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...donation is also a milestone for the environmental movement, which is forcing multibillion dollar companies to confront an unpleasant reality from the ground-up. The very source of KSG’s latest donation, Shell, illustrates the transformation of fossil fuel behemoths into supporters of future green energy research. Shell is by no means alone: Other giants like Exxon-Mobil and British Petroleum (BP) have also focused on research on more efficient energy sources and better policies. In fact, for several years now, BP has been cleverly marketing itself as “Beyond Petroleum...

Author: By The Crimson Staff | Title: A Focus On Energy | 11/1/2007 | See Source »

...expansion of the period of eligibility for unemployment benefits for workers over the age of 50 - from 12 to 24 months. The party also urged a rethink of the government plan to partially privatize the national train company, Deutsche-Bahn, next year in a policy that has thrown the multibillion-euro deal into question. Merkel even came in for criticism from her own foreign minister, Frank Walter Steinmeier, a senior SPD leader, who took her to task for failing to use back channels effectively to promote her human rights agenda in China and Russia...

Author: /time Magazine | Title: No More Fun on the Autobahn? | 10/29/2007 | See Source »

...reason this has not been expanded more is because the FAS leadership saw what they regarded as serious budget issues, a view that I could not understand,” he says. “I do not think this is very plausible today in light of the multibillion-dollar increases in the FAS endowment.”The FAS endowment was valued at over $13.2 billion in 2006, showing a positive gain of $4.4 billion since 2003. According to the U.S. Census Bureau data for 2004, the median family income was $54,061—about $14,000 above...

Author: By Jamison A. Hill, CRIMSON STAFF WRITER | Title: Why Can't Harvard Be Free? | 10/10/2007 | See Source »

...percent bullshit.” What tact. It’s not surprising that students are mourning the end of the party grant days (free-flowing booze is a good time indeed) but the vitriol reaction toward Pilbeam’s announcement is bizarre. The University is a multibillion-dollar corporation subject to the rules and regulations of the United States, Massachusetts, and Cambridge, all of which enforce the legal drinking age of 21. Through the party grant, the College knowingly funds such illegal activity, albeit indirectly. It is completely reasonable that the higher-ups at Harvard might wish...

Author: By Lucy M. Caldwell | Title: Students, Are You Serious? | 10/8/2007 | See Source »

...years after Hermann declared to the trade press that she relished the "challenge" of running a wounded YSL, it remains unclear whether she and Pilati have the magic formula to modernize the fashion house and elevate it to its former glory alongside idolized French brands like Chanel, now a multibillion-euro business. The ascension to such heights is a complex mission. It takes believing that Pilati has the talent and range to give women what they need and think they want and that Hermann has the gift to translate his talent into commercial success...

Author: /time Magazine | Title: What's Her Recipe For French Dressing? | 9/21/2007 | See Source »

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