Word: pauls
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...fiscal year beginning next October, due in part to a projected decline in number of patients. The hospital hopes to break even, under best case scenario projections, for this fiscal year. The announcement is a marked departure from previous predictions of Beth Israel’s CEO, Paul Levy, who said in an interview last month that “we have chosen not to do layoffs.” Levy said then that Beth Israel was not as troubled as other Harvard institutions, such as the Dana-Farber Cancer Institute, which had already announced plans for layoffs...
...grips of recession, the appetizer, entree, and dessert may be the first things to go. The company holiday party, once an obligatory, lavish celebration, has become “gauche” in a time of pink slips and downsized bonuses, said desserterie Finale co-Founder and President Paul D. Consorti. And Cambridge’s high-end eateries are feeling the pinch. “We had a company, that will remain nameless, cancel their annual holiday party because the week before they had laid off a bunch of employees,” Consorti said. Though Harvard Square restaurants...
...shovel-ready” highway and transit projects advertised for bid within the next 120 days. Shovel-ready projects are those that already have all requisite approvals and permits in place. For Cantabrigians, this could mean a new $36 million pedestrian bridge from North Point Park in Cambridge to Paul Revere Park in Charlestown, a highway project identified by the state as eligible for federal funding. The press release also said that $319 million in funds will go toward the Regional Transit Authorities and the Massachusetts Bay Transportation Authority for projects like Green and Silver Line enhancements, station repairs...
...ordinarily might have been dismissed as a harmless staffing snafu became the latest cause for unease among those watching Treasury Secretary Timothy Geithner. Geithner - who at 47 still looks like the Doogie Howser of economists - has had difficulty filling out his roster of lieutenants; he wasn't helped when Paul Volcker, the old lion who got the U.S. out of its last deep recession, described Treasury's staffing woes as "shameful." (See TIME's "25 People to Blame for the Financial Collapse...
...still need to keep up the hard work, but it's clear his rapid ascent shows he's got exceptional talent and drive," says Jean-Paul Coutelier, president of France's French Boxing Federation. "Ours is one of the few sports whose roots are traced to its creation here in 1850, and whose identity is firmly attached to wider French culture. That this young, illegal Afghan may now represent France internationally thanks to the citizenship his practice of this sport will help him obtain is really phenomenal...