Word: lefts
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...deal to sell part of GM's Opel to parts supplier Magna began to lose momentum, Henderson failed to gauge the depth of the board's sentiment that GM keep Opel as a strategic asset and he remained opposed to doing so up until the very end. That left him crossways not only with Whitacre but also with the German government - an embarrassing place...
...Other retailers, such as Staples, Radio Shack, GameStop and hhgregg, also reaped benefits from the electronics frenzy, notes Credit Suisse analyst Gary Balter. Many offered sharp discounts on gadgets, ranging from laptops and high-definition TVs to GPS devices and e-readers, as they jockeyed to fill the void left by the demise of Circuit City in the past year. "There is an insatiable hunger for these devices and they make great gifts during the holidays," says Lasser. (See the 50 best inventions...
...allowing them to gain market share in the electronics sector. Walmart was especially competitive. "Walmart's [average] prices were 3.5% below Amazon, 4.2% below Target and down double digits compared to both Kmart and Toys "R" Us," said Goldman Sachs analyst Adrianne Shapira, in a note. "Walmart left no doubt as to who was the pricing leader...
...world, is financed through three-year notes, which the city-state believed they could renew as ticket fees helped pay the interest. Now, the international consortium that is building the system - including the Japanese construction giants Mitsubishi and Obayashi as well as the Turkish company Yapi Merkezi - are probably left with huge fees unpaid...
...opposition to a growing Muslim minority, Pope Benedict XVI on Nov. 27 presented the annual message for the upcoming World Day of Migrants and Refugees. "Jesus' words resound in our hearts," he said. " 'I was a stranger and you welcomed me,' as, likewise, the central commandment he left us: to love God with all our heart, with all our soul and with all our mind, and to associate this with love of neighbor." Now that is a different kind of Christmas spirit...