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...that's a fraction of what Americans or West Europeans earn, the downward pressure on wages and jobs worldwide is likely to continue. Just last week, Ford announced it will lay off up to 30,000 workers and close 14 plants in the U.S. in a huge restructuring to shore up its finances. Such drastic steps are feeding a backlash against globalization that's of growing concern to the panelists. "There's a win-win depiction of globalization that the world doesn't buy," Roach said. Added Tyson: "I worry that there are many, many voices who feel they...

Author: /time Magazine | Title: The Goldilocks Economy | 1/28/2006 | See Source »

...perhaps as many as 10 of 43 plants with some 25,000 job cuts out of a total of 123,000 in North America. The cutbacks are designed to halt the company's losses on its domestic auto operations--$1.2 billion in just the third quarter of 2005--and shore up a credit rating that began to deteriorate last year to junk-bond status. Turning that around while pursuing his philosophical imperatives will be a fancy juggling act. Previous CEOs have repeatedly tried to reinvent the company without enduring success. The difference this time is that there might...

Author: /time Magazine | Title: Can This Man Save The American Auto Industry? | 1/22/2006 | See Source »

...Look for partners and like-minded people that share your interests and understand you as a musician.”After the Sanders Theatre performance, Gutman will perform at the John F. Kennedy Center for the Performing Arts’ Terrace Theatre in Washington, D. C.,; North Shore Center in Skokie, IL; Kimmel Center’s Perelman Theatre in Philadelphia; and Lincoln Center in New York. Recital of Natalia Gutman at Sanders Theatre. Sunday, Jan. 22, 2006. 7:00 PM. Tickets $34.50, $46.50, and $56.50 with a $5.00 senior discount and a 50% student discount (with a valid...

Author: By Kristina M. Moore, CRIMSON STAFF WRITER | Title: Russian Cellist Natalia Gutman to Begin US Tour | 1/21/2006 | See Source »

...therapies also have proven medical benefits. Massages and reflexology, during which muscles are rubbed and soothed and blood flow is increased in aching areas, help lower blood pressure, boost circulation and alleviate arthritis pain, says Dr. Gisele Wolf-Klein, chief of geriatrics at the North Shore--Long Island Jewish Health System in New Hyde Park, N.Y. Her colleague Dr. Laura Herman, a psychiatrist, adds that calm surroundings and relaxing treatments help release to the brain more endorphins, which are chemicals that promote an overall feeling of well-being and happiness. As boomers begin turning 60 this year, they increasingly have...

Author: /time Magazine | Title: A Spa for Him Too | 1/17/2006 | See Source »

...hunt these people down.? He noted the victories, the capture of Al Qaeda leaders like Abu Zubaydah, Khalid Sheikh Muhammed. ?One of the lessons of September the 11th is, when you see a threat out there, you can't assume that it's not going to come to our shore anymore...

Author: /time Magazine | Title: What's in a Name? | 1/12/2006 | See Source »

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