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...first company on the list is The New York Times (NYT). It has been clear for over two years that the newspaper industry is in grave trouble even though internet initiatives have had some modest success. But, the New York Times chose to keep a number of newspaper properties which have been in trouble, notably The Boston Globe. Investors should want to know why the board did not demand a plan for restructuring the company. The easy answer is that the founding Sulzberger family controls enough of the voting power of the board so that actions by other members could...
...basic rule of thumb, your father has sex, your mother doesn't. It's not clear how we all come to think this. For those people whose adult children are uncomfortable with this, number one, are you yourself handling this in a way that suits your value system? If the answer to that is yes, which it often is, I think the kids are going to have to adjust...
Facing a steep drop in the University’s endowment, the Harvard Divinity School is planning to reduce the number of visiting professorships and adjunct positions offered next year, according to an announcement by HDS Dean William A. Graham...
...Kennedy describes the 1967 war as though Israel set out aggressively to “generate” Palestinian refugees in some grim industrial process. He also gives bizarre dates and numbers to describe the growth of Israeli settlements in the territories it occupied. The first settlements began in 1967 and 1968—not 1973 as Kennedy claims—and the number of settlers is nowhere near the 600,000 that he suggests...
...ease the burden for Mullen, Perlmutter will remain with Harvard for a number of weeks, preparing the staff to take over training for ice hockey, soccer, track, cross-country, volleyball, and skiing...