Word: closing
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Dates: during 2000-2009
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Motorola (MOT) is another American business iconic brand which is close to the point of extinction. The company's core handset business has been flailing for close to two years. One CEO was fired over a year ago, but now the firm has two CEOs. One of them was to run the handset businesses after it was spun-off from the main company. That process has been delayed and may never happen. Motorola lost $3.6 billion in the fourth quarter of last year. For that quarter, revenue from the company's handset unit dropped by over half Several members...
...complete the Rohm deal? Did anyone ask how the M&A transaction would be financed absent the Kuwait joint venture? Rohm has now fairly taken Dow to court and insisted that the deal be completed. It has pointed out that Dow has access to the capital necessary to close. That capital may be expensive, but the legal and ethical obligations are clear. Dow CEO Andrew Liveris has quickly developed a reputation as a man who can't be trusted. That has already started to rub off on the board...
...that is why Tom Daschle had to go. If he hadn't jumped, Obama would have had to push him, even though Daschle was a mentor and close friend. It wasn't just the unpaid taxes. And it wasn't just that two other Obama Administration officials had neglected to pay their taxes as well. It was the lifestyle, and the choices Daschle made. It was that he had given speeches worth $200,000 to health-care-industry groups that he would have had to regulate as Health and Human Services Secretary. It was that he made $5 million...
...Jeanne Lambrew is widely respected for her policy knowledge, no one still there has Daschle's savvy and connections for shepherding legislation through the Senate, where the likes of Ted Kennedy and Max Baucus have their own strongly held notions of what reform should look like. His stature and close relationship with Obama also would have helped fight the impulses of some in the Administration - including chief economic adviser Larry Summers - to delay the push for health reform until after the economy gets fixed...
...sake of Russia's own security. But Russia will extract a geopolitical price for its cooperation - and the resulting bargaining process could be lucrative for those caught in between. That's the message of Tuesday's bombshell dropped by Kyrgyzstan: President Kurmanbek Bakiyev ordered the U.S. to close down an air base in his tiny central Asian country that is used to provide key air support for NATO forces in neighboring Afghanistan...