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Here's the problem: stock options typically are granted on an annual basis, and with each set, you must use them or lose them within 10 years. They have cash-out value only when the stock has risen above the "strike price" (usually the price on the day of the grant) and after a typical vesting period of three or four years...

Author: /time Magazine | Title: Consider Your Options | 3/13/2008 | See Source »

According to information from the NIH Web site, the average age of a researcher receiving his first R01 grant—NIH's funding mechanism for single projects that accounts for the majority of its grants to Harvard—has risen by nearly 25 percent since...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERSS | Title: Faust Fights for More NIH Funding | 3/11/2008 | See Source »

...similar event next year.THE LOST GENERATIONAccording to information from the NIH Web site, the average age of a researcher receiving his first R01 grant—NIH’s funding mechanism for single projects that accounts for the majority of its grants to Harvard—has risen by nearly 25 percent since 1970.“There may be a pending crisis here in terms of our future researchers,” said Casey. “The fact that this early in President Faust’s tenure that she would agree to testify before Congress right...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERSS | Title: Faust Talks to U.S. Senate | 3/11/2008 | See Source »

...food budget,” Faust said. “We need to address it within the issues of cost.”In an open letter to the Harvard community last week, HUDS executive director Ted A. Mayer said that “the cost of food has risen precipitously world-wide.”But Faust said the issue had been the focus of conversations between her, Dean of the Faculty of Arts and Sciences Michael D. Smith, interim Dean of the College David R. Pilbeam, and the House Masters.“We do not want...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERSS | Title: Faust Addresses Junior Parents | 3/10/2008 | See Source »

These consumers are the bright spot in the $2.9 billion high-end-fragrance industry, whose sales declined slightly in 2007. Niche perfumes were only 9% of that market, but their sales have risen 60% since 2005, says Karen Grant of market-research firm NPD--especially striking since most niche brands start at about $100 for 1.7 oz. (50 ml) while the average cost of a scent that size is $31, according to Euromonitor...

Author: /time Magazine | Title: Scents and Sensitivity | 3/6/2008 | See Source »

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