Fiat move for GM would create $100B giant

Fiat Group, fresh from an agreement to buy a piece of troubled automaker Chrysler, has plans to purchase GM Europe and spin-off the recombined carmakers into a new company. If successful, the new company would become one of the largest car manufacturers in the world behind Toyota. The combined company would generate about $100 billion annually with sales of between 6 and 7 million cars a year

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Fiat plans to purchase GM Europe

Fiat Group, fresh from an agreement to buy a piece of troubled automaker Chrysler, has plans to purchase GM Europe and spin-off the recombined carmakers into a new company. If successful, the new company would become one of the largest car manufacturers in the world behind Toyota. The combined company would generate about $100 billion a year with sales of between 6 and 7 million cars a year.

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N. Korea seen as using bargaining chips

North Korea’s announcement last week that it has begun reprocessing nuclear fuel rods at the Yongbyon nuclear facility about 60 miles (nearly 100 kilometers) north of the capitol, Pyongyang, raises questions about the secretive nation’s agenda. CNN talked to two top North Korea experts to gain insights into what North Korea may be signaling, what it is realistically capable of accomplishing, and what the developments mean for its relations with the U.S

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Being Green May Help Business in Bad Times

It hardly bears pointing out that during these days of 7.6% unemployment, when the business pages of the local newspaper look more like the obituaries, no industry is doing well — and that includes green business. Wind and solar manufacturers, starved for credit, are cutting back on projects and laying off workers

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In rural Alaska villages, families struggle to survive

Thousands of villagers in rural Alaska are struggling to survive, forced to choose between keeping their families warm and keeping their stomachs full, residents say. Harvested nuts and berries, small game animals, and dried fish, are the only things keeping some from starving. To get to the nearest store, Ann Strongheart and her husband, who live in Nunam Iqua, Alaska, take an hour-and-15-minute snowmobile ride to Emmonak, Alaska.

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