Word: bankrupts
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Dates: during 2000-2009
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...possible export (although not to North America, where autoworkers would probably object). GM and Volkswagen export small quantities too, such as Chevy Venture minivans to the Philippines and Polo compact cars to Australia. A Chinese supplier, Wanxiang Group, is reportedly even negotiating to buy some assets of the bankrupt U.S. partsmaker Delphi...
...quickly becoming more popular than traditional film. It's that his tools?an 8 inch by 10 inch box camera, silver-emulsion film, and fiber-based paper?are virtually extinct. "The materials I use are becoming endangered species," he says. "A few months ago, my paper maker went bankrupt. I'm negotiating with the new owner to see if they are going to keep making my type of paper if I order enough per year. Kodak stopped making the kind of film I use several years ago, so I have had to search for new makers. Some Baltic countries still...
...down GM factories at a cost of $2 billion a month, causing GM to burn through its cash reserves at a deadly clip. "A strike could push them over the edge," says Steven Szakaly, an economist with the Center for Automotive Research. Unions representing Delphi workers have described the bankrupt company's latest offer--cutting wages from an average $27 an hour to $10.50 for production staff--as "insulting," and U.A.W. chief Ron Gettelfinger has described Delphi boss Robert Miller as a "rogue." The U.A.W. last week filed a protest in bankruptcy court over a Delphi compensation plan that would...
...cash, he had to cut back funding for Palestinian schools and hospitals, students' tuition and widows' pensions in the occupied territories, which hurt his popular support. The militant fundamentalists of Hamas were winning converts and beating his candidates in elections for chambers of commerce, labor unions and student organizations. Bankrupt, dismissed by some U.S. officials as a spent force, Arafat needed Rabin. And in turn Rabin needed the Chairman. Like Arafat, Rabin had not intended to make a life of soldiering; he too wanted to go to the U.S. to become an engineer. But he had earned a reputation...
Archdiocese May Go Bankrupt Unless it is helped by faithful parishioners, the Catholic Archdiocese of Santa Fe, New Mexico, may have to file for bankruptcy. The archdiocese is burdened by heavy legal fees resulting from dozens of sexual-molestation accusations brought against its priests. Victims are demanding settlements that total nearly $50 million...