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America may be in the midst of the worst financial crisis since the Depression, but university presidents are better off than ever. According to a Chronicle of Higher Education annual report released yesterday, executive compensation, particularly for public university presidents, is on the rise. But as universities across the country face budget cuts in light of the economic downturn, some top officials are declining salary raises or benefits. University President Drew G. Faust’s first-year salary will not be released until this spring. In 2006-2007, Ivy League presidents earned between $1—former University President...
Canada will likely have no choice but to bail out Detroit North if Washington rescues its own car companies. Rewarding decades of abysmal management and arrogance with billions of taxpayers' dollars might seem wasteful, but at least in the short run it will save Ontario, whose fortunes rise and fall with Detroit, from sliding further down the economic ladder...
...record on the day—O’Connor and co-captain Louis Caputo (184) provided plenty of inspiration themselves, posting the only two overall victories for Harvard.No. 5 O’Connor, competing for the first time in a heavier weight class, will undoubtedly see this ranking rise after defeating Cornell’s Jordan Leen, the nation’s best wrestler and defending national champion at 157. After dismantling four opponents who managed no better than a 6-2 margin, O’Connor battled fiercely in the finals, earning a takedown in the second tiebreaker...
...What did you find out about the health of the livestock and the health of people eating the food? The take-home message is that there's a real information gap for the consumer. Diet-related diseases are on the rise. If you're suffering from them, your doctor is going to tell you that you've got to make informed decisions about what you eat. If you go and try to get this information in order to make these decisions, it's pretty much impossible. You've got to wonder why you have to do nuclear chemistry...
Price Hikes. The National Business Travel Association (NBTA) predicts that airfares will rise next year to their highest level since 2001, with increases of 7% to 10%. The NBTA also predicts up to 3% increases in car rental costs and up to 4% hikes in hotel rates. According to major hotel-industry watchers, Smith Travel Research and PKF Hospitality, hotels are in for hardship, with occupancy and revenue down...