Word: bidness
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Thousands of Opel workers in Germany are breathing a huge sigh of relief after the last-minute deal to rescue GM's European operations. German unions had always supported Austrian-Canadian company Magna International's takeover of GM Europe, wary that the rival bid from Fiat was just an attempt, as one union official put it, to "pinch German engineering." The unions regard Magna as an innovative company that put forward the best plan to secure the long-term future of Opel. At the carmaker's headquarters in the town of Rüsselsheim near Frankfurt, workers were hugging friends...
...league foes like Clarkson and St. Lawrence devolved into a 17-game winless streak that lasted from November until early February. A strong performance in the Beanpot and a string of late-season wins seemed to indicate that the Crimson had a shot at the ECAC Championship and a bid to the NCAA tournament.But the seemingly miraculous turnaround screeched to a sudden stop with a first-round loss to Brown in the ECAC Championship tournament.“This season was obviously a disappointment for us all,” incoming captain Alex Biega said. “I think...
...heavyweight crew team is back where it ended last season—at the NCAA Championships. The 2009 season held its share of losses to perennial rivals, but the Black and White saved some of its most competitive racing for May and managed to earn a bid to Camden, New Jersey.In addition to the victories on the race course, four rowers—sophomore Olivia Coffey, incoming co-captain Laura Huppert, senior Esther Lofgren and captain Anna Kendrick—were named to the All-New England team while coach Liz O’Leary took home the honor...
...disappeared. Playing against Columbia in the season finale on Nov. 8, junior defenseman Lizzy Nichols scored on a penalty kick with nine seconds left on the clock in double overtime to give Harvard a 2-1 win and clinch the Ivy League title—and the automatic bid to the NCAA Tournament that comes with it. “It’s kind of amazing,” junior goaltender Lauren Mann said. “[Winning an] Ivy League championship is something that every Ivy League team strives to do, so the fact that...
...Austrian billionaire Frank Stronach, whose Magna group is a major worldwide supplier of components to GM. Stronach has teamed up with Russian carmaker OAO GAZ Group and the state-controlled Russian financial group OAO Sberbank. Russian Prime Minister Vladimir Putin has been lobbying Merkel to support the Magna bid. Stronach told reporters on the sidelines of Wednesday's meeting in Berlin that Magna "could run Opel as a global brand." (Read "Can Americans Learn to Love Fiat? Chrysler Hopes...