Word: roberte
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...Steve Harris, GM vice president of communications, insists Wagoner's job is not in any jeopardy. "A lot of very difficult things have been accomplished in a short period of time," Harris says. Not everyone agrees, of course. Peter Morici, a professor at the University of Maryland's Robert H. Smith School of Business, said the $10.6 billion loss GM posted for 2005 suggests the company needs new leadership. "GM needs a less expensive and more flexible labor contract, less overhead and red tape in marketing and design, brands realigned to attainable markets and a CEO who can convince employees...
...Murphy, the Merrill Lynch automotive analyst, said in a note to investors that a strike remains a very real threat as long there is no agreement on issues beyond the buyout proposal. Delphi chief executive Robert "Steve" Miller is pressing for more concessions and has said he will petition the court next week to set aside the company's existing labor contracts if there is no agreement with the UAW and other unions. Last fall, Miller briefly proposed cutting the wages of Delphi workers by 63%; the union has warned that a strike is possible if the court imposes...
...This is a somewhat historic event” that would mark the first introduction of a new concentration since 1992, Robert A. Lue, the executive director of undergraduate education in Molecular and Cellular Biology, said yesterday...
...Harvard Corporation, the University’s highest governing board, directed the school’s endowment managers today to sell the Sinopec shares after the Corporation’s Committee on Shareholder Responsibility—which comprises Robert D. Reischauer ’63, an economist, and James R. Houghton ’58, the chairman of the glass and fiber-optic company Corning—recommended divestment. In a statement today, the Committee on Shareholder Responsibility said that Sinopec is a partner in a venture that will significantly increase oil production in southeastern Sudan in the coming months...
...selling off a 60-acre plot of land to the town of Weston, Mass., provided the town can find the funds to meet the $27 million price tag. The Case Estates property has been a part of the Arboretum’s holdings for over 60 years now. Robert E. Cook ’68, director of the Arnold Arboretum, explained that the decision had been made to let go of the property because there was little justification for keeping it. “When I came in 17 years ago it was clear then and it has only become...