Word: forde
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Katrina dealt another knockdown punch to Detroit. Ford and General Motors rely heavily on full-size SUVs for profits, and sales of those vehicles were softening even before the latest surge in gas prices. "We have some dealers we haven't been able to contact," says Ford spokesman George Pipas, who estimates that 40 Ford and Lincoln-Mercury dealerships in southern Alabama, Mississippi and Louisiana were affected by the storm. Katrina forced Nissan to close its assembly plant in Canton, Miss., 211 miles north of New Orleans. When the plant reopened, employees reported they were having a hard time finding...
...never underestimate the indefatigable American profit motive. One Houston contractor, Bert Screen, hopes to make his fortune rebuilding New Orleans. He was packing up his Ford pickup last week, rounding up a crew and planning to head east. "In a twisted way, I'm looking forward to it," he says. "I've always felt New Orleans was my second home, so I will help rebuild it, and make a pile of money." The recovery has already begun. --With reporting by Lisa Takeuchi Cullen, Jyoti Thottam, Dody Tsiantar and Deirdre van Dyk/New York, Wendy Grossman/ Houston and Douglas Waller/Washington
RAGING GRANNIES Their cheesy jingles ("We're a gaggle of grannies/ urging you to get off your fannies") reflect the rebel 'tude of this global cabal. Members of a Palo Alto, Calif., chapter promoting fuel-efficient cars were arrested in March after chaining themselves to the gates of a Ford dealership...
...considered safe when properly conducted, but the Food and Drug Administration, which regulates the devices, does not approve of what it calls "entertainment ultrasounds." Lieu says, "This bill was never intended to target Tom Cruise." (The actor had no comment.) But as Lieu's chief of staff David Ford puts it, "California is a state that sets fashion trends, and we don't want this to become the fashionable thing...
Patrick Kennedy, who mysteriously plowed his Ford Mustang into a security barricade on Capitol Hill last week, once seemed the great hope of his generation of America's most storied political dynasty. He won his first election at 21: a college junior who had lived in Rhode Island only two years, Kennedy trounced a five-term incumbent to win a seat in the state legislature. In 1994 he was elected to Congress, and people predicted he would follow his father Edward into the Senate...