Done Deal: After Supreme Court declines to hear case, Fiat acquires Chrysler.
Chrysler was openly acknowledged as a test case for General Motors, a far larger and more complex company only in the early stages of its bankruptcy case.As envisioned by Chrysler, Fiat and the government, Wednesday’s sale will create a new carmaker freed from old Chrysler’s crushing labor costs and debt levels. It will have gained in Fiat, which will run the company, a partner skilled in making and selling small, fuel-efficient cars around the world.
Nuclear Options: UN drafts sanctions against North Korea that would restrict money transfers, cut loans, and intercept cargo ships. Officials expect to pass the resolution—pissing off North Korea—later this week.
Those Poor Insurance Companies: Air France crash may be the most costly air disaster yet, insurers whine, at more than $150,000 per victim.
The Abyss: France dispatches nuclear sub to search for the black box on the sea floor. Crews have found 41 bodies so far.
Companies Having a Row: Apple disses on AT&T at tech convention, increasing speculation that Verizon will pick up the iPhone by next year.
Chaps Having a Spat: Politics are weird in the UK.
You're Hired, Soldier: City council considers a bill to provide anti-discrimination protections to veterans seeking jobs and housing.
Hate Mongers: Garfield High School student organizes counterportest to Westboro picketing.
Fishmongers: PETA is outraged about fish-tossing in the Pike Place Market. Because they're fish, you see, not toys.
Little Shits: Group of teenage boys beat transgender woman in the Rainier Valley. Police have arrested one of the alleged attackers and are investigating the case as a hate crime.
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The victim, in her 30s, told police "that as soon as the suspects got to him, they started hitting and kicking him at the same time one of the (suspects) was attempting to take his backpack," according to a police report.
The victim held onto her backpack and briefly got away. But she told police they charged again, knocking her to the ground. She said she heard a homophobic term said when she was being beaten, and one of the boys stated they were going to kill her.
"He also stated that he sometimes wears a skirt and he stated that he believes he was attacked because of this," according to the heavily redacted report.
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