Word: stakes
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...best known for the tiny "people's car" is thinking about trucks - big ones. And buses. And diesel engines. Industrial customers want manufacturers to deliver entire, diverse fleets. So Pischetsrieder has been talking to shareholders of Munich truckmaker MAN and Sweden's Scania, in which VW already has a stake, about creating Europe's third-largest truckmaker (behind DaimlerChrysler and Volvo). "There are question marks over the strategic sense of a move into heavy trucks on the part of VW," says Commerzbank analyst Robert Ashton, adding that Pischetsrieder may actually be trying to sell off VW's own minuscule truck...
...best defenses of a free press. The opinions people have, Franklin wrote, are "almost as various as their faces." The job of printers is to allow people to express these differing opinions. "There would be very little printed," he noted, if publishers produced only things that offended nobody. At stake was the virtue of free expression, and Franklin summed up the Enlightenment position: "Printers are educated in the belief that when men differ in opinion, both sides ought equally to have the advantage of being heard by the public; and that when Truth and Error have fair play, the former...
...unable and unwilling to use force against the militants for fear of starting a Palestinian civil war he would likely lose. Instead, the PA hopes to draw these groups into a unified national Palestinian leadership, coopting their fighters into the PA security services and giving their political leaders a stake in the pursuit of Palestinian statehood along the lines envisaged in the roadmap. The idea of Abbas making common cause with an organization that currently rejects Israel's right to exist and which pioneered suicide bombing as a political tactic deepens Israeli anxiety over just where the roadmap is leading...
...business: Just this week, a further $300 million was added to the annual budget with the announcement that U.S. authorities would resume paying salaries to Saddam's now disbanded professional army. But that may be a sound investment, since if a quarter of a million trained soldiers have no stake in the post-Saddam order, there are plenty of renegade Baathists with wads of cash to buy their services in support of an armed rebellion...
...crying not for the Bruno Magli shoes or credit-card points toward a Disney vacation but for fancy train sets and the latest Legos. In May, Saks--the Birmingham, Ala.--based owner of Saks Fifth Avenue, Parisian and other regional department stores--bought a $5 million stake in upscale toy retailer FAO. Saks plans to add an FAO boutique to 22 of its stores by September and FAO displays in 245 of its locations for the holidays. "FAO should have done this long ago," says Jeffrey Van Sinderen, a specialty retail analyst for B. Riley & Co. Leveraging another chain...