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Dates: during 2000-2009
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...agreed to take voluntary redundancy before any industrial action would have started. Unite insisted that it had tried to find out which of BA's 13,000 cabin crew were planning to quit but that the airline offered little help. Discounting them would have done little to change the result, though: 92% of voters were in favor of a strike. (See the top 10 worst business deals...
...last major opportunity for resolution was arguably lost when Brussels accepted Cyprus, as represented by its Greek Cypriot government, as a member in 2004, even though Greek Cypriots had rejected a painstakingly crafted U.N. peace plan in a referendum vote just prior. (Turkish Cypriots voted yes.) As a result, the Greek-Cypriot republic lost any incentive it might have had to speed up negotiations. (Read: "On the Run in Cyprus...
...order to exit TARP, the bank will have to sell $20.5 billion in new shares. Analysts estimate the stock sale will lower the company's earnings per share by about 20%. "One of the basic problems for [Citigroup's] valuation is that it has too many shares as a result of its many rounds of capital raising and exchange offers," says analyst David Hensler, who follows Citi for research firm Creditsights...
...McKinley and his friends decided to try a radical experiment. They urged congregants to spend less on presents for friends and family and to consider donating some of the money they saved as a result. At first, church members weren't quite sure how to react. "Some people were terrified," remembers McKinley. "They said, 'My gosh, you're ruining Christmas. What do we tell our kids?' " The pastors had to reassure people that they weren't advocating a Grinchy no-gifts kind of Christmas, but rather one in which people spend a little less and think a little more, expressing...
...borders with Colombia and Peru as well as on farms deep inside the South American country, including one just west of the capital, Quito. René Vargas Pazzos, a retired general and former ambassador to Venezuela, rented a farm to a FARC commander, the report says. As a result, Huerta warned that Ecuador faces the same corrosive influence from the drug trade that neighboring Colombia has suffered for decades...