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...hottest cars on the market, commanding premiums and long waiting lists. The folks who snickered when Toyota launched a youth brand, Scion, by importing funky compacts from Japan like the xB, are racing to develop their own hipster cars. Toyota is doing a bang-up job financially, forecast to post profits of $10.8 billion in its 2005 fiscal year, according to Prudential Equity Group. The company is gunning for 15% of the global market by 2010, which would most likely vault Toyota past GM as the world's largest automaker...

Author: /time Magazine | Title: The New Dude on the Road | 4/18/2005 | See Source »

...real surprise, then, is how well the old bag of tricks works in a set of loose-jointed, hand-clapping jams. Barnes’ newfound dance fever forces him to boil down “Forecast Fascist Future,” leaving a heady vocal lament and chugging guitars that amble and reverse but never outstay their welcome. Skipping vocal samples, hysterically-burbling keys, and glitchy drum tracks lend a thrilling dash of claustrophobia to “So Begins Our Alabee” and “The Party’s Crashing Us,” and rubbery...

Author: By Simon W. Vozick-levinson, CRIMSON STAFF WRITER | Title: NEW MUSIC: Of Montreal | 4/15/2005 | See Source »

...billion over three years, but only if the economy realizes some rosy assumptions: a growth rate of 4% over the next 3 years, inflation holding at 4% and a steady decline in interest rates to 5.5% from the current 9.5%. By contrast, Stockman pointed out, the consensus forecast of top private analysts is for 2.9% real growth, moderately higher inflation and significantly higher interest rates. If the "nation's 50 leading business forecasters are correct," Stockman dryly concluded in his Stock Exchange speech, the result would not be deficits declining toward $100 billion by 1988 as projected by the Senate...

Author: /time Magazine | Title: Cooking the Books | 4/12/2005 | See Source »

...Hiroshima was not only the suffering of people; the devastation of a city; the conclusion of a long and deadly war; the development of a scientific-military partnership; a new set of rules for U.S. Presidents and for international politics. It was a vision of the future, a forecast of the world's destruction. We did not like what...

Author: /time Magazine | Title: What the People Saw: A Vision of Ourselves | 4/12/2005 | See Source »

...troubles of financial giant BankAmerica were hardly a secret. A red tide of loan losses has swelled over the past four years, and Chairman Samuel Armacost last month forecast little or no profit for the second quarter. Still, the financial community was stunned when BankAmerica last week announced a net loss of $338 million for that period. It was the second-worst quarterly deficit in U.S. banking history (after Continental Illinois' $1.1 billion loss in the second quarter...

Author: /time Magazine | Title: Business Notes: Jul. 29, 1985 | 4/12/2005 | See Source »

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