Word: lightness
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Toyota's (TM) share of the U.S. light vehicle market is 18% and Honda's (HMC) is 10%. GM's (GM) share of its home market is about 22%. Fifty-five years ago, the No.1 U.S. car company had 54% of the U.S. market. By this time next year, GM's piece of the American car pie could drop another 50%, bringing it closer to Honda...
Significant belt-tightening measures are in store for Massachusetts State leaders looking to close a widening projected $6 million budget deficit for the next fiscal year in light of the economic recession, according to state lawmakers. State Representative Charles Murphy and Secretary of Administration and Finance Leslie Kirwan stressed the need for budget cuts and budgetary redistribution, particularly in the health care sector, to ease economic strain in a panel discussion at the Kennedy School of Government last night. The panel also included Kennedy School Senior Associate Dean and Lecturer in Public Policy Peter B. Zimmerman. Murphy and Kirwan...
...have a huge amount of overlap,” she said. The UC discussed the merits of increasing its membership to three people per district during the meeting. The discussion was only the beginning of the UC’s effort to reevaluate it’s structure in light of the Dowling Report. Discussions will take place in FiCom and SAC committee meetings this week and will continue throughout the semester. UC parliamentarian Eric N. Hysen ’11, who helped to facilitate the meeting, said he expected the process would be completed around pre-frosh weekend...
Although the hedge-fund industry has long relished the light touch of lawmakers and financial regulators, a new era is dawning for largely unregulated financial institutions, and rightly so. The huge systemic risks associated with hedge funds and other unregulated firms in the financial system have a ruinous potential in our economy. Yet these bodies have been allowed to operate with a minimal level of oversight for years. Treasury Secretary Timothy Geithner’s call for an expansion of financial regulation and increased transparency faces a long struggle through Congress but will prove a crucial framework for promoting future...
...Harvard’s most historic traditions, but try telling that to the scores of freshmen who experienced a police crackdown in the recent Housing Day “Quad boat incident.” For several years, freshmen students have trudged to the Charles River to light small boats on fire on the eve of Housing Day in hope of securing a desired House placement. This year, however, Cambridge and Harvard police aggressively shut down the ritual. Several boats of more outlandish construction may have merited intervention, but the overall crackdown carried out by HUPD was excessive. It seems...