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...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's vice president of business development...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

...struggling with declining sales and profit margins as consumers and businesses hang on to their PC systems and laptops longer, and view software upgrades as a luxury. Also, companies are being forced to slash prices on computers and related equipment to compete with cheaper products being produced in low-cost economies like China. (See pictures of the best-selling cars in China...

Author: /time Magazine | Title: Tech Mergers and Acquisitions Coming Back | 10/7/2009 | See Source »

...part of our cost-cutting efforts, we’re doing our little part here in our Faculty meetings, saving about $500 per meeting for cookies and coffee,” Faculty of Arts and Sciences Dean Michael D. Smith explained during the meeting...

Author: By Bonnie J. Kavoussi and Lauren D. Kiel, CRIMSON STAFF WRITERS | Title: Faculty Meeting Lacks Usual Cookies | 10/7/2009 | See Source »

...much power federal health reform gives to states to manage exchanges - as envisioned in the Baucus bill - is a key element for controlling the cost of private health insurance for individuals and small businesses. "It's not whether they can or can't [establish an exchange]," says Alan Weil, executive director of the National Academy for State Health Policy, a nonpartisan, nonprofit organization. "It's whether they will do it in an active way. An insurance exchange could just be a website that posts products, and you could do that with two people and an IT person...

Author: /time Magazine | Title: Health-Care Reform: Will States Get Too Much Power? | 10/7/2009 | See Source »

...developing world and has just finished building a secondary school in Afghanistan—were present at the event. Elizabeth K. Brook ’10, co-director of the organization, said she agreed with Kristof and WuDunn’s emphasis on incremental efforts, explaining that the cost of education and clean water can be covered for a student in their newly-constructed school with just $5 per month...

Author: By Kerry K. Clark, CONTRIBUTING WRITER | Title: Journalists Explore Oppression of Women | 10/6/2009 | See Source »

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