Word: harper
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...book And Then There's This, Harper's senior editor Bill Wasik tracks Web fads, viral marketing campaigns and the flash-mob phenomenon - which Wasik himself created - to determine just how little staying power trends have when faced with our fractured, hyperactive attention spans. Wasik talks to TIME about his findings, and why he can't stop looking at his RSS reader. (Read about how the Internet changed music...
Survivors of the invasion are now a dwindling group - 18-year-olds in 1944 are now 83 years old. Benjamin Franklin, one of those veterans from Knoxville, Tenn., stood on a bluff overlooking the beach and spoke to Obama, Sarkozy, Brown, Canada Prime Minister Stephen Harper, and Prince Charles of Britain. Sixty-five years ago, Franklin had landed with Allied forces and fought for more than three months in the farmlands of Normandy. Over the last 25 years, Franklin has been giving talks about his experience. Now that was coming to an end. "This is the end of my military...
This latest announcement by Prime Minister Stephen Harper brings the total cost for Canada of restructuring GM to $9.5 billion, including $450 million in emergency funding already used by the car company, compared to $49.8 billion promised by the Obama Administration. In exchange Ottawa and the province of Ontario, where GM Canada has all its operations, receive a 12% stake in Detroit-based GM, representation on the new board and the promise to keep 16% of the struggling automaker's production in Canada as it restructures in coming months...
Despite the hefty price tag, both Ottawa and Ontario felt their hands were tied, and there was little haggling. "We had to save it all or have zero forever," PM Harper said at a joint news conference in Toronto, referring to the rescue of GM Canada...
Unlike Obama, PM Harper conceded that he is not optimistic about recouping the billions of dollars Canadian taxpayers are giving to GM. Perhaps that's a more realistic approach given that at today's market capitalization on the NYSE, Canada's 12% stake in the automaker is worth a shocking $54 million. (The U.S. and Canadian bailout of the automaker is nearly 130 times the company's present value...