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...enemy in the U.S. auto industry's fight to survive. "Our contracts with Chrysler, Ford and GM represent only 10% of the cost of assembling of a vehicle. But most days, it seems like we get 110% of the attention," said UAW president Ron Gettelfinger in a recent speech. In the wake of GM's most recent quarter, in which the company lost $9.6 billion - $30.9 billion on the year - the fight is getting more desperate. So the union is back at the table, negotiating more relief for the Detroit Three...

Author: /time Magazine | Title: The UAW Fights Its Image as the Villain of Detroit | 3/1/2009 | See Source »

...current seniors will likely be spending the coming year living in Mom’s house, “working things out,” has gone from an unspoken reality to a common experience. Who knew a little banking crisis could make such a stir? Prior to the recent downturn, those in creative businesses—that is, the clothing designers, the restaurateurs and chefs, the advertisers–were certainly conscious of the extent to which the cash flow of the moneyed can affect their lives. Lower Manhattan eateries and boutiques, the large part of which stake their...

Author: By Ruben L. Davis, CRIMSON STAFF WRITER | Title: Economy Collapses, Artists Start Revolution | 2/27/2009 | See Source »

...think you were one of a million,” says William K. Kelley, a fellow student who worked under Kagan on the Law Review.As Dean, Kagan embarked on an ambitious expansion of the faculty to decrease class sizes, bringing the total number to 102 full-time professors before recent departures for the Obama administration. In the process, she has poached more tenured faculty—including Cass R. Sunstein ’75, the most cited legal scholar in the country—from other institutions during her five-year deanship than during the previous 20 years combined.Other programs...

Author: By Elias J. Groll and Athena Y. Jiang, CRIMSON STAFF WRITERS | Title: Kagan's Legal Legacy | 2/27/2009 | See Source »

...artist performed songs mostly from her two latest albums, “Tres Cosas” and “Son,” released in the U.S. on UK-based label Domino records in 2004 and 2006, respectively. On “Son,” her most recent release, Molina takes inspiration from Argentina’s national bird, the hornero, integrating its playful and melodic calls as a motif in her compositions. But her interest in the acoustics of nature has more to do with the element of chance involved in sound production than with nature itself...

Author: By Jessica M. Righthand, CRIMSON STAFF WRITER | Title: Molina Brings Eclectic Style to Brattle Theatre | 2/27/2009 | See Source »

...that some borrowers, for example, are trying to turn a quick profit by capitalizing on differentials in interest rates. The loan growth may also not be sustainable, as government concerns about rising nonperforming loans could lead to reduced lending in coming months. "Given the sharpness and severity of the recent slowdown, the recovery path is likely to be volatile as well," wrote Goldman Sachs economists Helen Qiao and Yu Song in a recent report. They're holding to their below-consensus 6% GDP-growth forecast...

Author: /time Magazine | Title: China's Economy: Rare Signs of Optimism | 2/27/2009 | See Source »

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