Word: headings
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...auto industry crisis was beginning to look complicated, the latest news from Chrysler is sure to make it a head spinner. The deal announced this week not only gives Italy's Fiat S.p.A. a flexible stake in Chrysler, but turns the ultimate control of the automaker into the financial equivalent of a five lane roundabout...
USCAP called for a 42% reduction in U.S. carbon emissions by 2030 from 2005 levels, along with subsidies for coal plants that can capture CO2 and a market board to administer carbon offsets. And on Jan. 15, the leaders of USCAP - including GE head Jeffrey Immelt and DuPont chairman Charles Holliday - visited Capitol Hill to pitch their carbon-cutting blueprint. With Bush out of the way, it almost seemed likely. (See TIME's "Innovators of Renewable Energy...
...where does that leave the green movement's prospects? "I don't think we can afford the luxury of pessimism or optimism," says Tim Flannery, an Australian scientist and the head of the Copenhagen Climate Council. "It's time to work." But under Obama, environmentalists can't just settle for acts that feel good - this time, they have to deliver the goods...
...strapped shoppers in the U.S. and Europe will exercise their credit cards. HSBC estimates China's exports could contract by as much as 19% in the first quarter of 2009. "The international financial crisis is deepening and spreading, with continuing negative impact on the domestic economy," Ma Jiantang, the head of China's statistics bureau, told reporters...
...Rather than increasing the set week to 37, 39, or 40 hours - and have to raise fixed salaries proportionally - it's more logical to stay at 35 hours, and go beyond or below it with affordable extra-time as demand surges or decreases," says Zenevre, who is also head of the Lorraine regional section of France's General Confederation of Small- and Medium-Sized Businesses, the nation's largest employer category. "This flexibility is particularly valuable with the recession setting in and really disrupting demand...