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Reuther, who began to worry about rising health-care costs as far back as the 1950s, feared that the auto companies would one day not be able to meet their obligations. That that day is here is one reason the UAW made yet another concession. It reached an agreement with Ford to change the way the company contributes to the retiree health-care fund administered by the UAW. Instead of cash, Ford now has the option of issuing stock to fund up to 50% of the Voluntary Employee Beneficiary Association, or VEBA. It means that the health of UAW members...
...that complexity poses a unique challenge for the media, one that in its increasingly decimated state it may be ill-equipped to meet, as Eric Pooley - the former editor of Fortune and a Time contributor - argues in a recent paper for Harvard University's Joan Shorenstein Center. It was difficult enough for reporters, even scientifically literate ones, to dig through dense studies and accurately gauge the state of climatology. Now the big questions facing environmental reporters are not so much scientific as economic, as the country comes to grip with the true cost of fighting climate change. And national politics...
...wake-up call for corporations engaging in medical research to recognize our responsibility to patients and the public. It presents a challenge to the entire Harvard community, including faculty, administrators, overseers, technology development officers, and students, to build a better access policy that will allow us to meet and surpass Big Pharma in the arena of good global citizenship...
...limit. Personal bankruptcies rose by a third last year and mortgage defaults - well, they're moving beyond subprime borrowers and hitting those with previously high credit scores. On Feb. 27, Biden and eight members of his task force, including Education Secretary Arne Duncan and Energy Secretary Steven Chu, will meet at the University of Pennsylvania to discuss the rescue of the middle class. Their first task? Creating green jobs. The committee believes that building environmentally friendly homes will help decrease middle-class homeowners' electricity and heating bills. That is, of course, if they have a home they can still afford...
...overturned convictions against five former detainees who had been handed over to France in 2007 and then tried and jailed on terrorism-related charges. The court ruled that the men had been convicted on the basis of intelligence gathered during interrogations at Gitmo - and that such intelligence failed to meet French standards for permissible evidence. The court said there was no other proof that the men had conspired to commit terrorist acts...