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Though details are still unclear, the plan appears to place the individual brands under the umbrella of a kind of holding company, described in a statement by Porsche as an "integrated leading company." The merger also entails a $6.7 billion capital increase, financed by Porsche's existing shareholders, for the...
These days, Republicans have the desperate aura of an endangered species. They lost Congress, then the White House; more recently, they lost a slam-dunk House election in a conservative New York district, then Senator Arlen Specter. Polls suggest that only one-fourth of the electorate considers itself Republican, that...
But use them she does - to their fullest political protest potential. (Real Warning: Although these images are made completely out of LEGOs, they are disturbing.) Legofesto posts her creations on a blog and Flickr page. Who knew there were so many different LEGO accessories and facial expressions? There's a...
U.S. leaders began sounding the alarm last week when the militants, buoyed by a peace agreement that put them into effective control of the Swat Valley, extended their reach by taking control of Buner - a province 60 miles from Pakistan's capital, as every media outlet hastened to explain. Pentagon...
Responding to fears that Harvard may reinstate its licensing contract with Russell Athletic—a sportswear company accused by labor groups of mistreating its workers—Harvard’s Student Labor Action Movement brought a former garment worker to campus last Thursday in order to speak about...