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...pension fund and retiree health care fund, though it may include some reduction in healthcare benefits, just as the Canadian agreement does. Guided by the February terms of the original Treasury loans, the deal between the UAW and Chrysler also reportedly includes partial funding of the retiree healthcare trust with equity instead of cash. "We recognize this has been a long ordeal for active and retired auto workers, and a time of great uncertainty," said UAW President Ron Gettelfinger. The deal was reached, Gettelfinger said, "in the face incredibly trying circumstances." Italy's Fiat, currently in negotiations over a possible...

Author: /time Magazine | Title: Chrysler and General Motors Make New Bids to Survive | 4/27/2009 | See Source »

...Markel says the political climate in the U.S. is much less combustible today than in the post-Watergate era, when Ford faced a skeptical public. Even so, he says, citizens still need to trust that the government is working for the greater good. He says, "The good news is that our surveillance, methodology and public health professionals have never been better. But we are human and mistakes may be made - as happened with the 1976 swine flu affair - and we may jump the gun in the hope of preserving life. The current outbreak is a situation in flux. The American...

Author: /time Magazine | Title: How to Deal with Swine Flu: Heeding the Mistakes of 1976 | 4/27/2009 | See Source »

...electoral trifecta. "The myth of Republican competence and fiscal responsibility is shattered," a victim of the strategic and economic missteps of the Bush years, Carville gleefully notes. If Democrats play their cards right, he argues, they can dominate politics for the next four decades. The key? "To rebuild Americans' trust in government as a force of good." His excitability is infectious, if only to those on the same side of the aisle. ("Let's go out and spank the Republicans again and again," he exhorts readers.) Those who tend to agree more with his wife, conservative pundit Mary Matalin, might...

Author: /time Magazine | Title: The Skimmer | 4/27/2009 | See Source »

...oeuvres, attendees were treated to food samples including chilled honeydew melon soup from Henrietta’s Table and chips, salsa, and guacamole from Chipotle. Nantucket Nectars—a beverage company based in Nantucket, Mass.—gave out samples of all-natural fruit juices. Wainwright Bank & Trust Company—a self-proclaimed socially-progressive bank with branches throughout Boston—was present to inform visitors about the bank’s green practices and to open new accounts. The Harvard Square branch on Brattle Street—which has bamboo flooring, low-flow faucets...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Square Sponsors Green Activities | 4/27/2009 | See Source »

...have case after case of problems,” he says. “We need to restore trust and be transparent about these relationships...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: The Pro-Industry Professor | 4/24/2009 | See Source »

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