Word: clocking
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...Germany and the U.S. will renew efforts to thrash out a deal at a meeting set for Friday. But the clock is ticking. GM has until June 1 to present the U.S. government with a convincing restructuring plan, or it will be forced into insolvency. That would further complicate any effort to save GM's Opel and Vauxhall plants. (Read "Government Motors: Can a Reinvention Really Save...
...uses a "constellation" of 24 satellites orbiting 12,000 miles high, each circling the globe every 12 hours. The 2,000-lb satellites broadcast radio signals to Earth with information about their location and the exact time the signal was transmitted (each satellite carries an atomic clock). By calculating the difference between radio signals received from four or more satellites, GPS receivers on the ground can determine their own location, speed and elevation with great accuracy - usually within a few meters or even less. Satellites are regularly replaced as they age and fail; there are currently more than...
...what-you-kill culture and deep dive into mortgage securities sowed the seeds of its demise--but the real draw is the book's surgical detail. The day Bear sold itself to JPMorgan Chase for a paltry $2 a share, its CEO, worn down by round-the-clock negotiations, stood in a Starbucks and softly cried as he waited for his coffee. Street Fighters won't hold up as the most comprehensive history of how high finance fell apart in 2008. But it may be remembered as the most human...
...rites have dwindled in many towns, they remain strong at Arlington National Cemetery. Since the 1950s, on the Thursday before Memorial Day, soldiers of the 3rd Infantry Division have placed American flags at each of the more than 260,000 graves there. During the weekend, they patrol around the clock to make sure each flag remains aloft. On the holiday itself, every year about 5,000 people turn out to see the President or Vice President give a speech and lay a wreath at the Tomb of the Unknown Soldier. And other Americans are encouraged to observe in a more...
...First Lady to make Maxim's hottest-women-in-the-world list. (She's No. 93; it probably wouldn't be proper for a First Lady to come in any higher.) Cameras with lenses that can count her pores from three states away are trained on her around the clock. Former East Wing veterans marvel at the lovesick coverage she gets: when Oscar de la Renta questions her fashion sense - "You don't ... go to Buckingham Palace in a sweater" - the response is, essentially, Well, what does he know? This is what a paradigm shift looks like. (See pictures...