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...Detroit A Win for GM It appears Cadillac will not be 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...
...Hawaii!) Paul (on guitar) and Joe (keyboards) dress in white shirts and orange-and-red-striped Gryffindor ties. They have a rotating cast of drummers, à la Spinal Tap, and are occasionally joined onstage by the giant squid that lives in the Hogwarts lake. Their hits include "Save Ginny Weasley," "Voldemort Can't Stop the Rock!" and "The Weapon We Have Is Love...
...July 15, one of the nation's largest lenders to small businesses, CIT, said the government was unlikely to save it from bankruptcy. The company could still find a private investor to swoop in and rescue the firm. By some estimates, CIT has to find as much as $6 billion in new capital - and fast - to keep the lights on, and in this economy, most investors are betting that's not likely. CIT shares have fallen 90% this year, and traded around 40 cents on Thursday. A bankruptcy, some say, could come before the weekend. And that has many people...
...That's one of the reasons that I think people should not overuse profanity in their speech and writing," says Pinker. "That's not because I'm a prude, but because it blunts [swear words] of their power when you do need them. You should save them for just the right occasions...
...Read "Is China's Economy Strong Enough to Save the World...