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...plans to start paying back its government loans this month. Repaying the direct government loans well ahead of the 2015 date contemplated by the Treasury Department when it helped GM reorganize during the bankruptcy is the first step toward an initial public offering of stock in the new GM. While GM received more than $50 billion in federal aid, only about $6.2 billion will be repaid in cash; the U.S. Treasury agreed to take stock in lieu of cash for much of the remainder, which gave the government a 60.8% stake in the new GM. Earlier this week, Treasury Secretary...
...estimates are also less alarming than those provided - also by Lipsitch - to the President's Council of Advisers on Science and Technology last summer near the start of the pandemic. At the time, researchers had only patchy data on the number of people infected by, and seeking treatment for, the new flu. The initially bleak prediction of the impact of H1N1 - with up to 50% of the U.S. population becoming infected in the fall and winter of 2009, resulting in as many as 90,000 deaths - was based on modeling of previous pandemics. (See how not to get the H1N1...
...undefeated streak of the Harvard women’s basketball team at home survived another night—and double overtime—as the Crimson defeated Northeastern (5-3), 90-85, yesterday evening. Harvard (6-3) is now 5-0 at home and can boast its best start since the 2001-02 season...
...million, generating 3,514 new jobs. In addition, the group has created an affordable mortgage facility, which will help more than 10,000 families purchase homes. Aspen's U.S.-Palestinian Partnership is also helping create a venture-capital fund run by Israeli and Palestinian investors to finance technology start-ups. (Watch TIME's video "TV Comedy Eases Palestinian Tensions...
...script—it’s called the givens, what they give to you—and fill that out in terms of intellectual knowledge of what is needed in very basic terms. In other words, the basic general, rudimentary idea of what that is. Then you start filling out the emotions and the layers of the character, the heart and soul, the blood and guts, which is my favorite part. And some characters are different. I did a mini-series called “Mama Flora’s Family” and in that...