Word: auguste
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...from the same period last year. Such trade used to be stymied by a ban on cars that didn't meet exhaust emission standards, and wrecks that could no longer be driven, but with E.U. regulations ending the restrictions, nearly 400,000 used cars entered Poland between May and August - 25 times more than in the first four months of the year. With car-repair costs around four times lower in Poland than in Germany, Polish buyers can import a damaged car and fix it up. "Long term, it will cause turmoil in the car market," grumbles Poznan-based...
...Diddy's kiddies are eating into his Cristal budget. The hip-hop mogul, also known as SEAN COMBS, is appealing a judge's August order to pay $35,000 a month to Misa Hylton-Brim, the mother of one of his two sons, Justin, 10. Combs has been paying $5,000 a month to Hylton-Brim, plus covering Justin's schooling, medical and other expenses, Combs' publicist said. "It's not about child support," Combs told the Associated Press last week. "It's about adult support." Or maybe the little guy just needs his very own Bentley...
...billion in 2006. This promises to be a boon for the e-mail archivers--a niche industry that has emerged to help companies cope by shifting from the costly process of sorting through unorganized data stored on backup tapes to proactive email archiving with speedy search engines. In August, Veritas Software paid $225 million for e-mail archiver KVS, while fellow archiver Zantaz snapped up Steelpoint Technologies; both acquired companies provide e-discovery services to many a blue-chip client. E-mail archiver iLumin has also just created a discovery-services unit, which has attracted four of the five largest...
...DECREASE IN MONTHLY CEO TURNOVER, FROM 54 IN JULY TO A NEAR RECORD LOW OF 48 IN AUGUST...
Bank One and J.P. Morgan Chase. Now the pairings are trickling down the asset chain. In late August Citigroup said it was buying its way into retail banking in Texas by acquiring privately held First American Bank. Two days later, Canada's Toronto-Dominion Bank announced it would spend $3.8 billion for 51% of Banknorth Group, based in Portland, Maine, which is itself expanding southward by acquisition...