Word: engineeer
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So the Bavarians paid $66 million just for a name? "It's a steal," says FORTUNE auto writer Alexander Taylor. "Rolls-Royce is the best car brand there is." But won't all those Arab sheikhs sour on the brand once they find out it's a Rolls in name...
"First we just yelled out 'Mr. President, will you testify?' whenever he would get into his limo, or off Air Force One," says TIME Daily Washington correspondent Declan McCullagh. "But he barely even looked up. Then we'd ask him, 'Can we ask you some questions?' That didn't work...
Not since Bill Gates took Microsoft public in 1986 has Wall Street witnessed anything like the wealth-creating power of today's Internet stocks. Consider Amazon.com an online bookseller that has lost more than $30 million since 1995 with nary a penny of profit in sight. No matter. Amazon's...
These high, demand-driven prices become, in a sense, a self-fulfilling prophecy. So-called short sellers--speculators who borrow stock and then sell it in the expectation that its price will drop--have been furiously buying back shares in recent months to cut their losses as the stock goes...
I first knew I wasn't exactly handy when I tried to change the spark plugs on my family's Volkswagen bus. The plugs didn't need changing--the van was new. But I was a teenager, and this seemed like a good excuse to get under the hood and...