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The New York Times has pointed out the amount of money owed to creditors at GM, some $27 billion, is about four times the amount that Chrysler had to deal with. The paper writes "General Motors' creditors number in the tens of thousands and include pension funds that bought the...
On a typical weekend afternoon, Beijing's Silk Street Market buzzes with the sound of tens of thousands of tourists haggling over antiques, jewelry and knock-off Gucci handbags. Rickshaw drivers normally scoop up these marketgoers, pedal them to their hotels and return with pockets full of foreign currency - a...
Few companies have been hit harder by the severity and suddenness of the global economic crisis than Asia's manufacturers. With unemployment on the rise, credit tight, and uncertainty high after the financial meltdown on Wall Street, consumers in the U.S. - Asia's most important customers - slashed their purchases of...
There are many fears about the swine flu outbreak. It is not simply that it could cause the death of thousands or in the case of a pandemic, perhaps millions. Other fears are economic in nature based on the reality that tens of millions of very sick people would drive...
We all know by now the problems with major-network TV. There are too many other channels, other media, other diversions. The audience has been sliced and diced into confetti, and it is no longer possible for a new drama to get tens of millions of viewers to sit down...