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...competitive on engines and drivetrains and fits and finishes. Some top-class products score well with car rater J.D. Power, such as the Cadillac CTS and Ford's new F-150. "What exposes us to failure now is not our product lineup or business plan or our long-term strategy," GM's Wagoner told Congress. "What exposes us to failure now is the global financial crisis...
Gettelfinger also said while he was concerned about the impact of the end of the jobs bank, where workers on long-term layoff basically collect almost all of their wages while not working. The jobs bank had become a hot-button issue that was impeding the domestic carmakers' efforts to obtain federal assistance before the end of the year. Fewer than 4,000 workers at the three companies now collect wages through the jobs bank, which applies only after the workers have been on indefinite layoff for more than 48 weeks...
...important thing is to secure these loans," Gettelfinger said. "We're just in a major economic downturn," he said. "We're willing to take an extra [cut] here to make sure that they survive long term," he said...
...After being randomly selected at a Chicago pet store, Alex revolutionized what we know about parrots’ cognitive capacities: he was able to identify 50 different objects, seven colors, five shapes, quantities up to six, and concepts of category, among other things. “He redefined the term birdbrain.” Pepperberg says. “When I began this work in the 70’s, people didn’t expect birds to do any complex cognitive tasks.” Following Alex’s death last September, rather than flying off the handle...
...human rights and democracy not only as the expression of universal values, but as the only means of achieving the goals of long-term political stability and sustainable economic development on the African continent." - in a speech at the Brookings Institution, March...