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...There is no "could" about it. Since most of the restructuring programs for the car companies are not in place now, and probably cannot be until the middle of the year, their losses in the first two quarters should not be terribly different than they were in the fourth quarter. Depending on which of the P&L lines financial analysts look at, it means that Detroit is going through as much as $9 billion a month. GM (GM) and Chrysler could spend the $22 billion that they are requesting in as little as 90 days. It has been said that...

Author: /time Magazine | Title: Will Detroit Need More Bailout Money? | 3/23/2009 | See Source »

From its one-piece rear quarter panel to its independent rear-suspension, deep-dish steering wheel and comfortable interior, the new Camaro goes well beyond the old-fashioned "Detroit iron" of the 1960s and '70s. The new Camaro is powered by either by an old school, 426-hp V8 or an up-to-date direct-injection V6 engine that produces 29 m.p.g. and 304 HP in one package. During TIME's test drive, the Camaro showed that it blends the responsive feel and precise handling found in European road cars with raw American power, easily mastering the twisting, rural...

Author: /time Magazine | Title: Detroit Tries Muscle: The Return of the Camaro | 3/21/2009 | See Source »

...coincidence that these bitter arguments come as France is seeing its wine output and sales fall. Italy has now replaced France as the world's largest wine producer. France's 2008 production level was about 1.17 billion gallons (4.44 billion liters), down by a quarter compared with 2005 output. Meanwhile, consumers continue to lap up New World wines...

Author: /time Magazine | Title: War of the Rosé: French Winemakers vs. the E.U. | 3/21/2009 | See Source »

...institution can.”Currently, the Straus Center is making groundbreaking progress, using new techniques to repair five pieces from a mural cycle sent by Mark Rothko to Harvard in the 1960s. The murals, which were one of only three made, were displayed for almost a quarter of a century in the penthouse of the Holyoke Center. But overexposure to sun on this light-sensitive paint caused the mural’s color to dramatically change—the vivid crimsons turned into tepid blues. As a result, these pieces are now displayed only once every decade. Although many...

Author: By Andres A. Arguello, CRIMSON STAFF WRITER | Title: Keeping Up Appearances | 3/20/2009 | See Source »

...about a quarter-century later, University President Lawrence H. Summers decided it was time to evaluate the curriculum again. As specialized courses infiltrated the Core Curriculum, the program became more difficult to define. The Faculty then decided to return to the interdisciplinary study that the first Gen Ed program espoused...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Kicking the Core to the Curb | 3/19/2009 | See Source »

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