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...result of a breakthrough industry agreement worked out with the UAW in 2007. That's close to the $49 an hour that workers at the transplants average and far below the $71 an hour with benefits that was the old UAW wage, and that was cited by Alabama Senator Richard Shelby as a reason to oppose any bailout. And the cost differential on enginemaking between Detroit and the transplants will narrow to a couple of dollars by 2011. "You want to just choke these guys [in Congress] and take them through the 60 plants that I've been through...

Author: /time Magazine | Title: Is This Detroit's Last Winter? | 12/4/2008 | See Source »

...lesson the CEOs had clearly learned since their last disastrous appearance on Capitol Hill was the need to present a better face to their plight. They all drove hybrid or fuel-cell vehicles from Detroit, in stark contrast to the corporate jets all three arrived in last month. Senator Richard Shelby of Alabama, the top Republican on the panel and a fierce opponent of giving them any aid, grilled them on their road trips. "Did you drive? Did you have a driver?" he pressed. "Do you plan on driving back...

Author: /time Magazine | Title: Big Three Bailout Hits Some Speed Bumps in Washington | 12/4/2008 | See Source »

...Moran admits. But things are looking up for the fledgling Web site. As of last week, GradeFund claimed over 800 users, 34 of them with Harvard affiliations, according to Michael Kopko. GradeFund also scored its first corporate sponsor in ZooToo.com founder and president Richard Thompson. An entrepreneur himself, Thompson said that he does his best to support young people who act upon their ideas such as Kopko with GradeFund. “Do it the day you come out of college,” he said of starting your own business. “There’s no better...

Author: NO WRITER ATTRIBUTED | Title: A Fund to Give Greenbacks for Grades | 12/3/2008 | See Source »

Although the department has delayed discussing whether or not to keep the general exams—a more controversial issue among students and faculty alike—classics professor Richard F. Thomas said, “It’s likely that the general exams are going to be diminished or not be part of the new system...

Author: By Alissa M D'gama and Bonnie J. Kavoussi, CRIMSON STAFF WRITERSS | Title: Classics Loosens Dept. Requirements | 12/3/2008 | See Source »

...never felt more connected with Sen. Obama than when my grandfather, Richard Jones, or “Gaga” as he was called by his seven grandchildren, passed away from cancer the Saturday after the election...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: Going Gaga for Obama | 12/3/2008 | See Source »

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