Word: overhaul
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Curricular Review: 1. Harvard College’s academe-leading attempt to overhaul undergraduate education. 2. No discernable progress is being made on this...
...Orleans school system, which was widely viewed as among the nation's worst before Katrina, has undergone a complete overhaul since the hurricane raked the city and flooded two-thirds of its 128 public schools. The city's new blend of state- and city-run districts, with charter schools making up 60% of the city's educational system, is unique in the country, according to Tulane University President Scott S. Cowen, who chaired the education committee of the Bring New Orleans Back Commission...
...Blame the worldwide taste for sushi. European Union fishing subsidies haven't helped, either - they enable fishermen to buy new boat engines, the better to compete against the high-tech fleets that have set up in the Mediterranean. Many Spanish and French fishing companies have used the subsidies to overhaul their fleets, installing sonar systems and new engines and hugely increasing capacity. "Fishermen used to have old wooden boats, but now most boats in the Mediterranean are brand new," says Alain Fonteneau, a marine biologist for the French government-run Institute of Development Research in Montpellier. Other technologies have contributed...
...border. Schwarzenegger also extended a loan to fund stem cell research in the state following a Bush veto of a federal funding bill. Additionally, he has worked with the Democratic-controlled legislature to get four bond proposals on the fall ballot intended to finance his multibillion-dollar infrastructure overhaul plan. Then there was the surprise windfall: an unexpected spike in tax revenues from the improving state economy allowed him to repay money to schools that he had borrowed to help balance the budget...
Private-equity firms pumped up with vast amounts of money are snatching public companies in an unprecedented buyout wave. In an updated, renamed version of the leveraged buyout, or LBO, private-equity firms acquire undervalued companies, load them with debt, overhaul operations and then return them to the stock exchanges whence they came in ballyhooed IPOs--collecting fees at every turn. Fever pitch officially took hold last week when hospital chain HCA was taken private by its management, founder and three buyout firms in a record deal worth more than $30 billion...