Word: stakes
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...Hanawa is committing miuri. In one remarkable January week, Nissan became the most talked-about company in the global auto business because everyone with a little extra cash wanted a piece of it. Even tiny Renault piped up that it had French-government backing to acquire a controlling stake in the world's seventh largest carmaker. Renault could afford it because that week Nissan's stock price had sunk low enough so that a 33.4% share (which counts in Japan as a controlling interest) was worth around $2.8 billion--or barely half of what Ford recently paid for Volvo...
After a frustrating 81-76 loss to the Ivy's other top gun, the Penn Quakers, Harvard showed no signs of burnout, rallying hard in the first half to stake a 35-29 lead behind nine points from Hill and seven from Clemente...
...chassis is that of a Mercedes A-class sedan. The car's styling comes largely from SMH Automotive, the Swiss company that uses modular design to make Longines and Swatch watches (Smart, in fact, stands for Swatch-Mercedes art). SMH owned 19% of MCC until Daimler-Benz bought its stake in MCC before merging with Chrysler in October. "Basically, you could say the Smart's design, engine and chassis platform were all done by the assembler, because Swatch was an owner at the time," Franzen says. "These three things will always be done by assemblers themselves...
...oath. Blumenthal insists he told the truth and says he's "saddened" that his old friend turned on him. Why did Hitchens do it? The vociferous Clinton critic says impeachment is important--so when Congress asked him, he had to talk. Intellectual feuders always argue noble principles are at stake, and this time is no different. Hitchens says it's about standing up to the White House's lies. "They have the power, and they've gotten away with everything from campaign finance to wagging the dog," he says. Blumenthal's camp says it's about friendship, loyalty and something...
...stake in this meeting is how far universities are willing to go to take moral responsibility for their practices. Last year, workers from a Dominican Republic hat factory licensed by Harvard, speaking in front of University Hall, told us that they are paid 8 cents for each $20 hat they make, that the factory lacks safe drinking water and that workers are routinely fired for trying to organize. The American garment industry grosses $2.5 billion per year from the sale of university-licensed products manufactured in plants such as these. Harvard can help to stop this immoral impoverishment by adopting...