Word: specializer
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...Hummer division to a Chinese buyer has yet to be finalized, but one thing about the future of the iconic American brand seems clear: the era of Hummers as street-clogging gas hogs is over. Analysts say the brand's future lies in either slimmed-down SUVs or large special-purpose vehicles not unlike the military-troop carriers that formed Hummer's roots...
...does Tengzhong, a private company based in China's southwestern Sichuan province, hope to revive Hummer? The company has offered few details. It manufactures heavy machinery, road and bridge construction equipment, and special-use vehicles like dump trucks and cement mixers. With fuel prices remaining high, Tengzhong may restrict Hummer to some type of specialized application, rather than position the vehicle as a toy for wealthy consumers, says John Bonnell, director of Asia Pacific forecasting for J.D. Power and Associates. "I think the future is something outside a normal passenger vehicle for the Hummer," says Bonnell...
...TIME's special report on the environment...
Another life insurer, TIAA-CREF, the largest U.S. education retirement fund, has long been criticized for its billion-dollar investments in tobacco stocks. It now allows clients to opt to avoid such equities through special socially conscious funds. This is an option nearly all insurers now include in their portfolios. "As a TIAA-CREF participant, you do not have to own shares in tobacco companies if you choose not to," says spokesman Chad Peterson...
...will help keep us safe and keep our sacred trust with our soldiers," Obama said. While McHugh's blood-red district is generally considered safe terrain for the GOP - McHugh carried the 23rd with 65% of the vote in 2008 - the party will nonetheless be forced to weather a special election for one of just three House seats held by Republicans out of New York's delegation...