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...spite of a deepening economic recession, College administrators maintain that the financial crisis will not derail their large-scale House renewal project—the most extensive renovation of The College’s nine river and three Quad Houses, with a $1 billion price tag. But last Tuesday, Yale University President Richard C. Levin announced that construction of two new residential colleges on that campus, in addition to other construction projects, will be delayed, citing a projected 25 percent drop in Yale’s endowment by June. University President Drew G. Faust also forecasted a similarly significant endowment...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: Economy Will Not Stop House Renewal | 3/2/2009 | See Source »

Almost from the get-go, however, Coartem's high $2.40-a-dose price tag was criticized by public-health officials and activists. Dr. Daniel Vasella, CEO of Novartis, says the company realized it was pointless to try to sell a medication to people who couldn't afford it. So in 2001 the company signed an agreement with the World Health Organization to bring the price down to $1 per dose, or just about the cost of making it. Then the drugmaker went one step further, slashing that price again, to 80 cents - in other words, taking a 20% loss. Meanwhile...

Author: /time Magazine | Title: A Better Deal on Malaria | 2/26/2009 | See Source »

...Will Know Us by the Trail of Dead (henceforth referred to as Trail of Dead for obvious reasons) released “Source Tags & Codes,” a darling album for indie rock enthusiasts. Since then, their music has been received with less than tepid ethusiasm. Some say that it was because they signed with Interscope. Some say that it was because Neil Busch, bassist and electro-noise maker, left the band. Some say that “Source Tags & Codes” was so perfect that anything that came after it would naturally pale in comparison. Whatever...

Author: By Susie Y. Kim, CONTRIBUTING WRITER | Title: ...And You Will Know Us by the Trail of Dead | 2/20/2009 | See Source »

...This plan costs the government - and the U.S. taxpayer - only a trivial amount, the operating costs. Again, it is nowhere near as complex as what the government has done so far. It carries a small price tag compared with the massive, mostly ineffectual spending that has been the basis of the current policies. (See pictures of the global financial crisis...

Author: /time Magazine | Title: A Better Bank Fix: Cut Every Mortgage's Principal | 2/13/2009 | See Source »

Among the team-building activities: "Leading the Crowd Playfully" (to break the ice), "Tag Team Climbing" (to improve cooperation) and "Kneeling Basketball" (to learn to deal with downsizing, perhaps?). But will morale really improve if the 9-to-5 crowd spends a little time bouncing around--in socks, in full view of the boss...

Author: /time Magazine | Title: Better Business Via Bouncy Castles | 2/12/2009 | See Source »

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