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...company's main rival, R.J. Reynolds, manufacturer of Camel cigarettes, is still in dismay over Philip Morris' reversal from regulation opponent to champion, and the third largest cigarette manufacturer, Lorillard, has labeled the legislation the Marlboro Monopoly Act. Both argue that as the new restrictions cut off most remaining avenues available for advertising and ban marketing stunts like free-sample cigarette giveaways, the companies' ability to "communicate" (i.e., gain market share) with potential and existing smokers about their products will be blocked. In addition, the administrative costs of complying with FDA regulations favor large manufacturers over smaller ones...

Author: /time Magazine | Title: Why a Tobacco Giant Backs a Tough New Antismoking Bill | 6/12/2009 | See Source »

...University has announced that a total of 531 staff members chose to participate in its Voluntary Early Retirement Incentive Program, or roughly a third of the 1,628 members that were eligible.Participation rates throughout the University's schools and units ranged from 7 to 41 percent, according to the figures presented in the June 2009 issue of Harvard Resource, the University's employee newspaper. The majority of staffers accepting the incentives came from the Faculty of Arts and Sciences and the Central Administration, which respectively contributed 156 and 177 workers--acceptance rates of roughly 30 percent and 34 percent. Harvard...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: 531 Staffers Take Buyout Package | 6/11/2009 | See Source »

Jiggetts is the second man arrested for the murder of Cambridge resident Justin Cosby, 21, who was shot in the basement of the dormitory on May 18 after a failed drug rip, according to prosecutors. Police are continuing to work to "identify and locate" a third suspect, who remains at large, said Corey Welford, a spokesman for the Middlesex district attorney's office...

Author: By Athena Y. Jiang and Peter F. Zhu, CRIMSON STAFF WRITERS | Title: Second Man Arrested in Connection to Kirkland Shooting | 6/11/2009 | See Source »

...relatively calm in recent years, Palau is no stranger to political unrest. After it switched from being administered by the U.S. to a republic in 1981, its first president, Haruo I. Remeliik, was assassinated in his driveway in 1985; the killers were never caught. Three years later, Palau's third president, Lazarus Salii, committed suicide after being accused of bribery; months earlier, his personal aide had been convicted of firing a gun into the home of the Speaker of the House of Delegates...

Author: /time Magazine | Title: Palau: Next Stop After Gitmo? | 6/11/2009 | See Source »

Calderón is particularly concerned about the nation's image because of the bottom line. In 2008, foreign tourists spent $13.3 billion in Mexico, the third biggest source of foreign income after remittances and oil exports. This year all three of these moneymakers are being clobbered. While the price of petroleum nose-dived with the crisis, the recession north of the border pushed Mexican remittances down 18.6% in April compared with the same time last year. To add to these woes, Mexico's manufacturing sector has been battered by a drop in spending in the U.S. In total...

Author: /time Magazine | Title: Guns, Germs and Recession: The Curse on Mexican Tourism | 6/11/2009 | See Source »

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