BRIEFCASE.Byline: - Staff and Wire Services L'Oreal president has Sexy new job CHATSWORTH - Sexy Hair Concepts got a new chief executive and a whole lot of money, the hairspray manufacturer announced Tuesday. Jim Morrison Noun 1. Jim Morrison - United States rock singer (1943-1971) James Douglas Morrison, Morrison , formerly president of L'Oreal, will take over from Michael O'Rourke, who will remain chairman. Morrison brings with him 23 years of industry experience and up to $30 million in investment money. Antidepressant antidepressant, any of a wide range of drugs used to treat psychic depression. They are given to elevate mood, counter suicidal thoughts, and increase the effectiveness of psychotherapy. maker settles PHILADELPHIA - The maker of the antidepressant Paxil agreed to pay $14 million to states to settle allegations that it blocked generic versions of the drug from being made, causing the states to pay higher prices. A spokeswoman for Paxil's maker, London-based GlaxoSmithKline PLC, said the company denied any wrongdoing wrong·do·er n. One who does wrong, especially morally or ethically. wrong  do and was not admitting liability in making the settlement. GM not be able to sell stake NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - General Motors Acceptance Corp. said Tuesday it may be unable to sell a majority stake of its operations, in a regulatory filing that again highlighted the myriad financial woes at the world's largest automaker. GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance , the giant finance arm of General Motors Corp., said in its annual report that 1/2we are uncertain at this time if any transaction 5/8 will occur for GMAC or any of its subsidiaries, including residential mortgage arm Residential Capital Corp. Automaker lays off hundreds DETROIT - General Motors Corp. laid off several hundred white-collar workers white-collar workers, broad occupational grouping of workers engaged in nonmanual labor; frequently contrasted with blue-collar (manual) employees. American in origin, the term has close analogues in other industrial countries. Tuesday as part of a plan to bring its ailing North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. back to profitability. It was the first round of salaried cuts this year for the world's largest automaker, which is struggling with sluggish sales, shrinking U.S. market share and high health and pension costs that put it at a competitive disadvantage against Asian rivals. GM didn't give an exact figure but said fewer than 500 jobs were cut Tuesday at 30 locations across the United States, including factories and engineering centers. A cut of just less than 500 jobs would represent about 1.3 percent of GM's U.S. salaried work force of 36,000. |
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