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...release quarterly financial information but it has confirmed that it lost $1.9 billion in 2007. (The German corporation Daimler, which still owns 19.9% of Chrysler said the American carmaker lost $510 in the first quarter of 2008.) GM lost $15.5 billion in the second quarter and is expected to post additional losses when it reports its third quarter results at the end of October...
...whole, it may not make financial sense given the specifics of GM's situation. While GM has insisted its current reserves of $21 billion can help it weather the economic turmoil and continue its restructuring efforts through 2009, that amount may not be enough to finance a post-merger restructuring of Chrysler. GM is also publicly committed to delivering the new electric Volt automobile before end of 2010 and closing Chrysler plants and technical centers to save cash could violate the spirit of $25 bilion in loan guarantees approved by Congress last month to help American carmakers rebuild - and which...
...gallery of new acquisitions. This is largely why the young choreographer Christopher Wheeldon was brought into the New York City Ballet as its resident choreographer in 2001. Widely heralded as the heir to the great neo-classical choreographer George Balanchine, he was entrusted with transforming the company for our post-Balanchine century creating what he called “a world that is not specific to either the narrative or the abstract.” Boston Ballet’s “Night of Stars” on Friday night clearly aimed to make good on this dream...
...embattled Senate seats?” Ansolabehere said. “The Republican National Committee has a very difficult choice.” The panel then explored opinions on polling models used for the elections. Edsall, who is also the political editor of the liberal-leaning Huffington Post, said that he believes in the accuracy of models that are predicting Obama’s victory, even though their performance “has been a little spotty over the years.” “The models are all based on fundamentals,” Edsall said...
...number of good Crimson chances over the next several minutes.Sheeleigh had four good chances, just missing scores in the 60th, 62nd, 63rd and 67th minutes. Harvard then doubled its lead off a 73rd minute corner kick.“My position [on corners] is always to go back post, and so I noticed that they’d been keeping that open,” Hagner said.The junior was able to exploit this soft spot in the Big Red defense, powerfully heading Baskind’s well-taken corner into the net.Soon after, Baskind’s ball split...