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...surprisingly, the yuan agreements have so far drawn an indifferent response from the private sector. Intel, the world's largest semiconductor maker, has manufacturing facilities in both Malaysia and China. Yet so far Intel hasn't used the currency-swap facility Malaysia has in place with China. Much of Intel's internal trade is still transacted in dollars, according to Loo Cheng Cheng, a Penang-based corporate-affairs executive with Intel. According to Citigroup's Chua, companies in South Korea, which was the first to sign a swap facility with China, have so far also declined to utilize it. Indeed...
...details in the film drawn directly from your Adventureland experience? I took some artistic license, and pulled things from different periods of my young life. As we were taking the project to studios, many wanted me to make it contemporary, but I thought that was precisely what made it funny - to dredge up all these specific old memories, and to recreate them. I love that it's set in a different time period, when James would take this all way too seriously, shocked that all these games are rigged at the amusement park. And I love that this college...
...remarkably low in relation to the total number of complaints, Amnesty says getting similar data from other countries is just as difficult as in France - making it impossible to compare that French record with other nations. But "even if there were comparative reports, we'd contest the conclusions drawn in this one as woefully incorrect," says Dider...
...years. Most of that deficit can be accounted for in retiree health and pension benefits - which means that one way or another, the hundreds of thousands of UAW retirees are probably going to get a lot less health coverage. The outlines of a plan are likely to be drawn up by Bloom, a pioneer in the voluntary employee beneficiary association (VEBA) approach. In a VEBA, the union agrees to accept a cash payment to fund a new health-care system that trustees administer, thus taking future liabilities off the company's books. That's what happened at Ford, where...
...move sure to spark outrage, the White House announced today that GM and Chrysler must cease participation in NASCAR at the end of the 2009 season if they hope to receive any additional financial aid from the government. Companies around the globe - Honda and Audi, to name two - have drawn down racing operations, and NASCAR itself has already felt the pinch in the form of reduced team spending. A complete withdrawal from America's premier racing series is expected to save more than $250 million between GM and Chrysler, a substantial amount considering the drastic measures being implemented elsewhere." [April...