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...timing,” he said. “It’s what came on the agenda.”Under the school’s current grading system, the top 15 to 25 percent of students in a class receive a Category I grade, and the bottom 10 percent are usually given a Category III grade. The remaining middle 65 to 75 percent are assigned a Category II grade.Zaman and Ruback both said that grading system does not seem to provide the right incentives to make students focus on their academic work.“People think that...
...shuts down? Not much. Under GM's contract with the U.A.W., laid-off workers are entitled to 95% of their salary plus benefits for nearly two years. So while closing factories saves money on materials and overhead, it takes quite a while to shave the payroll and bolster the bottom line. Wagoner is expected to pressure the union to modify the severance deals when the contract is renegotiated...
...have admitted they never anticipated gas prices rising as fast as they did during the hurricane season, when a gallon of gas cost more than $3 in some regions. Yet GM relied for years on its SUV sales for profits--and underinvested in cars--which seemed smart until the bottom fell out. Says Meyers: "They made a mistake to go with the big guys." Goldman Sachs cites GM's launch of models like the 2007 Chevy Suburban as a "key negative" in Wagoner's turnaround plan, with the market for large SUVs expected to slump 8% next year. GM promises...
...Secretary of State Condoleezza Rice, who tends to carefully calibrate every public utterance, dispensed with Foggy Bottom's typically foggy nostrums. "I do not think that American forces need to be [in Iraq] in the numbers that they are now for very much longer," she told Fox News. Although Pentagon officials bristled at Rice's venturing into military policy, they too have started discussing in public just how steep the drawdown should be from the 160,000 U.S. troops now in Iraq...
...terms of GDP per capita, France is in the bottom half of Western European economies. According to official U.S. and European economic statistics, out of 50 American states, France’s GDP per capita outperformed only Arkansas, Montana, West Virginia, and Mississippi in 2001. A recent Swedish report calculated that if the U.S. economy had been frozen in 2000, it would take France an extra 15 years of growth to catch up to the American standard...