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...meantime, Chrysler is melting away. In response to pressure from Obama administration, Chrysler has proposed more plant shutdowns. Set to be closed, according to sources familiar with the discussions inside the company, are assembly plants in St. Louis, Mo., and Brampton, Ontario; engine plants in Detroit, Trenton, Mich., and Kenosha, Wis.; and another plant in Mexico that builds big engines. Chrysler's assembly plant in Sterling Heights, Mich., also has been identified by some analysts as a possible candidate for closure. If executed, the shutdowns would further downsize a company that is already far smaller than it was only...

Author: /time Magazine | Title: The UAW and Chrysler: a Lose-Lose Situation | 4/17/2009 | See Source »

...stress level and increase relaxation. After gaining a sense of peace, you can sink into 400 threat-count Egyptian cotton sheets or relax further with a $25 credit at the hotel spa. Rates start at $152 per night, including complimentary tea when you check in. 8 Colborne Street, Toronto, Ontario...

Author: /time Magazine | Title: Hotel Freebies: Yoga Classes and Spa Treatments | 4/5/2009 | See Source »

...Some of this year's Final Four spending won't even stay in the country. More than half of the several thousand college basketball coaches who flock to the Final Four for their annual convention will be lodging across the river - and border - in Windsor, Ontario. Don't underestimate the financial clout of the coaches, who wander around the host city in their schools' sweat suits (Look, there goes Coach K from Duke! And over there, an assistant coach from Le Moyne!), angling for job gossip and drinking lots of beer. We're talking buckets of beer. And since both...

Author: /time Magazine | Title: Why Detroit's Final Four Stimulus Is Overrated | 4/4/2009 | See Source »

This morning he has prospective snowbirds from Spain, Ontario ("We just can't ignore these prices"), Boston and Mingo Junction, Ohio, where another steel mill is about to close. "Opportunity is banging at your door," Joseph tells them, and he'd sound like any cheesy salesman if he weren't so attached to this place and so angry at what was done to it; it's as if his house had been burned down by reckless kids playing with matches and he's building it back up again board by board. It's gotten so bad that the courts have...

Author: /time Magazine | Title: The Hope in America's Foreclosure Capital | 4/2/2009 | See Source »

...engineering of a rear-wheel-drive chassis that its Holden auto subsidiary had sold in small quantities over the years in both its home market and the Middle East. The Camaro is built on the Holden platform. The car will actually be assembled at GM plant in Oshawa, Ontario, outside of Toronto...

Author: /time Magazine | Title: Detroit Tries Muscle: The Return of the Camaro | 3/21/2009 | See Source »

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