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...this pie-in-the-sky is Globalstar, based in San Jose, Calif. The company, which will build a rival constellation of 48 satellites 879 miles up, was founded by Loral Space and Communications and by Qualcomm, a leader in cellular technology. Its European partners include France Telecom, Daimler-Benz Aerospace and Britain's Vodafone Group. Globalstar's plan is much less expensive than that of Iridium, which has built intelligent satellites that route calls among themselves, sometimes halfway around the planet. That kind of smarts makes for a system that's more flexible but more expensive and time-consuming...
...request of Rees-Jones' French attorney, investigating Judge Herve Stephan ordered a technical report on the air bags last December. The resulting document is inconclusive but does not rule out this hypothesis. Sources close to Rees-Jones say his lawyers may be preparing a damage suit against Mercedes-Benz based on this possible malfunction...
...Princess Diana has done nothing else in the past year, it has kept a lot of lawyers very busy. The official crash investigation is far from over, and investigators will soon be hearing from the manager of the Paris Ritz. Trevor Rees-Jones is considering a suit against Mercedes-Benz over airbags that may have exploded too early. And fellow bodyguard Kes Wingfield is to take Mohammed Al-Fayed to an industrial tribunal next week, claiming he asked Wingfield to back up his views that Di and Dodi died at the hands of a conspiracy -- and forced him to quit...
What is being highly acclaimed as a "merger" between Daimler-Benz and Chrysler [BUSINESS, May 18] is far more ominous. A close look reveals the disturbing truth. The new company will be incorporated in Germany. After a three-year transition period of co-chairmanship, a single chairman will take charge of the company. That chairman, you can wager, will come from Daimler-Benz. In short, Chrysler has been "bought" by Daimler-Benz. As a result, another great name in America's manufacturing history will gradually fade into oblivion. With only two American auto manufacturers left, we are at risk...
...lawsuit against Microsoft asks "that the plaintiff recover the costs of this action" -- in other words, that Bill Gates cough up for Klein's legal fees. But the AAG's point is well taken: When billion-dollar corporate lovefests like Travelers Group-Citicorp and Daimler Benz-Chrysler seem to take place every other day, and the responsible watchdog's budget has not been adjusted for inflation since 1993, it's time to pass the hat. Still, as anyone who has tried to navigate www.usdoj.gov/atr knows, the first thing Klein needs is a new webmaster. Perhaps Redmond could help...