Word: bankrupting
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...Nestled just north of Alençon, the new factory site is a sign Appli'Plast and its 45 employees have cause for optimism. Since taking it over in 1995 as a bankrupt business creating plastic manufacturing molds, Lenoir and Appli'Plast manager Jacques Vaillant have transformed the company into a producer of plastic components and accessories. End clients include carmakers Ford, Renault, Nissan and Opel, as well as appliance manufacturers. Unlike many small- and medium-sized businesses in France, Appli'Plast refused all financial aid offered by local and regional governments, says Lenoir. It has also not exploited...
...barely through the door when one patron noted, loudly and to no one in particular, “Rembrandt went bankrupt! That’s too bad.” I quickly moved to a self-portrait, where an old man stridently lectured his wife on the finer points of the painting. This was just the beginning...
...ATSB helps United Airlines, a bankrupt legacy airline that in some ways is a big version of US Airways, the argument may get political. There are 62,174 jobs on the line, not to mention a lot of potential votes. United has spent the past year lining up political supporters around Washington, including Congressman Dennis Hastert, the House Speaker...
...Another inefficient carrier, US Airways, got nearly $1 billion--the government's largest aid package--and stayed inefficient. US Airways is in such poor shape that some analysts expect another bankruptcy. With the government's big-airlines record at 1-1, the issue of federal assistance is looming again. Bankrupt United Airlines will, for the second time, soon ask Washington for an aid package, this one totaling $1.8 billion...
...Cheung Kong and sister company Hutchison Whampoa. In addition to property, Hong Kong's biggest conglomerate controls third-generation mobile-phone networks in Europe as well as the world's largest port operation. In Hong Kong, the Lis run telecom networks, supermarkets and pharmacies. Victor also won control of bankrupt Air Canada last month with a $490 million investment...