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...future loan guarantees. The German government also made it clear it wouldn't stump cash for any other bidder. Some politicians accused Merkel of "blackmail" and warned that her government's support for Magna could backfire. Initially, GM had serious reservations about Magna's offer and seemed to favor a rival bid by the Belgian-based investor, RHJ International. One GM official said RHJ's offer was "simple and elegant." In particular, GM was uncomfortable with a Russian company getting its hands on Opel's technical expertise and patents...

Author: /time Magazine | Title: GM Accepts Canadian-Russian Bid for Opel | 9/11/2009 | See Source »

...audience like a bunch of third graders, Obama spoke candidly about the public option, tort reform, and acrimony in Washington. He hit all the right notes when speaking about the proper role of government in America, dropping his Post Office versus FedEx analogy to justify the public option in favor of a comparison that likens the public option to public universities...

Author: By Clay A. Dumas | Title: So You Think You Can Shout | 9/11/2009 | See Source »

...edge.”The head coach also noted that Harvard may have more than one axe to grind this weekend, adding, “The last time we played GW they defeated us for third in the Eastern Championships, and we’d like to return the favor.”With emotions running high, the Crimson will rely on its veterans to maintain composure in the pool. Atkinson and junior Jeff Lee have provided a strong presence on offense, tallying three goals apiece last weekend, while senior Nikhil Balaraman has been steady in goal.Balaraman and sophomore Alex...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Crimson Looks for Fresh Start in N.J. | 9/10/2009 | See Source »

...push the most ambitious undertaking of his presidency toward a goal line that is in sight and yet still out of reach, the instant polls suggested he had indeed made some headway. In a national survey by CNN, 2 out of 3 of those watching said they might favor his health-care proposal, which was a 14-point jump from before the President gave the address on Sept. 9 to a packed House chamber. But as Bill Clinton - or his wife, the Secretary of State, who was sitting in the front row - could tell Obama, it's best...

Author: /time Magazine | Title: Obama's Health-Care Challenge: Keeping the Focus on the Larger Goals | 9/10/2009 | See Source »

...they refused, McDonald's took the Suppiahs to court, winning the first legal battle, in which the court ordered them to take down the Mc prefix from their signboard. The couple complied, but urged by friends and patrons, they appealed to the Court of Appeal, which decided in their favor in April this year. That court ruled that McDonald's claim on the Mc prefix had no merit and that since McCurry exclusively sells Indian food, the corporation did not suffer any loss of business from the smaller eatery. McDonald's then applied for leave to appeal to the Federal...

Author: /time Magazine | Title: McCurry: the Indian Eatery That Beat McDonald's | 9/9/2009 | See Source »

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