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...Fiat, on the other hand, the sudden infusion of cash and the new chief executive's plans for streamlining management helped the Turin company begin a notable turnaround after its decade-long crisis and raised Marchionne to near mythical status in carmaking circles. Tuesday's joint statement notes that "Fiat would provide management services supporting Chrysler's submission of a viability plan to the U.S. Treasury as required. Fiat has been very successful in executing its own restructuring over the past several years...
...calendar system, which moves exams to before the break, and therefore allows for a longer January vacation. Rationally, this should make me happy—there are plenty of good reasons to make the shift, and I benefit from these changes as much as anyone else. But as I begin to plan my final intersession, I can’t help but feel a little nostalgic...
...less needed than they were last week or last month or last year. Our capacity remains undiminished. But our time of standing pat, of protecting narrow interests and putting off unpleasant decisions - that time has surely passed. Starting today, we must pick ourselves up, dust ourselves off, and begin again the work of remaking America...
...Going back several months, surveys of experts often reported that they did not think the U.S. economy would slip into a downturn until late 2008 and would begin to recover at the middle of this year. Data which has emerged in the last few weeks shows that America's GDP growth hit a wall much earlier last year. The consensus among economists now is that any recovery will begin late this year. More and more experts are beginning to push the date for any improvement well into...
...combat front, there has been surprisingly little opposition voiced in military circles to Obama's pledge to withdraw about half the 142,000 U.S. troops in Iraq within 16 months. In part, that's because Obama has said he will listen to commanders if they begin to feel the withdrawal is jeopardizing the uneasy peace there. But he has also benefited from the recently signed deal between Iraq and the Bush Administration calling for removal of virtually all U.S. troops from the country within three years...