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General Motors' (GM) creditors have rejected a program that would have swapped most of the auto company's debt for equity, effectively driving the firm into Chapter 11. The century that began with the mass production of the Model T in 1909 and ended with the worst collapse of domestic vehicle demand in history is over. It was a 100-year period when Detroit was considered the seat of global manufacturing prowess, a period when the Big Three were among the largest, and often the most profitable, companies in the world...
Most likely, things start going awry simply due to advancing age, Agrawal says. Smoking, hypertension and diabetes are also associated with higher rates of inner-ear balance problems. Fortunately, the condition is easily diagnosable in the doctor's office: patients are asked to stand on a firm padded surface and close their eyes. Without the ability to use touch and vision to stay balanced, patients who suffer from an inner-ear problem promptly fall down. The addition of that simple test to annual physicals, Agrawal says, "would likely save millions of dollars and lives...
...have dropped; they're growing increasingly common in phones, wristwatches and even dog collars. Adventure seekers use GPS for a game called geocaching, a kind of satellite-based treasure hunt that currently boasts more than 800,000 active "caches" waiting to be found around the world. One market-research firm estimates the worldwide GPS market will total $75 billion by 2013. Scientists are continually finding new uses for GPS, as well. Meteorologists gauge wind speed and other variables by measuring satellite signals as they pass through the atmosphere; geologists study earthquakes using GPS receivers placed along fault lines; and technicians...
...work as an assistant district attorney, prosecuting violent crimes that devastate our communities. But then I joined a private law firm and worked with international corporations doing business in the United States...
...broker deals between Chinese sports companies and U.S. sports teams, is a mystery man to many in the Chinese sports world, while he's considered something of an up-and-comer in U.S. industry circles. Ganis and Huang helped Rockets owner Leslie Alexander buy a stake in Chinese sportswear firm Anta for its successful initial public offering two years ago. But that comprador work is minor compared with the Cavs deal, which would rank as the biggest international sporting investment by a Chinese-Hong Kong consortium if it goes through. "It makes sense for the Chinese to look for business...