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Tesla says it will use the loans to support two specific projects, including the U.S.-based production, engineering and assembly of the Model S, an all-electric family sedan. The Model S assembly plant will employ about 1,000 workers in Southern California. "We're already engineering the Model S, a seven-seater family sedan that will have a base price of $49,900 after a federal tax credit that will [over the longer term] cost the equivalent of a car that retails for $35,000, given the relatively expensive cost of gasoline vs. electricity," says Diarmuid O'Connell, Tesla...
...Moving into new businesses is no slam dunk. "There is always a risk when a company acquires a business that's outside their core competency," says Ivey. For example, when eBay gobbled up Skype, its plan to tap into Skype's massive customer base failed, and it's now selling Skype...
...trucking firm pays a local commander from $5,000 to $6,000 for the safe passage of each fuel tanker along the highway, a sum which he suspects the Taliban get a share of. He also claims that in order to ship fuel from Kandahar to a Dutch base at Tirin Kot, the firm hired a local tribal mafioso who boasted of having a strong militia to protect the convoy. The arrangement worked well until the trucking firm quarreled with the mafioso over a price hike. The next convoy was ambushed, two tankers were set ablaze, and drivers reported that...
That may be just how Kagame wants it. Human-rights groups say he has used the specter of the genocide to solidify his power base and perpetrate a new campaign of repression. The media is no longer free. Last year, the government passed a vague law that seeks to stamp out "genocide ideology." That has chilled free speech and criticism of the government. (Read "Rwanda's Most Wanted...
...Petrizzo spent much of the first six years of his Air Force career tending to intercontinental ballistic missiles. But he left his Montana base last weekend for his new permanent Predator posting at Creech. He disputes the popular perception of his new job. "When people say it's a video game - just like playing Xbox - I really take offense at that," he says. "You have to have an air sense and all that aeronautical decision-making down pat." While he has never had to fire a missile in anger, he knows that is likely to change once he begins...