Word: holidaying
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Dates: during 2000-2009
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Retail sales may be sluggish this holiday season, but aside from theft, there's at last one ultra-cheap way to put more presents under the tree. Organizers behind the massive online freebie network known as Freecycle.org say that they have noticed a surge in new users looking for hand-me-downs and raw materials being given away on the nonprofit site, which has more than 6 million members around the globe. "People used to ask others in the network for luxury items," such as laptops and other high-tech gadgets, says Michelle Martinez, a Freecycle volunteer who oversees...
...statement about the extended holiday shutdown, Chrysler said the lack of financing for car loans contributed to the move. "Due to the continued lack of consumer credit for the American car buyer and the resulting dramatic impact it has had on overall industry sales in the United States," the action was needed, the company said. At a recent meeting between Chrysler management and dealers at Chrysler's headquarters, the dealers asserted that they have willing buyers for Jeep and Dodge vehicles but are unable to close the deals due to lack of financing. "The dealers have stated that they have...
Ford, while not seeking federal aid, has announced plans to extend its holiday shutdown at 10 assembly plants next month. Lewis Booth, Ford's chief financial officer, declined to make predictions about industry-wide sales for 2009, but noted, "We're seeing weak sales in Western Europe and in Eastern Europe, where sales in Russia dropped." Russia's weakness prompted Ford to trim production at its new assembly plant near St. Petersburg. "We're even seeing weakness in South America, where sales were very strong right through September," he said. Ford, however, has enough cash to make it through...
Where is Everyone? The airways may be a little less congested than usual this holiday season. The Air Transport Association of America predicts there will be 9% fewer passengers flying this year than last - but that's no guarantee you won't get stuck in the middle seat. Airlines have cut capacity, so the downturn in traffic may not get you much more than a shorter line through security...
Cure your post-holiday blues with the hotel's "Stay Merry" package, which includes skating at Rockefeller Center, a carriage ride through Central Park, with a boxed lunch from the hotel restaurant, hot toddies when you return and dessert by your bedside. It costs $750 for two for two nights, Jan. 2 to March 31. 157 West 47th Street, New York City; 866-950-7829 (See 10 things to do in New York City...