Word: june
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...meantime, foreclosures and unemployment continue to tick up. According to RealtyTrac, an online foreclosure database, the number of properties receiving foreclosure notices in July totaled 360,149, up 7% from June and up 32% from the same month a year...
...wasn't fully a Toyota decision: Toyota's partner in the plant, General Motors, elected to pull out last June, leaving the plant unprofitable, Toyota says. "After the decision by General Motors to withdraw from the NUMMI joint venture, Toyota conducted a thorough review of its alternatives in light of current and anticipated market conditions," says TMC executive vice president Atsushi Niimi. "Based on this review, we have determined that over the mid-to-long term, it just would not be economically viable to continue the production contract with NUMMI." (See the most exciting cars...
...Delphi, are teetering on the brink of collapse. Lear filed for Chapter 11 bankruptcy protection a month ago, citing the need to restructure $3.6 billion in debt. Meanwhile, Delphi, a former GM subsidiary based in Troy, Mich., and that automaker's biggest parts supplier, emerged from bankruptcy protection in June after unloading $6.2 billion in pension liabilities on the Pension Benefit Guaranty Corp. (PBGC), a U.S. government agency whose job is to protect private pension plans. (See the 50 worst cars of all time...
...Kennedy's funeral was one of those events that shoved history around a corner. That was the day the '50s became the '60s, that new generation bearing its torch now using it to set fires. By the time of Bobby Kennedy's assassination in the early hours of June 5, 1968, the dreamy promise of Camelot seemed like a mirage. The City on a Hill was burning down, American power and goodness both turning to ashes in Vietnam. In New York the murder rate jumped 21% in 1968 alone; and then murder swept away first Martin Luther King and then...
...Reportedly raised $100,000 for Clinton's 2008 campaign, and went on to raise $500,000 for Barack Obama after Clinton bowed out of the race in June...