Word: carred
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...Then came October. Sales plummeted an astounding 45% over the same period last year, a result of a slowing economy and a dearth of financing for would-be car buyers. Total U.S. car and light-truck sales this year could come in at 13.5 million, 2.6 million fewer than last year. "That's in nobody's business plan," says Kimberly Rodriguez, an automotive specialist with Grant Thornton. "The best planning in the world cannot survive that fluctuation." It's now clear that GM can't survive as an ongoing entity without massive federal assistance. The company is burning through more...
...Although the Detroit Three directly employed about 240,000 people last year, according to the industry-allied Center for Automotive Research (CAR) in Ann Arbor, Mich., the multiplier effect is large, which is typical in manufacturing. Throw in the partsmakers and other suppliers, and you have an additional 974,000 jobs. Together, says CAR, these 1.2 million workers spend enough to keep 1.7 million more people employed. That gets you to 2.9 million jobs tied to the Detroit Three, and even if you discount the figures because of CAR's allegiance, it's a big number. Shut down Detroit...
...believes buying mortgage bonds is no longer the best use for the remaining TARP funds. Instead, he said, Treasury is looking at injecting more money into struggling "banks and nonbanks." He said he plans to use some of the remaining bailout fund to support the market for troubled car loans and credit-card debt, as well as to reduce home foreclosures...
...with food and the occasional "Good boy!" or "Hey wiggles!") Maybe it's the depressing economy or the end of the electrifying election season that's left viewers looking for a little cuteness to offset a malaise, but regardless, these tiny puppies are completely captivating. It's like the car accident you can't turn away from, except a lot less morbid and more adorable...
There were conflicting reports about the nature and number of attacks in Kasra, which is part of the mixed Sunni and Shi'ite district of Khadamiya. The district's police chief issued a statement saying that there were twin car bombs. The Interior Ministry had a different view. In the first blast, the ministry said a car bomb planted in or near a mini-bus ferrying schoolgirls exploded. It was rapidly followed by a suicide bombing targeting onlookers rushing to help, according to an Interior Ministry official. The estimates numbered the dead from 25 to 31, with some 70 people...