Word: cutting
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...presented the plans, Marchionne said that Chrysler's financial position is now stronger, following its trip through bankruptcy and a dramatic restructuring that cut more than 18,000 salaried jobs. One benefit: Chrysler's cash reserves have increased from $4 billion to $5.7 billion since the company emerged from bankruptcy in June. "Chrysler was actually profitable on an operating basis in September," Marchionne said as he opened the meeting outlining Chrysler's 2010 to 2014 business plan...
...addition, the new Chrysler is incredibly cheap. We're working at conserving cash," he said. Scott Garberding, the head of manufacturing, added that the goal is to cut operating costs by 8% and boost productivity by 10%. "We're eliminating every form of waste," he said. Chrysler also plans to share more suppliers with Fiat. "It allows us to create joint savings," said Garberding...
...legislation, which would use a cap-and-trade system to cut greenhouse emissions by 17 percent by 2020, was approved by the House of Representatives in June...
...only "cautiously optimistic" that he has the votes to simply bring the bill to the floor - under a normally non-controversial "motion to proceed" - and is still at least several votes short of 60 on the more serious subsequent procedural vote, known as cloture, that would be needed to cut off debate. (See 10 health care-reform...
...past few months, and she says their behavior is often rude. "I would be talking to Rubina, but she will talk to someone else or do something else, her body language making it clear that she has no interest in what I am saying. Azhar will often cut in rudely while I am talking to his mother, trying to get her away from talking to me." Shamim maintains that Azhar's rudeness is just "immaturity." She says, "He is finding it difficult to cope with his father's death. That is why he has been inattentive at school and sometimes...