Word: spending
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...would certainly help. Once GM sets up a VEBA, Ford will probably follow. Chrysler, which became a privately held company in August and has far fewer retirees, has so far balked. "It's not our issue," says a Chrysler official. The companies can use the freed-up cash to spend on developing and selling better cars to take on Toyota, which this year surpassed GM in sales. But that's in the long run. In the short run, funding the trust could put carmakers in a tighter cash squeeze unless they raise the money by floating stock or issuing debt...
...business experience under their belts. Harvard Business School (HBS) last week unveiled a new, first-of-its-kind program that allows college juniors to apply to its Masters in Business Administration (MBA) program. Students accepted to this “2+2” deferred admissions program will spend two years after graduation working, and then matriculate to HBS for a regular two-year MBA. HBS plans to support admitted 2+2 students by helping them find jobs and organizing networking events and summer programs during their two years of work experience.The hope of the 2+2 program, according...
...Friday September 21st at 7 p.m. Avalon, Landsdowne Street, Boston. $20. 3) t’s a Hillel of a Day for a Barbecue Harvard Hillel will host a barbecue on the MAC Quad this Sunday. Enjoy good food and the musical stylings of four local student bands. Spend some time in the nice weather while it still exists! Sunday September 23 from 4 to 6 p.m. Malkin Athletic Center 4) Y’all Love the Equinox...a Lot It’s the autumn equinox, and everyone knows what we do to celebrate...
...father plans to celebrate his 90th birthday next month. Instead of continuing the line of optometrists in the family, Galanter originally planned to spend his days on the links. "I was in line to become a professional golfer," he says. "I probably grew up in the only Jewish family whose parents did not want their son to become a doctor or lawyer." But O.J. is probably glad Galanter didn't choose to swing clubs for money...
...Wednesday the Senate fell four votes short of passing a bill mandating that U.S. troops be allowed to spend as much time at home as they do on deployments to Iraq and Afghanistan. The defeated proposal, which also failed in July, addresses a genuine problem: Throughout Iraq you meet soldiers and Marines whose personal lives have been strained, sometimes to the breaking point, by their long and repeated deployments...