie has vowed to hold regular press conferences during the recount. "The whole world is watching to see if we're living up to our reputation as Minnesota - our brand," Ritchie says. "Accuracy is the only measurement by which we can determine who won this election." Ritchie does not expect the recount to be completed until at least Dec. 19. If the results...

Author: /time Magazine | Title: Coleman and Franken: Fighting over the Minnesota Recount | 11/17/2008 | See Source »

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