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Chrysler's demand that the CAW slash labor costs by 25% caught the industry by surprise because it breaks with the time-honored tradition of pattern bargaining - in which an agreement by one of the automakers with the union sets the pattern for the others. Earlier this week the CAW gave up a special annual bonus and agreed to a reduction in paid time off in reaching a deal with General Motors. But that deal was criticized by some in the industry as insufficient. Indeed, Ford Motor Co. said Friday it will also reject the GM-CAW deal...

Author: /time Magazine | Title: Pay Us or We're Gone, Chrysler Warns Canada | 3/13/2009 | See Source »

...commanding lead in shots, 18-6, and ground balls, 17-10, while winning the turnover battle, 7-10. Any hopes of a Stony Brook victory were lost in the third period. In the first half of the frame, the Crimson took advantage of a pair of Seawolf penalties. A slashing call gave Harvard a man-up opportunity that eventually led to a goal by junior midfielder Jason Duboe. Only 16 seconds after Duboe’s score, the Seawolves were penalized for another slash, enabling Fehr to find freshman attackman Jeff Cohen for the score. Cohen, who torched the Blue...

Author: By Timothy J. Walsh, CRIMSON STAFF WRITER | Title: Harvard Continues to Roll With Win Over Seawolves | 3/2/2009 | See Source »

...might think that this kind of entertainment would have died with Lehman Brothers. But as the U.S. economy sank this winter, Bravo's series scored their highest ratings ever. As the parade of CEO hearings--slash--public shamings on Capitol Hill has shown, and Bravo underscores, the wealthy may not be universally loved, but they're America's favorite spectacle...

Author: /time Magazine | Title: Gold Diggers of 2009 | 2/26/2009 | See Source »

...Harvard’s recent recruitment efforts in lower-income areas across the country have also yielded a greater number of applicants who need financial aid. But Donahue said that the admissions office is now planning to cut back on these trips to slash costs...

Author: By Bonnie J. Kavoussi and Jillian K. Kushner, CRIMSON STAFF WRITERSS | Title: Tuition Upped To Match Financial Aid Demand | 2/25/2009 | See Source »

...Over the last few weeks, Tata Motors has hit the front pages of India's financial newspapers with more gloomy news: inventories are piling up and factories are being temporarily idled to slash production. Earlier this month, press reports surfaced that the company had missed payments to suppliers. Declining revenues and a tight credit market is hurting the company's cash flow, and officials were forced to issue a statement acknowledging financial problems. "There could be a delay in payments[ to suppliers]," Tata Motors Managing Director Ravi Kant told reporters at a briefing on Feb. 5. "It is a difficult...

Author: /time Magazine | Title: India's Top Automaker, Tata Motors, Hits a Rough Patch | 2/24/2009 | See Source »

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