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Also, the company indicated in its IPO filing that the Pritzker family plans to retain control of the company through the issuance of two classes of shares, where family members will hold special Class B shares that entitle them to have 10 times the number of votes than those allowed by common shares. Indeed, the filing warns investors that "the concentrated control will limit your ability to influence corporate matters, and the interests of the Pritzker family business interests may not coincide with our interests or your interests...

Author: /time Magazine | Title: Hyatt's IPO: Bad Timing or Family Necessity? | 9/9/2009 | See Source »

Even with the small increase, BSC tutoring rates will remain quite reasonable. Fees of $7 per hour would be a steal in commercial tutoring. The service will retain affordable prices while at the same time preserving its financial solvency and avoiding the need for cutbacks...

Author: By The Crimson Staff | Title: Topping Off Tutoring | 9/9/2009 | See Source »

...better option than layoffs, reducing hours continues to ask the lowest-paid workers at Harvard to bear an inequitable share of the financial burden. Staffers are physically strained by the work, and financially strained by the reduction in pay. Although hours reductions are preferable to layoffs because workers retain health benefits along with their continued paychecks, cutting the hours of people who already struggle to make ends meet circumvents the successes of the 2001 Living Wage Campaign. Therefore, although it is possible to see hour reductions as a win for workers, we must not accept them as a permanent solution...

Author: By Megan A. Shutzer | Title: Losing a Living Wage | 9/8/2009 | See Source »

...questions, has often tacked to the left to preserve her coalition. She has said that she would prefer to govern with the FDP, but that would recast the Social Democrats as formidable opponents, determined to torpedo the tax-cutting agenda the FDP would demand. Westerwelle fears she plans to retain her current partners instead. "That makes me angry, not for me, but for Germany," he told the German daily, Bild. (Read: "Busting Out: German Pol Plays the Cleavage Card...

Author: /time Magazine | Title: Guido Westerwelle, Germany's Mittelman | 9/7/2009 | See Source »

That suggests a continuation of current policies such as the cooler relationship with Moscow established since the era of cozy amity between Chancellor Gerhard Schröder and Vladimir Putin. Westerwelle argues that Germany needs to retain its nuclear power capabilities until it has built up alternative domestic energy supplies so it can break its reliance on Russian gas. "If we don't want to be blackmailed then we have to diversify." (See pictures of Putin on vacation...

Author: /time Magazine | Title: Guido Westerwelle, Germany's Mittelman | 9/7/2009 | See Source »

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