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Both companies have promised to deliver fuel-efficient vehicles with advanced power trains that will alter perceptions about cars. "The Fisker Karma is the future of driving," says Henrik Fisker, founder and chief executive of the company bearing his name. "It proves we can drive environmentally responsible cars without sacrificing the emotional things that made us fall in love with cars in the first place." Fisker, the former design director for Aston Martin, has been in the auto industry for decades. (See the most important cars of all time...
...large grocery chain, in an effort to lure bargain-seeking customers from these stores. "If we are where the shoppers are anyway, it's a win-win for the customer, and for us," says Reid. Boosting the number of stores may help it steal market share from its chief competitors, Dollar General and Family Dollar, which have also done well in the recession and have significantly more stores than Dollar Tree (around 8,500 and 6,500, respectively). Dollar Tree touts one big advantage over these rivals: unlike Dollar General or Family Dollar, none of its products are priced higher...
...with so much excess production capacity that any recovery will be anemic, plagued by deflationary pressures, high unemployment and ailing bank-loan portfolios. "Unless we deal with the excess capacity situation, we will have a protracted crisis that will continue to wreak havoc on all countries," warned World Bank chief economist Justin Lin in a July speech. (See 10 things to buy during the recession...
...first pitch at the Angels-Athletics game. Once 5 ft. 11 in. and 190 lb., Wilhite has regained 30 of the 40 pounds he lost, and his father Tony jokes that Jon has gained a half-inch in height thanks to the work of Dr. Nitin Bhatia, the chief spine surgeon at UCI Medical Center. Wilhite says, "People say I have really good posture." (See a pictorial tribute to Nick Adenhart...
...Until recently, the Air Force hierarchy had insisted that the men and women "flying" its MQ-1 Predator drones be full-fledged pilots, even as they kept their feet firmly on the ground in Nevada. But General Norton Schwartz, tapped as the service's chief of staff last year by Defense Secretary Robert Gates, felt assigning such rated pilots to drones made little sense after spending $1 million and up to 18 months to train each...