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...hotel’s general manager. Attia also said there were financial considerations to the decision. Because of how green-conscious Cambridge residents tend to be, Attia said he expected a positive response to the initiative and increased business for the garage, which he said would compensate for the loss of revenue from the parking discount. Currently, the garage charges $34 for overnight parking and offers a ten percent discount for hybrids. The discounted rate for compact cars has not yet been determined. “I’m all for it,” said Jeff Meraj...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Hotel To Reward Green Drivers | 4/1/2009 | See Source »

...loss could potentially be much bigger. Current rules require banks to hold assets that trade on their books at the value they would fetch if a bank had to sell them to another investor. Loans typically don't trade, so the rule typically only applies to stocks or bonds a bank might happen...

Author: /time Magazine | Title: Geithner's Toxic-Loan Plan Could Be Toxic for Banks | 3/31/2009 | See Source »

...licensed products that are distributed on a charitable or affordable basis are either significantly reduced or completely eliminated. Harvard actually exerts leverage on the licensee by imposing strict obligations with respect to the distribution of products to those in need, where the penalty for non-performance is a loss of license rights, and the imposition of mandatory sublicensing and other march-in provisions...

Author: By Isaac T. Kohlberg | Title: Advanced Global Access | 3/31/2009 | See Source »

Take her first and only loss of the season, for example. It took a four-hit pitching gem from UNC Greensboro starter Hannah Angel last Tuesday to beat the Crimson ace. Though not one to make excuses, Brown pointed to fatigue as a possible reason for the loss. Ever the competitor, she could not wait for a chance to “regain her footing...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: ATHLETE OF THE WEEK: Pitcher Sets Precedent Early | 3/31/2009 | See Source »

...within a few fiscal years, this amount would rise to approximately $3.5 billion. The Massachusetts state budget, according to the speakers, is very reliant on capital gains tax revenue, which has decreased due to the recession. “It’s a perfect storm. We have a loss of tax revenue, and an increased need for spending,” Kirwan said. Both speakers noted that raising taxes is not the answer to the budgetary concerns, despite the increasing gap between tax revenues and spending. The Massachusetts Division of Unemployment Assistance recently released reports that unemployment has reached...

Author: By Laura M. Fontanills, CONTRIBUTING WRITER | Title: Mass. State Facing Huge Budget Shortfall | 3/31/2009 | See Source »

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