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...projects, including the U.S.-based production, engineering and assembly of the Model S, an all-electric family sedan. The Model S assembly plant will employ about 1,000 workers in Southern California. "We're already engineering the Model S, a seven-seater family sedan that will have a base price of $49,900 after a federal tax credit that will [over the longer term] cost the equivalent of a car that retails for $35,000, given the relatively expensive cost of gasoline vs. electricity," says Diarmuid O'Connell, Tesla's vice president of business development...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

...developing and manufacturing a less expensive Fisker hybrid in the U.S., which has been dubbed Project Nina. His new company expects to build between 75,000 to 100,000 of these highly efficient vehicles starting in late 2012; the second-generation Fisker will be a relative bargain, with a price tag around $40,000. (See the 50 worst cars of all time...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

...Today's deals don't come cheap. Xerox's bid for Affiliated Computer Services, for example, represented a 33% premium on ACS's closing price on the previous trading day while Adobe's $1.8 billion acquisition of Omniture represented a 45% premium on Omniture's average closing price in the month leading up to the offer...

Author: /time Magazine | Title: Tech Mergers and Acquisitions Coming Back | 10/7/2009 | See Source »

...that's a big new function that most states would not be set up to do." Baucus' bill would not have exchanges negotiate with insurers, but an amendment added to the bill does call for a "rating system for plans entering the state exchange based on relative quality and price." These ratings would be posted on exchange websites to allow consumers to compare prices and quality for similar plans...

Author: /time Magazine | Title: Health-Care Reform: Will States Get Too Much Power? | 10/7/2009 | See Source »

...blockade drove most of Gaza's economy, including parts of Draimli's pet business, underground. "Now we bring things like bird cages through the [smuggling] tunnels [on Gaza's border with Egypt]," he says, adding that they are no longer allowed to import the cages from Israel. "The price in Egypt is cheaper than it is in Israel. But the problem is that we have to pay $50 for each container to bring them through the tunnel. So we can't make any money...

Author: /time Magazine | Title: Raising Cats in Gaza: A Pet Store Owner's Lament | 10/7/2009 | See Source »

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