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...while he worries about his employees, Ford Motor's boss believes--belatedly, perhaps--that nothing short of a cultural revolution will save the family firm, which, like General Motors, seems to have all but lost a 30-year war with Toyota and other foreign companies for dominance of the U.S. auto market. This week he is unveiling a plan, which he calls the "Way Forward," a last-ditch effort to save the company by taking some big chances. Ford has surrendered market share in the U.S. but figures that a smaller, more innovative company can stir more passion among...

Author: /time Magazine | Title: Can This Man Save The American Auto Industry? | 1/22/2006 | See Source »

...Ford has an even bigger legacy in mind. He wants Ford Motor to lead in alternative-fuel technologies, proving his belief that you can make profits and do good at the same time. If he succeeds--and the odds aren't necessarily in his favor--Ford Motor could help save the U.S.'s manufacturing base. "Bill could go down as a truly historic American figure, like his great-grandfather," says Brinkley, "or he could just be a guy who watched over the collapse of a family company...

Author: /time Magazine | Title: Can This Man Save The American Auto Industry? | 1/22/2006 | See Source »

...SAVE THE COMPANY ON YOUR OWN? Absolutely not. If you look at the big issues that face our industry--whether it is health care, global warming, energy dependence, pensions--the problem I have is, each one of those issues requires both tremendous national [and] international cooperation. There's no way any one company can provide answers to any of them unilaterally...

Author: /time Magazine | Title: "My Goal Is To Fight Toyota..." | 1/22/2006 | See Source »

Start at www.savingforcollege.com for the basics on what 529s are, and for information about other tax-advantaged ways to invest-such as the Coverdell Education Savings Account. Under "College Savings 101," click on "College Calculator" to see how much money you need to save (depending on where you think your kid will go to college) and how much you need to set aside in order to get to that goal. Click on "529 Plans," and you get information on all the different plans states offer (including prepaid tuition plans, which are also sometimes called "529s," even though they...

Author: /time Magazine | Title: Investing in a 529 College Savings Plan | 1/20/2006 | See Source »

...National Association of Securities Dealers (a trade group) also runs a 529 website. From www.nasd.com, click on "Investor Information" in the top right corner, then "College Savings Center." You'll find information about all the different ways to save for college, as well as information about educational tax credits (tax info is also at www.irs.gov). There's also a great "Expense Analyzer," which lets you type in the specifics of the plans you're looking at to see how they stack up to each other...

Author: /time Magazine | Title: Investing in a 529 College Savings Plan | 1/20/2006 | See Source »

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