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Congress idly watched United Airlines and USAirways unload their pension obligations on the PBGC. Now Delta and Northwest are positioned to do the same. That increases the likelihood that other old-line carriers like American and Continental will be forced to do likewise. Northwest's CEO, Douglas Steenland, bluntly told the Senate Finance Committee last June, "Northwest has concluded that defined-benefit plans simply do not work for an industry that is as competitive and vulnerable from forces ranging from terrorism to international oil prices that are largely beyond its control, as is the airline industry." In that, he merely...

Author: /time Magazine | Title: The Broken Promise | 10/23/2005 | See Source »

...certainly no punishment for helping a disabled friend. The official Harvard policy—and the official policy at most other institutions—is an issue of safety. Russell points out that the instructions “discourage volunteers to assist in evacuations when there is a likelihood that anyone who is already incapacitated or the volunteers themselves could sustain injuries which impede a safe intervention and rescue.” Understandably, the AEO wants to minimize injuries in any emergency situation. In helping a disabled classmate, students could potentially hurt themselves or their classmate irreparably. Though it might...

Author: By The Crimson Staff, | Title: Inescapable Liability | 10/13/2005 | See Source »

Prestige counts. But in all likelihood, the success of TV fishing will be based on the cult of personality. Maybe that's why this year's classic winner, soft-spoken Kevin VanDam, got cheers as he entered Pittsburgh's Mellon Arena, while Iaconelli--who finished fifth--received deafening roars. "I've been criticized for being excitable," Iaconelli says. "It's driven by burning desire. But it's also great...

Author: /time Magazine | Title: Cable TV's Big Fish Fight | 10/2/2005 | See Source »

...smoothly as the J.P.L. systems run, the true test of the lab's business model comes when something goes wrong. Every time the lab pushes the launch button, billions of dollars, dozens of careers and decades of planning can be on the line. J.P.L. not only accepts the likelihood of the occasional costly flop but also expects it. Such a stomach for setbacks is a legacy of J.P.L.'s first director, William Pickering, a Caltech alumnus who learned his trade setting off rockets in the dry riverbed that is all J.P.L. once was. Dozens of those rockets sometimes blew themselves...

Author: /time Magazine | Title: Management: Management Tips From the Real Rocket Scientists | 10/2/2005 | See Source »

...probably wouldn’t hurt if everyone across the land stopped what they were doing, went to Triple A, and picked up a stack of TripTiks, but it is also probably a little bit unfeasible. Travels around America will in all likelihood remain what they seem to have irrevocably become: the domain of retirees, foreign tourists, and the occasional presidential nominee. At best, a handful of members of Matt and Andrew’s generation with the means and the balls to drop everything and drive will suck up their pride and join the silver-haired crowds. Most likely...

Author: By Elizabeth W. Green, CRIMSON STAFF WRITER | Title: Eight Weeks in America | 9/29/2005 | See Source »

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