Word: offering
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...lowball - bid seems the wrong word - offer went like this: If the U.S. government would wipe out Chrysler's shareholders, buy out its bondholders, cut wages and jobs, deal with its retirement liabilities and fund the warranties, then Fiat would take a crack at Chrysler. The Italians would bring their cars to Chrysler's showrooms and share their advanced diesel technology with Chrysler engineers. Chrysler might sell some cars in Fiat's markets - Jeeps may have the best overseas appeal. Marchionne would lend his managerial chops. And if things worked out, Fiat would take a controlling share...
...Whatever deal eventually emerges, experts warn that Opel's future is anything but rosy in a car industry beset by a massive erosion of demand. The Financial Times reported that the offer document GM sent out to bidders last month predicted a loss before tax and interest payments of more than $3 billion at its European businesses this year. (See pictures...
...sapiens, say - brain size tells you a lick about intellect. Across the centuries, eugenicists and practitioners of other junk sciences argued that cranial volume could reveal important things about the intelligence or other traits of one race compared with another. That was rubbish. The new carnivore studies, by contrast, offer a tantalizing window into the things that help an entire species evolve the way it does - or, more important, the things that...
...losers in the race to offer thousands of useful smart-phone applications may be Motorola (MOT) and Samsung which still do not have major initiatives to bring in software developers and the customers that often come as a by-product when attractive products are available for handsets...
...What those decisions offer is a portrait of a moderately liberal jurist, one who may disappoint activists on the left who were hoping that Obama would choose a two-fisted progressive to trade punches with Justice Antonin Scalia, who anchors the conservative end of the court. On Thursday, when he met her for the first time, Obama, a former law professor, engaged Sotomayor, who rose to the federal appeals court in 1998, in a lengthy discussion about the court and the Constitution. Earlier Tuesday, a senior adviser to the President told TIME, "What the President told us afterward was that...