Word: wednesday
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University President Drew G. Faust announced Wednesday afternoon that Harvard will slow construction on the Allston Science Complex for the rest of 2009, as the University reassesses its financial situation after an unprecedented decline in its endowment. The news follows months of warnings that the economic downturn could delay Harvard’s ambitious plans for a new campus across the river. Harvard has heralded the Science Complex as a core part of its plans. According to Faust’s statement, the Science Complex’s foundation will be completed and brought to ground level at a slower...
...California engages in a budget battle that has left the government of the world's eighth largest economy slipping toward insolvency, Republican Governor Arnold Schwarzenegger and the Democratic legislative majority continue to search for one last Republican vote to pass a budget. But the complex negotiations hit a snag Wednesday when Republican state senators ousted their leader, Senator Dave Cogdill, who had dared to agree to a plan involving a tax hike, and replaced him with a staunch antitaxer. To avoid a collapse of state finances, legislators are attempting to pass a $42 billion budget-balancing plan that includes...
...likely that investors will be reluctant to bet on nascent signs of improving credit so long as the housing market remains in turmoil. On Wednesday morning President Obama and Treasury Secretary Timothy Geithner will appear at a high school in Arizona to unveil their new plan to stem the tide of housing foreclosures. The financial community's response to that plan will likely be writ large in the stock market averages by late morning...
...qualifications.”Dean of the College Evelynn M. Hammonds, the former Senior Vice Provost for Faculty Development and Diversity, has said in previous interviews with The Crimson that she hoped to usher minority faculty into recently opened House Master positions. That aim was furthered last Wednesday, when Hammonds announced that Law School Professor Ronald S. Sullivan Jr. and Law School lecturer Stephanie Robinson would take over as leaders of the house next fall, becoming Harvard’s first black House Masters.The Christakis family is relatively young, comprising three children, Sebastian, Lysander, and Eleni, whose ages range from...
...body are not,” Johnson wrote in an e-mail sent over the House’s list, adding that “this has been the case for two years.”Johnson said his petition is timely in light of the selection, announced last Wednesday, of Law School Professor Ronald S. Sullivan Jr. and Law School lecturer Stephanie Robinson as the College’s first black House Masters—picks that reflected comments made by Dean of the College Evelynn M. Hammonds that she would like to foster greater diversity among a group...