Word: purchaseed
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But even with infrastructure improvements, the shift to electric cars is likely to take years, even decades. According to Alan Madian, a director at the research firm LECG, even assuming solid growth, we can't expect more than 68 million plug-in hybrids by 2036, which would account for less...
Investing isn't so much buying a stock or a bond or a house, it's about buying into the belief that an asset you purchase for 10 bucks today will be worth more than that sometime in the future. Never mind that the future is generally being promoted by...
Before he became the President, CEO and Chairman of Bank of America Corp. - and the man whose $50 billion purchase of brokerage firm Merrill Lynch & Co. was some of the only good news on one of Wall Street's worst-ever days - Kenneth Lewis was a Mississippi boy who lived...
As Bank of America expanded, Lewis continued up the corporate ladder, and when his mentor retired 2001, Lewis stepped into the CEO spot. He immediately cut 10,000 jobs and outsourced many others to India. In 2003, he spent $47 billion on his first major acquisition, FleetBoston Financial Corp., which...
Consider the silver Volvo 940 station wagon, getting on in years and miles, but not yet spent. At certain moments—full of folks, lacing homeward through more or less verdant New England highlands—it seems almost joyful, purring the meaningful purr of a world-weary cat...