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Chrysler and GM (GM) propose closing 3,000 dealers in an effort to save money by narrowing down their distribution networks. Some of the larger dealers probably employ 100 people. In an economy that is losing nearly 600,000 jobs a month, the new efficiency program from Detroit is going to add to the burden of unemployed Americans very quickly...

Author: /time Magazine | Title: Auto Industry Says Adios to the Car Dealer | 5/14/2009 | See Source »

...seemed to take Stewart's criticism personally, but he was really making a larger point about the failures of CNBC and other financial outlets. Do you think CNBC did a good job anticipating and reporting on the financial meltdown? -Mark Sutter, Detroit I think CNBC's done a remarkable job, and I think the attack on CNBC and the attacks on me were gravely misplaced. It was rather remarkable in that it was so clear that his goal was to just destroy me. One day he'll answer for it. (See the top 10 TV fueds...

Author: /time Magazine | Title: 10 Questions for Jim Cramer | 5/14/2009 | See Source »

...time dollar amounts” saved by the Widener Café’s closing, she said that “it is a substantial amount.” She noted that the Widener Café cutbacks are part of HCL’s larger budget reduction plan and that the decision to close the Café was made in conjunction with various administrators and Harvard University Dining Services. The Widener Café has been staffed by HUDS for less than two years, though the University previously hired a private contractor to provide staffed food services, Brainard said...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: SOCH, Widener Cafés To Close | 5/13/2009 | See Source »

...Quad shuttle service and hot breakfast offerings at four Town Hall Forums held Monday by Dean of the College Evelynn M. Hammonds just hours after the changes were announced.Hammonds began the town hall circuit with low-key, primarily one-on-one meetings in Lamont Café, followed by larger group meetings in Quincy, Cabot, and Mather Houses, where she was joined by other members of the College administration to answer questions and hear students concerns about the changes—part of $77 million in reductions announced by the Faculty of Arts and Sciences and published on a dedicated...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Students Blast Justifications for Cuts to Campus Life—‘This Stinks of Rhetoric’ | 5/13/2009 | See Source »

...well-prepared for a long, costly war. Iran learned how to fight an asymmetrical guerilla war in the 1982-2000 conflict in Lebanon, learning that lightly armed, small, mobile units can beat a larger enemy. Secondly, Iran knows it needs to eliminate any potential fifth column. Saddam's failure to destroy the Iraqi opposition, in particular the Kurdish groups in the north, called into doubt the Iraqi regime's legitimacy. It facilitated the notion that the Iraqi people had asked for a foreign invasion to deliver them from Saddam. Iran's crackdown on student dissidents, foreign journalists and dissident political...

Author: /time Magazine | Title: Understanding Iran's Deterrence Game | 5/13/2009 | See Source »

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