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...cater to smaller companies, was down at a 13% annual rate, according to the Federal Reserve. Not only are loans harder to come by, but they're also more expensive. That has the potential to slow down economic recovery, since firms that can't borrow often can't expand. Policymakers have responded with a number of programs to boost small-business lending, including an Obama Administration proposal to repurpose $30 billion of bank-bailout money to spur more business lending at community banks...
...only occupy 12% of the management positions at Deutsche Telekom offices in Germany - and none of the positions on the eight-member executive committee. In order to recruit more women managers, the company says it plans to introduce more flexible working hours and part-time positions, as well as expand its parental leave schemes and child-care services. It has also implemented a new "stay in contact" program, which helps women managers keep in touch with the office while on maternity leave. (See the dangers of printing money in Germany...
Hammonds called on the Faculty of Arts and Sciences to create “a new process for adjudicating academic dishonesty cases that would expand the options for disciplinary sanctions,” as recommended in the Committee to Review the Administrative Board’s report released by Hammonds on March...
...That's not as self-evident as it may sound. There is no shortage of theories about why companies aren't adding jobs faster. Banks won't lend to enable them to expand. Extra workers are too expensive because of taxes and health care costs. But the real clog in the nation's job-creating machinery is much more basic: a lack of demand for goods and services...
...light of the challenges confronting families across America, we continue to expand our already generous financial aid program so that Harvard will remain accessible to families from all economic backgrounds,” Faculty of Arts and Sciences Dean Michael D. Smith said in a press release...