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...typically a slower sales month than March, and we're already getting signals that some automakers will extend their incentives," notes Edmunds analyst Jessica Caldwell. Moreover, despite the big gains reported by many automakers for March, the seasonally adjusted rate of auto sales came in at about 12 million units, a bit less than the more-optimistic forecasts. (See GM's great hopes...
Flier said that the Medical School owns property where departments could move. But relocating departments to those buildings would require foregoing rent revenue from tenants who currently lease the space at a time the school is expected to make further cuts to its $560 million budget...
...second troublesome contract called on Harding's firm to provide 40 interrogators to work in Iraq for his old office - the Defense Intelligence Agency - where he had served as director of operations from 1996 to 2000. While the contract could have been worth $50 million, the Army ended it after spending only $6 million because of the relatively few Iraqis the U.S. military wanted to question, Harding told a Senate committee last week. But some $2.4 million of that ended up being questioned by government auditors. That included "severance payments" averaging $20,000 each that Harding had paid to each...
...Harding, a two-star Army general, retired in 2001 and two years later set up a company with his wife as his partner. Then, in 2008, their company landed a nearly $100 million contract from the Army that involved identifying people via retinal scans and other unique biometrics. Harding's company was the only bidder, according to the Washington Post. The company collected about $200 million in federal contracts before Harding sold it last year...
...Tigers and Bears Mountain Village in southern Yunnan province had 400 tigers when the sales ban was enacted. In hopes the ban would be temporary, the farm continued breeding and now has 1,500 tigers. Each tiger costs roughly $9 per day to feed, which equates to nearly $5 million a year in costs for the park. The revenue the village receives from visitors is far less than that. Some facilities have turned to unusual schemes to generate extra income. At the Harbin Siberian Tiger Park, visitors can pay about $6 to buy a live chicken tied to a stick...