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...number of layoffs at companies which are still in relatively good shape raises the question of why the people were hired in the first place. If these jobs had not been open, the employees might have sought work in more stable parts of the economy...
Leadership from the Student Labor Action Movement and the Harvard-Radcliffe Bisexual, Gay, Lesbian, Transsexual, and Supporters Alliance declared their support for the dining hall staff union’s efforts to strengthen the anti-discrimination language of their contract at an open meeting last night. The two student organizations also plan to campaign to broaden the scope of the university’s anti-discrimination policy to include all workers. Students met with four dining hall workers to prepare a reaction to allegedly anti-gay remarks made by a manager in a dining hall a few weeks ago. According...
...Shanties still line the same steel tracks on which José's tortured antihero Antonio Samson kills himself, after learning that his vapid high-society wife is having an affair. On a recent afternoon, naked boys skipped rope near piles of rotting trash. Meals bubbled over open fires, just feet from railroad ballast...
...this climate, many people resent seeing billions of tax dollars leak outside the country. But if this 'buy American' clause is adopted, it will make it harder for those in Europe in arguing for markets to stay open," says Simon Tilford, chief economist at the London-based Centre for European Reform (CER) think tank. "Also, after Europe's huge expectations for Obama, there is bound to be a huge disillusion with him if the U.S. goes down this road...
...facilitate a sale, SEBI is planning to relax the rules governing corporate buyouts. Currently, any group wanting to acquire a minimum 15% stake in a company must make an open offer to all shareholders based on a 26-week average share price. SEBI wants to waive this requirement to enable more realistic pricing of Satyam's shares, which plunged by more than 70% after the scandal broke and now trade at about $1.27 a share. Satyam's government-appointed board are discussing buyout options this week, but a sale cannot be completed until its accounts are restated, a process that...