Word: delphi
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...decline, which goes back to the energy crisis of the 1970s, has been accelerating lately, compounded by competition from Japanese and Korean brands, another burst of high gasoline prices, the bankruptcy of its largest parts supplier, Delphi, in Troy, Mich., and perhaps most critically, a glut of SUVs and sedans. For all those reasons, Wall Street is discounting GM's chances of survival. Bearish analysts say there's a 40% chance the company will go bust in a couple of years. "The forces working on the auto industry--not just on GM--are gigantic," says Gerald Meyers, a former chairman...
What really scares Wall Street is the prospect of a Delphi strike. Goldman Sachs estimates that a Delphi work stoppage could shut down GM factories at a cost of $2 billion a month, causing GM to burn through its cash reserves at a deadly clip. "A strike could push them over the edge," says Steven Szakaly, an economist with the Center for Automotive Research. Unions representing Delphi workers have described the bankrupt company's latest offer--cutting wages from an average $27 an hour to $10.50 for production staff--as "insulting," and U.A.W. chief Ron Gettelfinger has described Delphi boss...
...this year. Two major U.S. airlines--Delta and Northwest--turned to bankruptcy court to cut costs and delay pension-fund contributions. This followed earlier bankruptcy filings by United Airlines and USAirways, both of which jettisoned their guaranteed pension plans. Then on Oct. 8, the largest U.S. auto-parts maker, Delphi Corp., filed for bankruptcy protection, seeking to cut off medical and life-insurance benefits for its retirees. Delphi's pension funds are short $11 billion. To Elizabeth Warren, a Harvard law professor who specializes in bankruptcy, this is just going to get worse, as ever more companies see the value...
...even ancient Rome had its shamuses. Falco wisecracks his way through the empire's sleazy underside to provide amusing lessons on the way crime, greed and cover-ups were endemic even in 70 B.C. In the 17th Falco novel, See Delphi and Die, the Eternal City's original tough guy takes on the tourist industry. (Rome invented that too.) Davis' crimes are wickedly convoluted, but Falco's facetious tongue and domestic complications are the real...
WHAT'S NOT You'll get a workout lugging it around: the unit weighs 13 1/2 lbs. You'll also need a separate tuner, the Delphi Roady (good for the car too), which adds $120 to the cost and detracts from a sleek design...