Word: jointly
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Forced to lower its dues because of the financial crisis, the Porcellian Club will have to lease the Bike Room to a local business. The owners of a mediocre burrito joint and a purveyor of useless but overpriced knickknacks will come to blows over the space, and two WASPs will sustain minor injuries as they flee the kerfuffle. The College will finally remark on the lack of social space on campus...
...Revels” is consistently successful at crafting a homey, close-knit setting that conveys the feeling of the era and season. The cast of characters create a strong sense of community and aim to include the audience with their interactive caroling and dancing. The first of several joint ventures between the viewers and performers is a rendition of “O Come All Ye Faithful,” which imparts a wonderful added feeling of unity to the show.This warm sensation continues as both the vocally deficient and vocally gifted attempt to sing “The Lord...
...storied Turin automaker is set to return to Detroit for a new, though less fixed, marriage. Fiat and Chrysler announced a nonbinding deal Tuesday to create a partnership that will give the Italian automaker a 35% stake in the smallest of the badly strapped American Big Three. The joint announcement stipulated that Fiat's commitment to its struggling partner would be solely an equity interest and that "the alliance does not contemplate that Fiat would make a cash investment in Chrysler or commit to funding Chrysler in the future." (See the best cars from the 2009 Detroit Auto Show...
...billion it hopes to obtain in March, carries the stipulation that the company move quickly to find ways to produce smaller, more fuel-efficient models, which have long been Fiat's bread and butter. "A Chrysler-Fiat partnership is a great fit," said Chrysler chairman Bob Nardelli in the joint communiqué. "It creates the potential for a powerful new global competitor." Nardelli pointed to Fiat's "competitive, fuel-efficient vehicle platforms, powertrain and components" as well as its distribution outside North America, including sales networks in Asia and Latin America...
...Fiat, on the other hand, the sudden infusion of cash and the new chief executive's plans for streamlining management helped the Turin company begin a notable turnaround after its decade-long crisis and raised Marchionne to near mythical status in carmaking circles. Tuesday's joint statement notes that "Fiat would provide management services supporting Chrysler's submission of a viability plan to the U.S. Treasury as required. Fiat has been very successful in executing its own restructuring over the past several years...