Word: thursdaying
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...breakdown of negotiations for Air France-KLM to buy Alitalia has left the Italian airline closer than ever to bankruptcy. On Thursday evening, the Milan stock exchange announced that Alitalia shares will be suspended until April 8, following the public company's next board meeting. The failure of talks with Air France, also prompted yet another resignation at the top, as Alitalia chairman Maurizio Prato stepped down just seven months after taking over the troubled air carrier with the goal of facilitating its sale. Now, nothing is likely to move until after Italy's April 13-14 national elections...
...such overhaul would bring far more layoffs than those on the table in the Air France talks. Facing the reality that the buyout may be the only hope to avert massive job losses, both Italian unions and government representatives said late Thursday that they would like to try again with Air France. But there was no immediate word from Paris...
Jeremy R. Knowles, the former Royal Air Force officer who left England to join Harvard's Chemistry department in 1974 and quickly became a pillar of the University, leading the Faculty of Arts and Sciences for nearly 12 years, died Thursday April 3, after a prolonged struggle with prostate cancer. He was 72. He died at his home in Cambridge, the University announced in a statement. To discuss Knowles' life, please leave comments below...
...Episcopal group supervised by the conservative Anglican Archbishop of Nigeria. The same goes for ten other churches in Virginia. Their monetary value has been estimated at over $20 million, but their symbolic value is considerably greater. The most immediate part of the ruling by Judge Randy Bellows late Thursday night states that the evidence is "overwhelming" that the Episcopal Diocese of Virginia is currently in a state of "division" and that, therefore, under a Civil War era state law, control of its property sits with their congregations, not their previous mother church...
...Britain, the second largest contributor of troops to Afghanistan, proposed a new initiative at the summit: A so-called trust fund to encourage countries that are not contributing troops to instead donate money and equipment to NATO operations. On Thursday, Prime Minister Brown revealed that 18 new helicopters and 8 nations had declared themselves ready to contribute to the fund. "This will become known as the burden-sharing summit," said Brown. That, at least, should be a name delegates can agree...