Word: motores
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Dates: during 2000-2009
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...Hinrichs, group vice president of Global Manufacturing and Labor Affairs at Ford Motor Company, said the tentative agreement gives Ford "the option" of using Ford common stock for up to 50% of the payments into the VEBA in lieu of cash. "We will consider each payment when it is due and use our discretion in determining whether cash or stock makes sense at the time, balancing our liquidity needs and preserving shareholder value," Hinrichs said...
...financial meltdown. Auto-industry economists say repair growth slowed in the fourth quarter as customers deferred big-ticket maintenance jobs during the worst months of the downturn, and that pent-up demand will lift the numbers in '09.) (See pictures of the remains of Detroit: America's fading Motor City...
There's a motorcycle-taxi stand near my home in Bangkok, and many of the drivers' hands are dirty. Not from urban grime or motor oil, but from newsprint. Fueled by a growing literacy rate and press reforms in some parts of the continent, Asia is enjoying what may be the world's last great newspaper boom. Eight of the world's 10 biggest paid-for daily newspapers are printed in Asia, according to the World Association of Newspapers (WAN). The largest national newspaper markets? China, India and Japan. (The U.S. is a distant fourth...
...Cuts include $8.6 billion from K-12 classrooms, which probably would force schools to pink-slip teachers and increase classroom sizes; a 10% cut to the university system; a continuation of the two-days-a-month furlough of state workers that recently closed state offices, including the Department of Motor Vehicles; and several billion in cuts to social welfare and programs for the elderly, sick and poor. Republican leaders insisted on a $1 billion tax break for large corporations, believing it will encourage companies to expand their work forces in California...
...backstretch seats was reduced from $95 to $55, the lowest price since 1995. Race organizers negotiated with local hotels to eliminate minimum-five-day stays. Organizers in Charlotte, N.C., have also persuaded the city's hotels to reduce rates for the two Sprint Cup races at Lowe's Motor Speedway (LMS). According to LMS president Marcus Smith, the track not only dropped prices in some sections but also refunded the difference to fans who had already purchased, an effort, he says, to show loyalty to the customers who have helped build the sport. In Texas, prices for hot dogs, hamburgers...