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Good news from UPS may also be good news for Main Street. The Atlanta-based UPS and its main rival, FedEx, are in some ways economic bellwethers. The 15.1 million packages that UPS handles every day translate into about 6% of the U.S.'s gross domestic product and 2% of the world's. Consider too that the shipping giants may actually be lagging indicators. "In downturns, companies let inventories deplete before they restock," Becker says. "That means demand--and the economy overall--must go up significantly before UPS's business improves...
...wall out of a brick warehouse building in North Philadelphia. Inside, there were six 500-gal. tanks. If you ran that every day, you would make about 4,200 gal. of moonshine a week. I was blown away. If you sold that by the shot, that's about $10 million. That amazed me. I thought, along with everyone else, that moonshine was just something made by lazy hillbillies. (See the top 10 Prohibition tales...
...multidepartmental investigation called Operation Lightning Strike that brought in the feds. This was centered on a farm store in Rocky Mount, Va., called the Helms Farmers' Exchange. This was a very badly kept secret in the world of moonshine. From about 1992 to 1999, the farmers' exchange sold 12 million lb. of sugar, enough to make 2 million gal. of liquor, which is approximately the same as what Maker's Mark was making at the same time. What they did by knocking it up to the federal level was that they could invoke the RICO statute, meaning you were guilty...
...first put the brand up for sale in 2008, hoping to raise as much as $500 million. The Tengzhong offer was estimated to be closer to $150 million. "We have since considered a number of possibilities for Hummer along the way, and we are disappointed that the deal with Tengzhong could not be completed," John Smith, GM's vice president of corporate planning and alliances, said in a written statement that was released on Wednesday. "GM will now work closely with Hummer employees, dealers and suppliers to wind down the business in an orderly and responsible manner...
...currently exchanging rancid-butter bombs with water canon fire from the whalers. On Feb. 15, New Zealander Pete Bethune, the former captain of the Ady Gil crew, boarded Japan's Shonan Maru 2 in the middle of the night, presented the skipper with a $3 million invoice for sinking the Ady Gil, and attempted a citizen's arrest. Bethune was detained by the crew of the Japanese vessel, and according to Paul Watson the President of the Sea Shepherd Conservation Society the ship has turned back to Japan. Bethune could be facing trespass charges in Tokyo. "It's one more...