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WASHINGTON -- "Nothing," said a General Motors spokesman last week, "has changed relative to the GM board's support for the GM management team during this historically difficult economic period for the U.S. auto industry." Nothing? Not even the evaporation of almost all shareholder value?
There's an endless choice of quality businesses trading at or near liquidation prices.
OneWorld.net's take: Powering cars with green electricity instead of natural gas -- a finite, nonrenewable resource -- will have a positive effect on U.S. national security, climate change, and the economy, writes environmental expert Jonathan Dorn.
A group of Ontario mayors as well as the Canadian Automobile Dealers Association added their names to a growing list of those pressuring Ottawa to move quickly to help the auto industry or risk a nationwide crisis.
The contrast is stark when Gou Xiuqiong, an earthquake survivor who makes a living as a hotel cleaner, talks about her difficult present and her hopes for the future. One day recently, Gou sat on a long bench on the hotel lawn. About 100 m away stood a row of deserted restaurants that were shattered by the May 12 quake, some with roofs collapsing. Earning just 800 yuan (114 U.S. dollars) a month ...
Erlangen/Dortmund, Germany, November 10, 2008 Development and demonstration of decentrally networked energy systems for an E-Energy marketplace of the future On November 10, 2008, a consortium consisting of RWE Energy, Siemens Energy, ef.Ruhr (Association of the Energy Technology Faculties of the Universities of Duisburg/Essen, Bochum and Dortmund), Miele, SWK (Krefeld Group of Municipal ...
Nov. 21 (Bloomberg) -- Most German stocks rose as investors speculated Citigroup Inc. may be up for sale, increasing demand for bank shares. Commerzbank AG , Germany's second-largest bank, gained the most in a week.
Despite the economic downturn, plans are still moving forward for a coal-to-liquids plant in Carbon County under development by Medicine Bow Fuel & Power LLC, a subsidiary of DKRW Advanced Fuels LLC.
The US Food and Drug Administration opened its first overseas office in Beijing Wednesday to better ensure the safety of Chinese food imports. The FDA opened two more offices in Shanghai and Guangzhou.
As the dust settles after the US presidential vote, there is another important election that the world should watch. Venezuelan citizens head to the polls Nov. 23. At stake is the selection of governors for each of the country's 22 states, as well as mayors for 338 of the largest cities.
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