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...will be very hard to tell what will happen in the next flu season, especially if a worse case of influenza does develop. One panic is expensive, but a second is a waste of money. Experts maintain that the difference of a few days could be the critical issue in the containment of influenza. If the public becomes complacent that the next epidemic will be mild and resists public health advice, then the economy really will face a disaster when a virulent influenza appears and spreads widely...

Author: /time Magazine | Title: Preparing Businesses for the Flu Epidemic: A Waste of Time? | 5/7/2009 | See Source »

...This deal seems to be yet another sign of how hard the global automotive industry has been hit by the recession. The news of the Porsche-VW merger follows the announcement earlier this week by Italian carmaker Fiat that it wants to acquire U.S. automaker Chrysler, which the U.S. government forced into bankruptcy protection last week, and GM Europe. Fiat wants to merge with Chrysler and GM's Opel to create one of the largest car companies in the world. (See Chrysler's top ten moments...

Author: /time Magazine | Title: Porsche and VW Agree to a Merger | 5/7/2009 | See Source »

Besides the expert copy-editing at the Chicago Maroon, things aren't looking too good at UChicago.  Each of the three divisions have taken a 25% budget cut, which has hit the smaller humanities departments especially hard, since the sciences already enjoy substantial outside funding. Their Slavic department is dying, with at most one graduate student matriculating next year.  Ultimately the choice for the humanities division came down to hiring new faculty or accepting more graduate students--and they decided to focus on the former, reducing the size of their incoming graduate school class...

Author: By Bonnie J. Kavoussi | Title: Around the Ivies | 5/7/2009 | See Source »

...Newfoundland and Labrador Premier Danny Williams also pointed to Denmark's annual whale culls and said Europe had no business lecturing others on animal slaughter. "The hypocrisy of Europeans on this is unbelievable," he said. "Europeans should have a good, hard look at themselves...

Author: /time Magazine | Title: Canada Battles the E.U. Over Baby Seals | 5/6/2009 | See Source »

...partner, receiving just 2% of Chrysler and one director on the new board in exchange for $3.2 billion in support. That's poor payback, says Jack Layton, head of the New Democratic Party, Canada's fourth largest federal party, which enjoys strong union ties. "The government did not fight hard enough for job and production-share guarantees," he says...

Author: /time Magazine | Title: Whose Auto Bailout Is Most Expensive? Go Canada! | 5/6/2009 | See Source »

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