| Chrysler wipes out 13,000 jobs
The slumping U.S. auto market dealt another blow to automotive jobs in Canada Thursday as Chrysler LLC announced it will eliminate about 1,100 jobs in Brampton, Ont. as part of its second restructuring in eight months. Chrysler will wipe out the third shift in Brampton during the first quarter of 2008, following on the heels of General Motors of Canada Ltd., which will stop third-shift production at a pickup truck plant in Oshawa, Ont., in January. The market situation has changed dramatically in the eight months since Chrysler established the recovery and transformation plan as its blueprint, Chrysler chairman and chief executive officer Bob Nardelli said in a statement Thursday. The move angered Canadian Auto Workers union president Buzz Hargrove.
Desire is irrelevant. I am a machine.
The Terminator knew; he tried to tell us, but I didn't want to hear it. Maybe the future has been written." Great. We are about to be destroyed by the machines we made, and there's not a thing we can do about it. Come to think of it, in "Lawrence of Arabia," O'Toole ended up having to execute the man he carried out of the desert. The poor soul must have been fated to die, one way or the other. "It was written, then," another Bedouin notes with a shrug. Maybe it's because of budget problems, maybe because the realities of Sacramento politics are finally hitting home, or maybe it's that being governor is no fun anymore. One way or another, it has been the weary, deterministic, Terminator 3 model of Gov. Arnold Schwarzenegger we have seen so far this year. Any hope that he will lead us out of the problems into which we've plunged ourselves Proposition 98, Proposition 42, and all the rest of the ballot-box budgeting measures was in vain.
Sky plans pay-DTT
Revenue in the second quarter rose to $7.8 billion from $6.7 billion. Films, DVDs and revenue from MySpace, News Corporations social-networking Web site, made up for losses at MyNetwork TV Revenue from the unit that includes MySpace rose to $518 million from $367 million. But profit at Fox Broadcasting fell 39 per cent, to $112 million. This was mainly down to the launch of an ambitious television network on a number of its stations that previously had aired programming from the defunct UPN Network. MyNetworkTV, which bet on English-language versions of Hispanic "telenovela" soap operas, has some of the lowest ratings in television -- far below those of the newly launched CW Television Network owned by CBS and Time Warner. MyNetworkTV's losses are estimated at $2 million a week.
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