Word: fiat
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Dates: during 2000-2009
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...groups compete with one another to influence campus opinion and—if possible—the world at large. The UC should leave political advocacy to these groups and let the debate play out in public discourse rather than proclaiming the view of a diverse student body by fiat. The UC’s comparative advantage as a student government lies in the realm of petitioning the administration on behalf of students and providing student services. It should confine itself to those areas where it has a clear role and can make a difference, instead of squandering its power...
...tanks with ethyl alcohol, or ethanol, which is one of two fuel options used in a new generation of Brazilian cars called Flex. The cars work like traditional vehicles but can run on either gasoline or ethanol derived from sugar cane--a commodity in abundance in Brazil. Volkswagen, Ford, Fiat and GM all produce Flex lines. In May sales of Flex vehicles overtook gasoline models for the first time. By August, Flex sales had risen 61.7%. "I am hard pressed to think of any other technology that has been such a success so quickly," says Barry Engle, president of Ford...
...Today's biggest deals are three times as large, and several private-equity groups are poring over at least one transaction involving a telecommunications firm in Spain that is worth more than $12 billion. One reason Europe is attractive: such huge firms as electronics giant Siemens, automakers DaimlerChrysler and Fiat and the French media company Vivendi Universal have shed operations they deem no longer core to their fundamental business. Also, investors have been buying medium-size companies whose family owners are looking to sell. Once the Americans take over, they move fast, prodding the firms to make their operations leaner...
...resigned. Heseltine was angry over Prime Minister Margaret Thatcher's refusal to ensure that the country's only helicopter manufacturer, troubled Westland (1985 losses: $137 million), would remain entirely in European hands. Connecticut-based United Technologies Corp., which owns the helicopter maker Sikorsky, has together with Italy's Fiat offered $105 million for a 29.9% share in Westland...
...issue was the rescue of Westland, Britain's only helicopter manufacturer, which lost almost $140 million last year. The company's board of directors favored a bailout bid by Sikorsky, a division of United Technologies Corp. of Hartford, Conn., in conjunction with Italy's Fiat. Heseltine, fearing an erosion of Britain's industrial competitiveness, had promoted a rival rescue plan through an all-European consortium that included British Aerospace (1985 sales: $3.6 billion). The Thatcher government professed to be neutral, but Heseltine and others charged the Prime Minister with favoring...