Word: amide
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...that the Sununus may be taking the Bush family off their Christmas list this year. John H. Sununu was a three-term governor of New Hampshire who served as George H.W. Bush's White House chief of staff for two years before he was forced to resign in disgrace amid charges that he misused government aircraft for personal trips. The family name was restored in 2002 when his son, John E. Sununu, became New Hampshire's junior senator after knocking off incumbent Senator Bob Smith in the GOP primary and then defeating popular former Governor Jeanne Shaheen in the general...
Students say that they have paid close attention to political news amid the longest campaign season in memory and an election that many pundits have termed pivotal. Eighty two percent of respondents said they receive updates about the campaign at least a few times per week, with more than half of those following the news from the campaign trail on a daily basis...
...past, the IBMs and GEs of the world have not had to worry about underfunded pensions," says Williams. Now, though, successful firms with undervalued obligations may have to accumulate additional cash, amid the credit crunch, just to prop up their pension accounts. That's in part because evolving accounting standards - including those established in the Pension Protection Act of 2006 - prevent companies from getting too far underwater on their obligations to retirees. Public pensions have also been hit hard. State and local governments' pension funds support some 27 million Americans, and many have lost a fifth of their value this...
...Detroit Carmakers Cry for Help Amid talk of a merger with Chrysler, General Motors is lobbying federal officials for sizable financial assistance. In addition to the $25 billion in government loans promised to the industry in an energy bill for production of fuel-efficient vehicles, GM's lending arm, GMAC, is exploring ways to access funds in the $700 billion federal-bailout package, while the company reportedly is also seeking cash injections to cover potential merger costs. GM and Chrysler employ more than 200,000 U.S. workers and support many more jobs in the auto-parts and sales industries...
...forecast for the 2009 fiscal year to $5.2 billion, a 19% decline compared with FY2008 results. Sony announced that its profit dropped 72% in the first half of the year. Help may be on the way. But Aso must convince a divided Japanese parliament to pass his stimulus package amid growing skepticism that it will be too little, too late...