Word: auto
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Dates: during 2000-2009
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...billion. The deal creates the world's second-largest brewer. On the road again Italian banks agreed to help refinance Fiat's chronic 16.6 billion debt to keep it from junk status. But Fiat's problems continue, and the controlling Agnelli family admitted it may need to sell the auto division. The Norse force Norway's largest bank, Den Norske Banke, agreed to buy the country's top insurer, Storebrand, for $1.96 billion in cash and stock. The deal should help fend off foreign predators. Pump up the margins France's Michelin will sever ties with the European...
...Roebuck & Co. announced it will buy preppie-apparel maker Lands' End for $1.9 billion in cash. Both stocks moved up on the news--a rarity at a time when investors are justifiably wary of big mergers. Executives of the two companies emphasized that Sears, now strongest in products like auto batteries and wrench sets, will get a chance to revive its tired apparel department while Lands' End, which has thrived as a catalog and online merchant, will get to hang its wares in 870 Sears stores across the country...
...Tokyo's Science University by Hiroshi Kobayashi, whose previous research focused on lifelike robotic faces, this Lycra suit employs tiny air canisters to inflate rubber muscles that boost the strength of the wearer's actual muscles. Pressure sensors detect the wearer's movements and direct the suit accordingly. AUTO SECURITY Remote Control Car thieves beware. A student in Bangalore, India has devised a system that can remotely immobilize a car after it has been stolen. The N-S Aero-Stop uses a transmitter and antenna to send a signal to an onboard device that shuts down power to the engine...
...Allstate Insurance Company has recently discovered a way to avoid these pesky restrictions. In 1999, the company fired a group of 6,400 home and auto insurance agents, 90 percent of whom were over the age of 40. Allstate then offered them the possibility of getting rehired as “independent contractors,” with slightly higher pay but a significant loss in health and pension benefits. What’s more, the company required the “independent contractors” to waive their right to sue Allstate for, among other things, age discrimination. The message...
...Lowdown: A perfect contrast in style - one is the quintessential Neanderthal male, rugged and tough, with a closet full of sweatpants, while the other is a former auto mechanic. The crowd will most definitely be on Chyna's side, though they may also demand their $4.99 back from her own Playboy spread. (Isn't doing that supposed to boost one's career?) Remember, everyone, wrestling is not fake, it's staged. And the the end of this match, Buttafuoco will be mumbling the same while he's picking up his teeth. Fearless Prediction: Chyna in Round 3 Links: • Joanie...