Word: plan
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...fate of Detroit will probably be determined next month. GM (GM) and Chrysler submit their restructuring plans to the Treasury and Congress. The UAW and creditors have not given enough in terms of concessions so far to make the government comfortable. If the GM plan is approved, 47,000 people lose jobs. If the plan is not, the number could be much larger. A bankruptcy of America's largest car company could not only lead to huge increases in the number of people out of work; it could leave a gaping hole in the confidence people have in the government...
...staffer who accepts the plan and signs the form within the 45-day “election” period—slated to end April 6—would have seven days to revoke the decision...
...countdown has already begun, and, according to one administrator, the plan’s progress has been moving at an alarming rate since the University’s announcement of the plan last Tuesday...
...billion federal stimulus plan signed on Tuesday has given state and local officials dealing with the fallout from the current economic downturn cause for optimism. In an announcement yesterday morning to the Greater Boston Chamber of Commerce, Massachusetts Gov. Deval L. Patrick ’78 said that the stimulus package will give the state $6 to $9 billion over the next two years. Throughout the state, towns and cities have submitted thousands of shovel-ready projects—immediately actionable proposals—in the hopes of receiving funding from the stimulus package, and Cambridge was no different. According...
...Gates' pessimism is born of longstanding U.S. frustration over Europe's commitment to NATO military and peacekeeping operations. So news that France plans to return to NATO's integrated military command ahead of or during 60th anniversary celebrations for the alliance on April 4 could, at first glance, be taken as a sign that change is in the air. President Nicolas Sarkozy's long-standing reintegration plan would reverse President Charles de Gaulle's decision 43 years ago to pull France from NATO's military and planning structure to protest what he felt was Anglo-American domination of the organization...