Word: weaponed
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...Camel brands at a $400 million state-of-the-art factory it built in St. Petersburg, is embroiled in a furious court battle with authorities over a more than $80 million tax demand from 2000 that has prompted complaints from the Japanese government. And tax isn't the only weapon; this month, the German electronics manufacturer Siemens was officially told it couldn't acquire a majority stake in a Russian company that manufactures some defense-related equipment. Siemens had offered between $200 million and $300 million for a 73% stake in the firm, Power Machines, but the deal was blocked...
...buzzword amongst activists is the Genocide Intervention Fund (GIF), launched on Thursday. April 7 by Swarthmore college students, Mark Hanis and Andrew Sniderman. The premise behind GIF is that AU forces on the ground in Darfur should be provided with funds to cover their non-lethal weapon needs. At a conference organized in February by the National Holocaust Museum in Washington, DC, the Swathmore undergrads sold their idea to students from 92 colleges around the country, who reviewed and reworked this plan. The launch here at Harvard was the culmination of a greater effort and coincided with the launch...
Some skittish firms turn to buyouts to escape unwelcome suitors. "Management has often used them as a weapon to defend against hostile takeovers," says Burton Malkiel, dean of the Yale School of Organization and Management. Directors of Storer Communications, a major cable-TV operator, voted last summer to take the company private for $93.50 a share, rather than accept a $95-to-$96 bid from Comcast, a smaller cable company. Revlon pursued a similar path last month when it arranged a complex $1.8 billion transaction that would break up the cosmetics firm but keep it out of the hands...
ARRESTED. David Crosby, 44, strung-out singer-guitarist with the pop group Crosby, Stills and Nash; on drug, weapon and hit-and-run charges, after he allegedly crashed his car into a fence, fled the scene and was later found to have a .45-cal. pistol and cocaine paraphernalia in the vehicle; in Mill Valley, Calif. It was his third arrest on drug-related charges in the past year...
...flee the scene and the officers gave chase. The perpetrators were caught, attempted to resist arrest but ultimately, were subdued. John A. Cobblah, 20, of Maynard, Mass. and Daniel Gursha, 19, of Haven, Mass. were then placed under arrest for tagging property, resisting arrest, and carrying a dangerous weapon...