Word: closing
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Dates: during 2000-2009
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...mission. In the deal being cobbled, GM's stockholders will be wiped out, replaced as equity owners by the Treasury Department, with 70%, and the United Auto Workers (UAW), with 17.5%. GM's business in Europe, Opel, will be sold. As many as 14 U.S. factories are marked to close. The iconic Pontiac brand is probably finished. Under a new labor agreement with the UAW, GM's hourly domestic workforce, which numbered 600,000 at its peak, will drop to 40,000. In other words, 14 of every 15 GM jobs have vanished in roughly a generation. And the ripples...
...Europe for weeks, meeting on both sides of the Atlantic with key politicians, unions and investors. Fiat recently acquired Chrysler and now wants to merge GM's European business into the Fiat-Chrysler group to create one of the biggest carmakers in the world. His plans to close plants in Germany and Italy have been roundly condemned by powerful German governors and the IG Metall trade union. A Chinese carmaker, Beijing Automotive Industry Corp., is expected to detail its own plan for Opel next week. (See the 50 worst cars of all time...
...attention needs to be paid to the long-term health risks of maternal obesity for both mother and child, and that these concerns are far more important than any gestational weight-gain chart. Artal runs a clinic specializing in obese and overweight pregnancies and has found that, under the close guidance of dietitians and physicians, about half of his oversize patients put on little to no weight and deliver healthy, normal-weight babies. "Obesity leads to lifelong problems that this committee still fails to recognize the full importance of," he says. "They remain much more concerned about not-sufficient weight...
...barring a big surprise, most people expect Sotomayor to be on the court when it opens its next term in October. The Democrats already have 59 votes in the Senate. And Sotomayor isn't a barn-burning leftist. She tends to write narrowly crafted rulings that focus on close application of the law. She resists rhetorical flourishes and sweeping philosophical statements. Altogether, she's a liberal jurist who will be replacing another mostly liberal vote on the court, David Souter, which means her arrival there won't do much to change the ideological balance. (See pictures of Sotomayor's career...
...begin to understand the situation, the outside world should start by ignoring the standard cliché from the two governments that they are "as close as lips and teeth." Over the years, says Bruce Klingner, a senior analyst at Washington's Heritage Foundation and a former deputy chief for Korea in the CIA's Directorate of Intelligence, the agency's analysis section, "the talk in both capitals about the other has often been pretty scathing." Even during the Cold War, Kim Il Sung, Kim Jong Il's father, would routinely play the Soviet Union and China off each other...