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...Last year, its profits sank nearly 30%. And it's been a wipeout for investors: Harley-Davidson's stock price has plunged nearly 70%, to $11.96 a share in mid-February, from $37.34 a share one year ago. Americans haven't lost reverence for Harley-Davidson, but a key problem is that people are simply less willing to spend money on luxury items. Overall motorbike sales fell 7.2% last year, according to the Motorcycle Industry Council, an Irvine, Calif., trade group. (See pictures of the world's most expensive motorcycles...

Author: /time Magazine | Title: Harley-Davidson Tries to Rejuvenate Its Business | 2/18/2009 | See Source »

...game to overtime, however, the Crimson had to claw its way back from a sluggish start.Both teams traded missed opportunities in the game’s opening minutes, and while Harvard got a power-play chance with six minutes left in the first, the team failed to convert, a problem that would follow it for the rest of the evening.“I don’t think we really got it going,” Stone said of the power play. “We draw people to us, and that’s when you need...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Harvard Loses in Overtime to UNH | 2/18/2009 | See Source »

...known as both a fierce negotiator and a creative problem solver who helped shepherd the steel industry through a painful transition period. His knowledge of the financing, as well as the labor, side of negotiations is thought to be the reason Obama tapped him to be an adviser on auto issues...

Author: /time Magazine | Title: Ron Bloom, Obama's Car Non-Czar | 2/18/2009 | See Source »

...Obama is keenly aware of the limitations on what his reinforcements can achieve. "I am absolutely convinced that you cannot solve the problem of Afghanistan, the Taliban, the spread of extremism in that region solely through military means," he told an interviewer on Tuesday. But more troops are needed simply to arrest and begin to reverse a perilous slide in NATO's fortunes in Afghanistan. (See "Hidden Afghanistan...

Author: /time Magazine | Title: Obama's Yes-We-Can War: More Troops to Afghanistan | 2/18/2009 | See Source »

...with time running out, the Obama Administration has decided to take the old-fashioned approach. Instead of creating a post with a big title and vague powers to deal with the problem, the elected President and his ample bureaucracy will decide what's next for the cash-strapped industry. (See pictures of the remains of Detroit...

Author: /time Magazine | Title: Saying No to a Car Czar: A Smart First Step on Detroit | 2/17/2009 | See Source »

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