Word: reach
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...sell the shares as soon as possible. He may have to wait, however. The timing of the sale would be up to outside advisers, and there would be at least three - one for the U.S., one for Canada and one for the UAW - who would all have to reach consensus on a strategy for maximizing value. That most likely means a gradual release of the shares once an IPO of the new GM has occurred. After that, says Young, "it could take years to unwind the government and union positions...
...MiEV - Japan's first fully electric vehicle (EV) for the global market. Production of the egg-shaped vehicle, which has a range of 99 miles (160 km) on a single charge, kicked off this week; fleet sales will start in Japan next month and the car is expected to reach U.S. buyers by the end of next year. Tooting its own horn, Mitsubishi is calling the new i-MiEV "a pioneer to open the door to the next 100 years...
...that they'll catch on with consumers worldwide. But they are still a gamble. Although technological advances continue to reduce the cost and recharging time of lithium-ion batteries while increasing range, electric vehicles are expensive - the i-MiEV costs $47,500 - and the market will take years to reach the level of hybrid sales. "For five to 10 years, EVs will be for city commuters, used in a limited area, while the hybrid is a pure alternative to the conventional vehicle," says Tatsuo Yoshida, senior analyst at UBS Securities Japan. "There needs to be a breakthrough to the battery...
...speech at the University of California, Berkeley, law school that rippled across the Internet this week. She believes judges cannot help being affected by gender and ethnic identity. "I would hope that a wise Latina woman with the richness of her experiences," she said, "would more often than not reach a better conclusion than a white male who hasn't lived that life." This doesn't make Sotomayor a bad person or a racist, even if Rush Limbaugh has called her one. But it is not what most Americans would define as empathy. (See the top 10 Supreme Court nomination...
...turnout across Europe, only 43% of Germans bothered to go to the polls. Social Democrats have been quick to point to the low turnout as a reason the European Parliament vote shouldn't be seen as a test for the upcoming federal elections. "I don't think you can reach any conclusions when the turnout for the European elections was so low," says Social Democrat MP Sebastian Edathy. "It's a different picture in the federal elections, when we normally have a bigger turnout of 70%-80%." Nevertheless, Edathy admits his party failed to reach out to its traditional supporters...