Word: sheddings
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...this week but will close again next week for summer changeovers. Both GM and Chrysler have built their recovery plans on very low sales estimates, which is the principal reason they have closed so many factories and discarded so many employees as they restructure. GM just announced plans to shed another 4,000 salaried employees by October, at which point it expects to have trimmed $12 billion in costs. GM also cut its advertising spending in half this year, which doesn't exactly stimulate sales. Bottom line: the next 12 to 18 months are perilous for both companies - and they...
...assistant professor of psychology at the University of Connecticut, published a study last year that showed if one spouse participates in a weight-loss program, the unenrolled spouse tends to lose about 5 lb. Now Gorin is exploring whether enlisting the support of spouses can help both partners shed more pounds. In June she wrapped up a 16-week pilot study of 20 couples, in one of which, the support person lost more weight than the main participant in the study...
...following the letter of the law, OSE is violating the spirit of the law. Connecticut’s lobbying rules intend to shed light on backroom deals, not public protests. And the five firms that the Church uses to lobby the legislature are already registered with OSE. In its defense, OSE says it wants transparency, but it’s hard to miss 3,500 people standing in front of the state Capitol. The legislature already exempts the media from these rules to protect free speech. It should do the same with churches to preserve religious freedom...
...Qaeda, the Pakistan army backed him. After his men killed 250 Uzbek fighters, the army entered a nonaggression pact with Nazir and his associate Hafiz Gul Bahadur. But Nazir continued to attack U.S. forces across the border, and was targeted in air strikes. Enraged, Nazir and Bahadur shed their differences and formed a new alliance with Mehsud earlier this year. Now, all three groups could be lined up against the Pakistan army when it presses ahead with its counter-insurgency operation in South Waziristan...
...sent the U.S. stock market down sharply on June 15. At the day's close, the Standard & Poor's 500 Index was off 2.4%, with the steepest drops suffered by major banks and commodity producers. Bank of America, the most actively traded stock during the day, saw its price shed nearly 2.8%. The Dow fell 2.1% to close...