Word: coreness
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...Starting this [weekend] we're going to be running ads across all of our core brands that specifically mention cash for clunkers," said GM spokeswoman Susan Garontakos. GM is also mounting a direct-mail campaign designed to explain the program. Garontakos adds that these programs are in addition to specific financial incentives ranging up to $4,000 that GM offers on slow-selling models. "Our dealers are looking for an uptick in sales," she says...
...part, Citigroup says its turnaround plan - which has effectively split the company in two - is working. And while Citi Holdings, in which Citi has stuck its mortgage loans, is still in bad shape, Citi officials say Citicorp, which the bank calls its "core" investment bank and its retail bank divisions, is on the mend. Later this week, Citi plans to complete the first stage of a deal to swap a large chunk of its preferred shares for common stock, which will greatly improve the financial standing of the bank - though it will also more than quadruple the company's shares...
...capital's Bollywood cinemas were flung open to the public. The language of cosmic love that animates Bollywood music and enchants millions of Muslims around the world, even if sung and acted out by non-Muslims, is a direct legacy of centuries of Sufi devotional poetry. At Sufism's core, suggests Oxford University's Devji, is an embrace of the world. "It allows you to identify beyond your mosque and village to something that can be both Islamic and secular," he says. "It's a liberation that jihadis could never offer...
...Moreover, it's highly likely that McGraw-Hill, unlike Forbes or Time Inc., does not see running a consumer magazine as a core business. What McGraw-Hill does best is provide specialized information: trade magazines, financial-services data, textbooks. The news business is not in its DNA, just as business journalism wasn't in Conde Nast's. Business Week was a stepchild tolerated only as it more or less paid its own way and offered prestige. Once it became a burden, it needed to be hustled off the estate...
...sideline his kid while waiting for the market to come back. His son Tyler will start at ACC this fall and, as long as he lives at home, will save the family about 90% of the annual tab at a four-year residential college. "He can get his basic core courses out of the way at ACC and then do his focus for his major at a four-year institution," Anderson says. (See pictures of a college for Native Americans...