Word: steps
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...plans to start paying back its government loans this month. Repaying the direct government loans well ahead of the 2015 date contemplated by the Treasury Department when it helped GM reorganize during the bankruptcy is the first step toward an initial public offering of stock in the new GM. While GM received more than $50 billion in federal aid, only about $6.2 billion will be repaid in cash; the U.S. Treasury agreed to take stock in lieu of cash for much of the remainder, which gave the government a 60.8% stake in the new GM. Earlier this week, Treasury Secretary...
...woman who’s been involved in everything from Eleganza’s on-campus production to the scheduling of India’s fashion week, bringing two ends of the fashion industry into greater dialogue feels like a natural step. After graduation, el Habashy plans to work full time for the Web site, which will launch in late spring or early summer, for at least a year...
...decision to make this censure public provides a bookend to the council’s most talked about issue this semester. The verdict against McLeod was a crucial step for the UC, allowing it to move forward with other business and try to rebuild legitimacy. An internal censure would have done little to clarify the UC’s stance in regards to the email, and was therefore an insufficient option. Although questions about the institution’s credibility remain, especially in regards to elections, it was important for the UC to recognize its own failures, mitigating the damage...
...reason to avoid relinquishing Israeli control over the West Bank, whose hilltops are well within rocket range of Israel's main cities. Israeli officials are hinting that if President Obama doesn't demonstrate rapid progress in his diplomatic efforts to shut down Tehran's nuclear program, he should step aside and let Israel's air force...
...industrial partner Sony as well as libraries in the U.S. and Europe - argue that the company brings rare books often only obtainable by students, scholars and researchers to the general public online for free. It says it's also setting aside funding to pay to unknown copyright owners who step up and ask for remuneration, or remove works by those who don't want to be in Google's archive. (See pictures of Google Earth...