Word: ownership
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...going the way of the Edsel, thanks to a federal bankruptcy judge's ruling that may save General Motors. The July 5 decision will let GM sell its best assets--including the Cadillac and Chevrolet brands--to a new company of which the U.S. government will have 60% ownership. The sale, opposed by some bondholders and consumer groups, could let the storied automaker emerge from bankruptcy in less than two months...
...Sharks' precarious finances were thrown into further turmoil this year when a major sponsor, a fertilizer and fireproof-material conglomerate called Xiyang Group, pulled out of a contract two years early. If Yao's ownership deal does go through, as expected, it's not clear how much input Yao will have in shaping the team. Although he is a product of the state-run sports machine that still dictates much of the Sharks' athletic direction, Yao has, in the past, issued oblique criticisms of the creativity-stunting and motivation-sapping style of Chinese hoops. Even if he takes the helm...
...ground, numbers to provide, so it can't be all just expertise. But at the end of the day, it has to be an Afghan solution, and for us to help, we have to understand. We have to develop relationships, we have to have continuity, we have to have ownership. You can't do that on short tours where you come in and you are going to go back to your old job and not be waiting for the outcome...
...criticism Obama has offered in Moscow of his Russian hosts, President Dmitri Medvedev and Prime Minister Vladimir Putin, who have consolidated both power and control over the press in recent years. As the U.S. State Department reported earlier this year, the Russian government has "restricted media freedom through direct ownership of media outlets, pressuring the owners of major media outlets to abstain from critical coverage and harassing and intimidating journalists into practicing self-censorship." Though Medvedev, who was handpicked by Putin, won the election last year with a reported 70% of the vote, he was aided by the state-owned...
...political climate necessarily conducive to Big Oil setting up shop in Iraq. The country's parliament has thus far refused to ratify the government's national oil law - drafted under the strong influence of U.S. officials - which would allow international oil companies to acquire an ownership stake in the mammoth reserves...