Word: gas
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WASHINGTON, D.C.—The Harvard men’s basketball team finally ran out of gas...
...average of 6.7 cents per kilometer. So, for instance, a trip from Amsterdam to Eindhoven and back - a distance of about 250 kilometers - will cost the driver of a standard sedan about €7.5 ($10.75) in 2012. Rates will be higher during rush hour and for people who drive gas-guzzlers instead of fuel-efficient models. All the revenue will go toward improving road and rail infrastructure...
...market leader Anheuser-Busch. Tractor Supply lands on the list; Wal-Mart doesn't. Even with the economic crisis, a number of financial firms show up, including asset manager Blackrock, regional bank Iberiabank and homebuilder NVR (parent of Ryan Homes). The decade's best industry: oil and natural gas. A full 34 companies - 17% of the list - either drill, transport, refine or sell the stuff. (See the worst business deals...
...buyers worldwide shift away from gas-guzzlers to smaller vehicles, India appears destined to become a hub for manufacturing small cars for export, says Shekhar Vishwanathan, deputy managing director for Toyota in India. Toyota has designed a new small car for India, which is slated to start rolling out of the Japanese giant's plant at Bidadi on the outskirts of Bangalore by the end of 2011. Toyota plans to eventually export the car to South Africa and other developing markets...
...tentative close. The U.S. announced it would pay $3.4 billion to settle claims that it underpaid beneficiaries and mismanaged revenue from land it holds in trust for more than 300,000 Native Americans under an 1887 law. (The government oversees leases of land for mining, oil and gas drilling, livestock grazing and other uses.) The Federal Government also agreed to create a $60 million higher-education scholarship fund for Native American students. President Obama called the proposed settlement in Cobell v. Salazar--one of the largest and most complex class actions ever brought against the government--an "important step toward...