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Ultimately, many companies will have to boost contributions to their pension plans to recover from this year's loss. How that occurs is partly governed by the Pension Protection Act. But experts say some companies will lobby for Congress to relax some aspects of the act, arguing that being forced to significantly increase contributions to pension plans may force them to file for bankruptcy. When President Bush signed the Pension Protection Act in 2006, companies won cost-savings concessions, such as the ability to use a higher interest rate in computing lump sump pension payouts. But the savings from those...

Author: /time Magazine | Title: Pension Funds Take Another Pounding | 12/5/2008 | See Source »

...Change.” That titular heartbreak inspired the wounded but flat “Heartless” and also “Paranoid,” where an insouciant-in-spite-of-it Kanye robo-raps over melted-butter synths and a soulful, multi-tracked hook. The loss that pervades “808s” also stems from the recent death of Kanye’s mother (guy’s had a rough year). On “Welcome to Heartbreak,” he reevaluates. “My friend show me pictures of his kids...

Author: By Jake G. Cohen, CRIMSON STAFF WRITER | Title: Kanye West | 12/5/2008 | See Source »

...going to make a statement to the nation what kind of team we’re going to be down the road.” Generating that momentum is critical for the Crimson, especially given that last year’s mid-season losing streak began with a loss to Boston College and a tough stretch of games against non-conference opponents. “I think it’s just a good opportunity for us to come together as a team against a traditionally powerhouse program,” Tallett said. “We have the opportunity...

Author: By Robert T. Hamlin, CRIMSON STAFF WRITER | Title: Struggling but Tough Fighting Sioux Invade Bright | 12/5/2008 | See Source »

...addition, the loss of hundreds of thousands of jobs due to the disappearance of a major manufacturer - not to mention the blow that would be dealt to U.S. consumer confidence by the bankruptcy of an iconic brand - would mean even fewer cars sold. That would take another bite out of consumer finance receivables, the biggest asset on carmakers' books. So even though Japan would almost automatically gain market share if a U.S. carmaker went under, any gains would be outweighed by the negative impacts. "In this environment, gaining market share is not a good strategy," says Yoshida...

Author: /time Magazine | Title: Why Detroit's Woes Are Bad for Toyota | 12/5/2008 | See Source »

...traditional tilt with the Wildcats, the team was riding an 11-game winning streak and had just climbed to the top of the national polls. But then No. 2 New Hampshire was too tough an obstacle to overcome, sending Harvard home for the holidays with a 4-1 loss that will be fresh in the team’s minds tonight. “I think we do a good job of remembering our history with teams, and that loss last year was tough,” tri-captain Jenny Brine said...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Harvard Travels to N.H. to Face Rival Wildcats | 12/4/2008 | See Source »

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