Word: planting
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Dates: during 2000-2009
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Rumors that GM is preparing to file for bankruptcy swept through the company's plants this week. "I'm hearing they're not going to be able to meet payroll by spring," one employee at a GM assembly plant near Detroit said. GM, however, said speculation it was nearing bankruptcy is not true. "Bankruptcy would not be in the interests of our employees, stockholders, suppliers or customers, and we believe speculation about a possible filing is exaggerated and unconstructive," GM said in a statement...
...halt production of its first hybrid vehicles by the end of December, even though it already has orders for 3,000 Dodge Durango and Chrysler Aspen hybrids. It's not clear at this point whether Chrysler will be able to fill the orders for the hybrids before the assembly plant in Newark, Del., where they are built shuts permanently, a Chrysler spokeswoman said. Roughly 5,000 salaried employees at GM also are expected to leave the company payroll by week's end as part of a series of cutbacks announced in July...
...hand-woven Turkish carpet hangs behind the bed while panels of patterned fabric replace the standard-issue drab Harvard shades. Two large photographic prints are mounted in silvery frames on the wall. An white orchid plant, stems blooming, rests by the window. A Louis Vuitton suitcase has been transformed into a coffee table. A pair of wooden screens rest against the wall. Shemtov added these screens to mask “prison-like” feel of Leverett’s singles...
...increase more than about 2 degrees Celsius above the pre-industrial level. To do that, we need to reduce global carbon emissions (which hit about 10 billion tons last year) until they are equal to or less than the amount of carbon sequestered by the oceans and plant life (which removed about 4.8 billion tons of carbon last year). It's just like water in a bathtub - unless more water is draining out than flowing in from the tap, eventually the bathtub will overflow...
...more cuts and urged anyone on the retirement fence to get off it and go, since buyout packages are being reduced. To conserve cash, GM will also stop matching 401(k) contributions for executives and its non-union workforce, beginning Nov. 1. Chrysler chopped a shift in an Ohio plant, idling 825 workers...