Word: wednesday
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...marathon negotiating session in the German Chancellery over the future of General Motors' European operations ended inconclusively on Wednesday night, rancor is growing elsewhere in Europe over the prospects of deep job losses...
...immediately, even after 11 hours of talks in Berlin. German participants said the U.S. government and GM appeared to be stalling. For weeks, talks have focused on a German government-backed credit for Opel of €1.5 billion ($2.1 billion). But German officials said the U.S. surprised them on Wednesday with a new demand for an additional short-term credit of €300 million ($416 million). The U.S. government also rejected the German government's plan to impose itself as a kind of administrator over Opel's management. After the meeting, the Germans blamed the Americans for the lack...
...major worldwide supplier of components to GM. Stronach has teamed up with Russian carmaker OAO GAZ Group and the state-controlled Russian financial group OAO Sberbank. Russian Prime Minister Vladimir Putin has been lobbying Merkel to support the Magna bid. Stronach told reporters on the sidelines of Wednesday's meeting in Berlin that Magna "could run Opel as a global brand." (Read "Can Americans Learn to Love Fiat? Chrysler Hopes...
...Bochenek formed the association "A Museum for Bip" - a reference to the mime's famous sailor-suited character. Its initial aim was to raise $135,000 and buy as many of Marceau's most artistically significant relics as possible - including Bip's trademark costume (for which bids opened on Wednesday at a mere $1,350). Despite their collecting more than 3,000 signatures of support in less than two weeks, Martell acknowledges that they got significantly less money than hoped for. Still, during Tuesday's auctioning, Bochenek made 10 successful bids worth nearly $7,560. (Watch TIME's video "Damien...
...That, however, was a mere drop in Bip's trademark flower-sprouting hat. The 400 objects auctioned on Tuesday generated $342,000. Wednesday's docket of 500 items is expected to generate even more, as the majority of Marceau's costumes and stage props...