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...epic battle between Porsche and VW is emblematic of the easy money days automakers were enjoying before the financial crisis hit. With annual sales of more than $151 billion, Volkswagen is Europe's biggest carmaker, 16 times the size of Porsche, which generates annual sales of about $9.3 billion. But through a series of highly leveraged financial deals that began in 2005, Porsche acquired a voting stake of 50.8% in VW. In January, Porsche said it planned to raise its stake to 75% this year...
...says Mo'Nique, describing the scene. "So in spirit, I must sing my song." After seeing that White House Black Market dress on The View, did she rush out to buy it? "You know what?" says Mo'Nique. "I'm not sure if they made that dress in my size at the time. But I'm size 14 now, honey, so I might go ahead and get that dress." (See pictures of what Michelle Obama wore in Europe...
...Other areas of government have had success on a far greater scale. The CDC, which began experimenting with social media three years ago, has created a raft of YouTube videos, podcasts, webpage widgets and Twitter-size feeds to inform the public about the latest news on the H1N1 virus, also known as swine flu. Between April 22 and May 4, the CDC received 1.2 million views of flu-related material on YouTube and 46.6 million Web-page views, and attracted 99,000 followers on its Twitter feed "CDCemergency," which provides breaking updates on health issues. Janice Nall...
...seemed ludicrous at first, the idea of Gul Agha Sherzai running for President of Afghanistan. The journalists who knew him, first as governor of Kandahar, then of Nangahar province, nicknamed him Jabba the Hutt, after the villainous behemoth of the Star Wars movies. It wasn't just his size (he readily admits he is considerably overweight), or his deep, throaty chuckle, that evoked such a comparison. It was more his reputation for ruthlessness as a warlord during the country's civil war in the 1990s. Sherzai's ability to get things done, however, has earned him another nickname from...
...country.“It was a very competitive weekend of racing,” Garrity said. “Things were made a bit trickier by the fact that we were only able to get in eight races in each division, which is a rather small sample size. This meant that not all of the top teams might qualify, so we needed to perform well.”The regatta, which was co-hosted by Harvard and MIT, consisted of a western and eastern portion, in which the top nine schools from each contest’s 18-team...