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...task is expected to be formidable. Part of the job of the chief restructuring officer will be to dispose of real estate such as closed factories. GM assembly plants in Pontiac, Mich. and Wilmington, Del., as well as power-train plants in Livonia, Flint and Ypsilanti Township, Mich., Parma, Ohio, and Fredericksburg, Va., were just added to the list. The automaker also is shutting underutilized stamping plants in Indianapolis and Mansfield, Ohio; and closing warehouses in Boston, Jacksonville, Fla., and Columbus, Ohio, all by the end of this year. Workers at all nine plants and the three warehouses were told...

Author: /time Magazine | Title: Disposing of the Remains of the Old GM | 6/2/2009 | See Source »

...marveling at an iPhone. His choice from the menu: innovation. Dazzled by the past two centuries of achievements, he is likely discussing bio-fuels while Shirley and Edgar teach him to twitter. The wise Ben Franklin would speak illuminating words for our recent graduates, inspiring them to recognize the power of innovation in all its forms. And if told that it’s not on the menu, he would simply provide the recipe...

Author: By Howard A. Zucker | Title: Banquet for a Better World: | 6/2/2009 | See Source »

...Chemistry and Molecular Pharmacology, Health Care Policy, and Social Medicine (renamed the Department of Global Health and Social Medicine). He also made plans to delve into functional genomics, even as some questioned the importance of the field.Though Tosteson implemented sweeping reforms, including interdepartmental initiatives that required a centralization of power, colleagues praised his willingness to support others’ projects without unduly interfering.“He was not a micro-manager,” said S. James Adelstein, executive dean for academic programs under Tosteson. “If [others] did a good job, he let them run with...

Author: By Athena Y. Jiang and Laura G. Mirviss, CRIMSON STAFF WRITERS | Title: Beloved Former HMS Dean Dies | 6/2/2009 | See Source »

...rather a midpoint in the institution’s grand goal of apparently purchasing all the land in Massachusetts is what makes the idea of Harvard as Harvard unsettling. It begs us to question what our use or purpose is because, in the face of 5,000 years, earning power or money here and now seems rather pointless...

Author: By Steven T. Cupps | Title: Bridging Harvard | 6/2/2009 | See Source »

...There are hints that Russia's support for Kokoity is running out. The Fatherland party has accused Kokoity of attempting to amend the constitution so that he can stay in power after his term ends in 2011. But last month the head of the Russian presidential administration, Sergey Naryshkin, advised him on national television to keep to the existing term limits...

Author: /time Magazine | Title: South Ossetia's No-Hope Elections | 6/1/2009 | See Source »

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