Word: moving
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Dates: during 1990-1999
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...February 1992, GM announced it intended to close Willow Run and move production to Arlington, Texas, where it got a better deal. The township countered with a lawsuit, charging that the tax abatements created a binding obligation. A local judge agreed, accusing GM of "having lulled" the people of Ypsilanti and then trying to skip town. The state court of appeals reversed the decision and concluded that "hyperbole and puffery" in seeking tax breaks "does not necessarily create a promise...
...American businesses and travelers could save as much as 50% of the transaction costs they now pay to convert dollars into multiple European currencies. Says David Bowers, a European investment strategist with Merrill Lynch in London: "This will be the biggest shock to the global financial system since the move away from fixed exchange rates...
...moment, shares of European companies are priced as bargains, relative to those of American firms with comparable earnings growth. But the European market is likely to boom as new money flows in. And the probability of a weakening dollar means Americans who move money into Euroland now might lock in exchange-rate profits. "There is a case for diversifying your portfolio into a currency area that provides an alternative to the U.S.," says Merrill Lynch's Bowers. "But there's no shortcut: you still have to find good companies." In the current European climate, the most promising sectors include consumer...
...makes for an oddly vibrant community with its own language, social structure and economy. Wizards and gods keep order and help newbies get their feet wet. Trolling singles in supermodel avs move swanlike through mating rituals old as the species and new as the next Java upgrade. Soccer moms swap family snapshots and grouse about how the place has gone downhill since the damn teens arrived...
...Diana's friend Rosa Monckton, her brother Charles Spencer and the Duchess of York all made statements bemoaning that anyone would accuse the Princess of wrongdoing now that she's dead. "Has Charles no shame?" wonders another royal biographer, Anthony Holden. Charles and Camilla were driven to the unprecedented move of issuing a joint statement insisting that they had not cooperated with Junor nor asked their friends...