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...results are a microcosm of the trouble that may face the economy over the next several quarters. Oil now trades above $60 a barrel. Fuel prices will inevitably move up making the cost of living and doing business higher while the abilities of consumers and businesses to spend are already in retreat. (Read: "British Airways: Cabin Pressure...

Author: /time Magazine | Title: British Airways: High Costs Fuel Record Loss | 5/22/2009 | See Source »

Funding for undergraduate advising will face substantial reductions next fall. The concentration fair for freshmen and sophomores has been eliminated, and the “Advising Fortnight” programming will be serially reduced, downsizing from 72 events to 35, according to a document obtained by The Crimson on advising budget cuts. In addition, the head of undergraduate advising programming, Associate Dean Monique Rinere, will leave this summer for a new post at Columbia, and her post will likely be left vacant, according to two students on the student advisory committee. The advising office faces the “loss...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: Advising Programs, Events Face Cuts | 5/22/2009 | See Source »

...Understanding the charges he would face, Copney then surrendered to Cambridge Police Thursday evening...

Author: By Eric P. Newcomer and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Suspect Pleads Not Guilty in Harvard Shooting Case | 5/22/2009 | See Source »

...Young, who defended Newton’s math and science programs, pointed out that “the great challenge that Newton faces is a budgetary one”—one that, according to Epstein, Young will not face in Cambridge...

Author: By Sofia E. Groopman and Michelle L. Quach, CRIMSON STAFF WRITERSS | Title: Young To Enter Amid High Expectations | 5/22/2009 | See Source »

...That may sound like peanuts to U.S. papers loaded down with hundreds of millions in debt as they battle plummeting ad revenues and the continued advance of Internet rivals. But while French papers haven't closed down like some American ones, they do face troubles of their own. Overall daily circulation has plummeted from a postwar high of 6 million to just 1.5 million today. The financial situation of most French papers has become so dire in recent years that the government of President Nicolas Sarkozy has decided to augment annual state subsidies to the sector, which amount to between...

Author: /time Magazine | Title: French Newspapers Cutting Back on Holidays | 5/21/2009 | See Source »

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