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Merck's partner in ACHAP, the Gates Foundation, has ruffled many NGO feathers by imposing the same standards of accountability and transparency used by business on projects it funds - and cutting off those who don't comply. "There's been a paradigm shift in how people view the potential contribution of the private sector," says Dr. Nick Hellman, who made an inspection of ACHAP in August on behalf of the Gates Foundation. "They have the knowledge and the experience. Most drug companies have specific programs geared toward global health issues. If you're trying to distribute drugs...

Author: /time Magazine | Title: The Halo Effect | 9/20/2007 | See Source »

...world's largest automaker is desperately trying to hammer out a new contract that would shift the burden to the United Auto Workers (UAW), the union that represents 73,000 of GM's employees and nearly 270,000 retirees. The company wants to fund a health-care trust, administered by the UAW, to pay for retirees' medical needs. The union's old contract expired Sept. 14, and the creation of that trust has emerged as the principal stumbling block to a new one. An eventual deal looks likely; the two sides are haggling furiously over exactly how much GM will...

Author: /time Magazine | Title: GM's Get-Well Plan | 9/20/2007 | See Source »

...company is willing to make open-ended promises. "They'll say, We'll give you an allowance or a fixed subsidy--as long as we can afford it--but we're not going to give you retiree health benefits," Darling explains. "There's a big difference." It's a shift similar to the one that transformed retirement, replacing the defined lifetime benefit of a pension with a defined contribution to a 401(k). The risk becomes the employee's, not the company...

Author: /time Magazine | Title: GM's Get-Well Plan | 9/20/2007 | See Source »

With time, though, the focus would shift “from what she didn’t have to what she did have access...

Author: By Rebecca A. Compton, CRIMSON STAFF WRITER | Title: In the Water, Harvard's Unexpected Star Thrives | 9/20/2007 | See Source »

...Resolute Bay and fingers a pair of binoculars. He used to take dogsleds across the ice in June to hunt caribou on nearby Bathurst Island. Now, he says, the ice is too thin even in early May. If the warming continues, he fears that the cod population will shift farther north, disturbing the food chain for the ring-necked seal - the natural staple of the polar bears that regularly stalk the hamlet in the winter months...

Author: /time Magazine | Title: Fight for the Top of the World | 9/19/2007 | See Source »

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