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...Investor Services recently raised the company's credit rating two notches, to Caa1, its first upgrade in 14 years. "The rating actions reflect Moody's belief that after a period of intensive restructuring of its operations and balance sheet, Ford's business viability has significantly improved," Moody's report notes...
Smith said he will begin today’s meeting with a preview of the annual Dean’s report, which will survey FAS’ financial data for the fiscal year ending June 30, 2008. The report—whose release had been delayed from this past spring to early October—will outline information concerning FAS finances for fiscal year 2009 as well, Smith said at a May faculty meeting...
...With the report last week of a 27.3 percent drop in the university’s endowment, the Harvard community now knows the true magnitude of the impact the global economic crisis is having on our operations. Here and across the country, university officials are adapting to a “new normal baseline” of funding. But precisely what does that mean to us when Harvard’s apparent baseline is still $26 billion...
...course, part of a larger question. The recent controversy over the arrest of historian Henry Louis Gates Jr. - who was charged with disorderly conduct in his home after police arrived to investigate an erroneous report of a burglary in progress - was cast in racial terms: a white officer distrusting a black homeowner. But Walczak says this issue seems to have more to do with a police officer being confronted by an angry and disrespectful person and turning disorderly-conduct laws into a "contempt of cop" law, as he puts it. "Frankly, I think having someone dropping the F-bomb...
...considerable hurdles. Prevailing stereotypes paint the group as happy to live the simple life apart from the rest of society, with no interest in education. The all-black shantytowns near Yanga lack schools, and eager young migrants who move to bigger cities for work complain of blatant discrimination. A report released late last year by Mexico's Congress said that roughly 200,000 black Mexicans who reside in the rural areas of Veracruz and Oaxaca and in tourist cities like Acapulco are out of the reach of social programs like employment support, health coverage, public education and food assistance...