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...these awful sales numbers jeopardize any aspect of the Obama rescue plan? Manufacturers insist that the latest car sales are a reflection of the underlying weakness of the U.S. economy. Bob Carter, head of the Toyota sales apparatus, notes that the Japanese automaker's sales totals continue to suffer from California's economic crisis as well as its real estate downturn. "It's not one thing: it's real estate, it's availability of credit, it's unemployment" that's hurting California sales, he says. Mike DiGiovanni, GM's general director of market analysis, says the present economic numbers suggest...
Brauchli spent much of the morning calling news organizations clarifying his newsroom's stance. "We insist on remaining journalists at any event," he says. "Anything said at the conferences would be allowed to shape and inform our coverage." So much for off the record. And most importantly, Post journalists were not going to be pimping the event, calling around their sources and contacts in the Administration to get them to come to the dinner, as the invitation seemed to imply...
...continue to insist that there's no need for layoffs at this time, and that's our position," he said. "In prior recessions, if you got laid off, you could find a job, although maybe not the best job...[it's] a whole different ball game now. This is like life or death stuff, and I'm being completely honest. We see the consequences of people losing houses and healthcare when they can't find work, and we've seen this in our own union...
...single worry is the economies in the region," says Nick Hill, bank credit analyst at Standard & Poor's in London. "We think they've taken measures to pull in their horns, but it is a bit of a stretch to say they're immune from the environment." StanChart executives insist that their carefully managed loan portfolio can withstand the recession better than some expect. Though they did see a spurt of losses from bad loans while the financial crisis was roaring, managers say the situation improved in early 2009. "There is no direct correlation with macro numbers and the individual...
...prosecutors allege, cut Kercher's throat after she refused to take part in group sex with Knox; Knox's boyfriend at the time, Raffaele Sollecito; and Rudy Guede, an Ivoirian now serving a 30-year prison sentence for the murder? Or was Knox, as friends and family in Seattle insist, a hardworking honors student railroaded by incompetent and overzealous police work? Testifying on June 12 for the first time, Knox fought back in her own words, claiming that she had been bullied into making a false confession, accusing Italian police of abusing her and insisting she was sleeping at Sollecito...