Word: fire
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...company put Saab, Opel, Saturn and Hummer up for sale, then killed Pontiac. (Marchionne promptly entered fire-sale bids for Opel and Saab.) As the expected bankruptcy filing approached, plans were under way for a complicated stock deal that would render existing shares essentially worthless. Secured bondholders were being offered full payment in new company stock, while others were being told to expect far less...
...When, in a recent conversation, I noted that he seemed gleefully outspoken these days, Gates offered a twinkly smile and said, "What are they going to do, fire...
...gone "down market" with inexpensive instant coffee. It offers combinations of food and coffee as part of a new breakfast menu. But, so far, the only thing that has helped keep Starbucks earnings at anything other than a dismal level is its ability to close stores and fire people...
...made his choice account for much of this reality. Democrats have a solid majority in the Senate, and Obama is seeking to replace one reliably liberal vote with another, meaning the balance of the court will not shift, lowering the stakes. And the social issues that used to fire up the right when it came to judicial disputes have lost some of their power, with the economy in the dumps and younger citizens drifting toward the left...
...Baghdad Friendly Fire An American soldier who had recently been referred for counseling allegedly gunned down five fellow service members at a combat-stress clinic on a U.S. military base. A communications specialist from Texas on his third tour in Iraq, the suspect, Sergeant John M. Russell, 44 (pictured), was charged with five counts of murder and one of aggravated assault in the U.S.'s deadliest soldier-on-soldier attack of the Iraq...