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...Many observers expected the court to give a mixed ruling, but instead it sided with the Commission on the two major issues, and upheld the fine (the ruling also activates a Commission decision from July last year that fined Microsoft a further $378 million for dragging its heals in compliance). Indeed, the only point that Microsoft won was a minor one on whether it should be forced to pay for a trustee to monitor its compliance with the 2004 decision...
...with more than $200 billion in assets, and a share price in freefall, a takeover is increasingly likely. "Who would be doing it?" asks Justin Urquhart Stewart at Seven Investment Management in London: "Anyone wishing to buy that asset book at discounted value." Lloyds TSB, another major U.K. lender, could well figure among any suitors to emerge in the coming weeks. It's understood to have been in talks with Northern Rock about a deal just days before the Bank of England rescue. If there's no appetite for taking it on whole, Northern Rock could be broken...
Back in May, the Harvard University Faculty of Arts and Sciences announced that it was replacing the long-standing Core Curriculum with a new General Education program, representing a major change in educational philosophy. While few people outside of the FAS and the Undergraduate Council seemed to notice, the switch will have a significant effect on the college experience of future Harvard students when it eventually does come into effect—really.The passing of the Core should not go unacknowledged, and after taking a summer to recover, I wanted to do my part in commemorating it. While I thought...
...Figures released last week by the Kaiser Family Foundation showed premium costs have risen 78% in the last six years, to an annual cost of $12,106 per family. As costs have risen, businesses - which were aligned against the Clinton plan in 1994 - have joined the call for a major reform effort. In this presidential season, Democratic candidates are not the only ones putting forward health reform plans. However, the Republican proposals thus far do not claim to provide coverage for everyone. Instead, they have relied on tax incentives that would encourage businesses and consumers to buy health coverage themselves...
...yards and two touchdowns while picking up 65 yards and touchdown on the ground, was what he didn’t do. “To come out here in our first game and have zero turnovers against a very good football team, I thought was a major accomplishment,” Harvard coach Tim Murphy said. Throughout the afternoon, O’Hagan looked poised and comfortable in the pocket, getting sacked only once and having just four passes broken up all afternoon. “I thought he made great decisions today,” Murphy said...