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...year in which only 10 million vehicles are sold would completely undermine the restructuring plans that the companies will present to Congress before the end of the quarter. The plan that GM gave to Congress last month assumed that the car company could break-even in the US if the domestic market supported 12.5 million vehicle sales. GM is already starting to hint that its assumptions for revenue have been...

Author: /time Magazine | Title: 2009 Car Sales: Detroit Can't Cut Costs Enough | 2/2/2009 | See Source »

...Chapter 11 while providing funds to keep them operating indefinitely. Congress and the Administration may decide that supporting Detroit is necessary because closing the firms would put so many people onto the unemployment line. More job losses, of course, would in large part negate the goal of the stimulus plan to add three to four million new jobs to the economy over the next two years. From that standpoint, a $100 million investment is actually cheap...

Author: /time Magazine | Title: 2009 Car Sales: Detroit Can't Cut Costs Enough | 2/2/2009 | See Source »

...Besides representing one of the administration’s first major moves to rein in its Allston ambitions, the new plan would have repercussions for departments outside SCRB...

Author: By Esther I. Yi and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Move to Allston Uncertain for Stem Cell Department | 2/2/2009 | See Source »

...head-to-head competition at the annual HYP double-dual meet. Harvard handily beat Yale (5-4, 3-3), 232-87.“We swam absolutely the best that we could swim,” Crimson coach Stephanie Morawski said. “We had a game plan and we executed it. You can’t control what the other team does.”Harvard got individual wins from sophomores Kate Mills and Katy Hinkle and freshman Meghan Leddy, and despite often getting three or four swimmers to the wall before the Tigers’ second finisher...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Crimson’s Bid for Perfection Spoiled | 2/1/2009 | See Source »

...expenses and the initial payment for the land rights. It's not clear at the moment whether the BLM will even take his money. The legal status of the parcels is in limbo, pending an ongoing investigation-as is the question of whether or not the government continues to plan to press charges. DeChristopher says any consequences are worth it. "I've been very surprised by how much support we've gotten," he says. "It's so exciting to see how many people share my value for the land and the climate...

Author: /time Magazine | Title: To Protect Public Land, Eco Protesters Get Creative | 1/31/2009 | See Source »

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