Word: auto
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Dates: during 1990-1999
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...White House knew Chung was funneling money from Chinese sources or that Chung ever lobbied anyone about the transfer of satellite-launch technology. Chung's lawyer, Brian Sun, insists Liu never discussed satellites or waivers with Chung. At least part of their partnership concerned the prosaic business of trading auto parts and telephone equipment...
...wants to haggle in a dealer's high-pressure showroom when you can take the pick of the lot in cyberspace? Some 2 million online shoppers--an estimated 15% of all new-car buyers--are flocking to a lengthening list of auto websites to compare makes and models, scout out the best insurance rates and find the nearest dealer with the car in stock. This week autoconnect.com a giant virtual warehouse for used cars, joins a growing pack that includes autobytel.com autoweb.com and Microsoft's carpoint.com...
...course (and speaking firsthand, obviously), reevaluation is easier said than done. It's simpler to put our lives on auto-pilot and not stop to consider what we're doing and where we really want to go. We know we can excel at doing what's expected of us, what we're told is worthwhile. We've been doing that all our lives. It's asking whether those things are what we really want--and being true to ourselves if the answer is no--which is more difficult...
...reveals volumes about the culture gap: last year Chrysler earned $2.8 billion producing 2.88 million vehicles with 121,000 workers, while Daimler-Benz earned $1.78 billion making 1.13 million vehicles on a payroll of 300,000. "Such a difference can lead to real conflicts in investments," warns one German auto executive...
...risk is a laughable concept to those of us who have no assets to risk. What most Americans truly need is credit-card rates that reflect today's realities. I'd be happy to pay a small fee to a big company that could search the world for cheaper auto insurance and a less costly car loan. A true genius will make the most of the negative net worth of consumers and provide cheaper services. OMAR BARRAZA Seattle...