Word: carred
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...companies have begun a shopping spree triggered by their access to cash and an eye to assets in other parts of the world beaten down by the recession, the fight over whether some assets are "too big to be bought" is heating up. There have been rumors that Chinese car companies might bid for auto brands in the U.S. and Europe. China's sovereign fund may be a bidder for AIG's (AIG) huge airplane lease division ILFC...
...Administration is starting to face some resistance in Congress about its plan to put General Motors (GM) into Chapter 11, using Treasury money to sustain the company as it works its way back to profitability. The government put another $4 billion into the car company on Friday. In the process of a government-supported bankruptcy, $27 billion in bondholder capital will probably become worthless, GM workers will be laid off and hundreds of dealers will be closed...
...Obama Doin'? In his first 100 days, President Barack Obama has had to address such issues as torture, pirates, increasing unemployment, trouble in the Big Three car companies and corruption on Wall Street [May 4]. And yet for the first time in a long while, I have seen Americans begin to have hope for a stronger America. Congratulations, Mr. President, for giving Americans something they were seeking and sorely lacking. Anthony P. Johnson, Philadelphia...
...Gist: That iPhone in your pocket? That's for sex. As is pretty much everything you've ever bought, from the car you drive to the T shirt you wear - or so says evolutionary psychologist Geoffrey Miller. From mating to marketing, Miller explores how everyday consumer choices subtly - and sometimes not so subtly - reveal society's misguided attempts at projecting four central traits (intelligence, conscientiousness, openness, agreeableness) to attract sexual partners. (See how Americans are spending...
...most theft-worthy holdings, of course, are the big guns: the Declaration of Independence and U.S. Constitution. But would-be thieves have their work cut out for them. Both documents-which were transported from the Library of Congress to the Archives in 1952 via armored car-are displayed in hermetically sealed cases filled with inert argon gas. They are periodically inspected for damage with help from an electronic imaging monitoring system created by the Jet Propulsion Laboratory-the same folks who send rockets to the moon. On view in the historic Rotunda for the Charters of Freedom, they are also...