Word: fasts
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...story is laced with warnings for its fast-rising rival. While GM is still the world's biggest automaker, its North American market share has slid for years despite costly incentive programs. Saddled with excess capacity and sluggish sales of all-new cars like the Pontiac G6, the company recently forecast a first-quarter loss of nearly $850 million. Highly profitable, full-size SUVs like the Chevy Tahoe risked looking like beached whales as record gas prices crimp sales and consumers shift to smaller models and hybrids made by rivals. (Until recently, GM dismissed passenger-car hybrids as a lousy...
...Iraqi army soldiers the U.S. has trained are still kids who "just know the basic soldiering skills--they've learned to march and shoot their rifles." If the U.S. hopes to get its troops out anytime soon, those Iraqis are going to have to grow up fast. --With reporting by Douglas Waller/Washington
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...lagoon from Malé, is a tide gauge that has been beaming data to the University of Hawaii Sea Level Center in Honolulu since 1989. The good news, says the center's director, oceanographer Mark Merrifield, is that sea levels around Malé do not appear to be rising quite as fast as in many other places in the world. That may sound odd, but the simple expansion of water as it warms is complicated by local wind and current patterns. Beyond that, changes in the height of land masses as soils compact or tectonic plates slip and slide can offset...
People is in danger, however, of moving too fast. Several other discount carriers spawned by deregulation, including Air Florida, ended up in bankruptcy after overexpanding. Admits Donald Burr, People's founder and chairman: "There are risks in growing too fast, and there are risks in not growing at all. If I had my choice, I'd take the risk of growing too fast." He argues that his company is healthier than it has been in months. After suffering a $27 million loss between last October and March, the airline reported a record profit of $13 million for the April-June...