Word: havener
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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...
...your adjustable-rate loan is still new, the higher rates haven't yet taken a bite, but the years ahead may be nerve-racking. According to the National Association of Realtors, the median first-time home buyer's deposit last year was just 2% of the price, while 43% of first-timers put down nothing. That means those real estate newbies will eventually face a sizable chunk of loan principal paired with growing interest payments. If you can't sell before your initial low rates expire, you may want to refinance into a new kind of hybrid loan, such...
...Tuesday, Bush toured America's retirement haven, Florida, pleading with seniors not to miss out on what he calls "a fantastic opportunity." "We want people to understand that they are going to save a lot of money when it comes to prescription drugs," Bush told dozens of elderly who had gathered at Ft. Lauderdale's Broward Community College for enrollment help from government officials, as loudspeakers played Frank Sinatra's "Young At Heart...
...Have people's expectations since independence four years ago been unrealistic? The high expectations of urban people haven't been realistic. Nevertheless, the government could have done more to address the demands of the poorest people by investing quickly in infrastructure development to provide jobs. Instead, it has been too careful not to spend money without first having the legislative framework in place. But sometimes social pressures and expectations cannot wait for that. We should go ahead anyway...
...makes a striking first impression. Then again, 34-year-old owner Loh Lik Peng didn't make his name by pandering to conventional notions of innkeeping. The lawyer-turned-hotelier's first property, Hotel 1929, saw a colonial-era terrace on the fringes of Chinatown transformed into a modish haven of 32 small but eccentrically styled rooms. The latest venture, a couple of streets away, is a grander vehicle for his bohemianism. There are avant-garde murals and installations by nine up-and-coming local artists, and eminent creative talents were involved in the design of some of the accommodation...