Word: suv
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Governor Arnold Schwarzenegger pulled up in an SUV outside Mule Creek State Prison in the Sierra foothills. The Governor was in combat mode. Of all the legacies of dysfunction he had inherited from his predecessor, Gray Davis, the situation in the prisons was one of the most flagrant. Big campaign donations from the prison guards' union to Davis had ensured that the guards in 2002 won 34% wage increases over five years, and with overtime many were earning fat salaries; one pulled in more than the state's attorney general. But the work practices of the guards lagged. They seemed...
...claw their way into world markets by buying foreign companies. Last year, Guangdong-based TCL bought the television arm of French electronics behemoth Thomson, which gave it the RCA brand. Shanghai Automotive Industry Corp. is in talks to acquire the very English MG Rover, and has already bought Korean SUV maker Ssangyong. A consortium of Chinese companies bid on the Canadian mining firm Noranda. According to a recent study by Bain & Co., China's foreign investments will reach $86 billion by 2015. These global ambitions have generally been encouraged by the government, with Minister of Commerce Bo Xilai last month...
TECH: The first hybrid SUV; a safer kid's seat; stability control...
...much more than nice, though. The first hybrid SUV sold in the U.S. and the first American hybrid car, it is also a technological breakthrough at a fair price. The model TIME tested has a sticker price of $30,750 thanks to extras like a navigation system and leather seats, but the basic model starts at $26,380. Several other hybrid SUVs are on the way, including a Toyota Highlander in 2005 and a Saturn Vue in 2006, but so far only Ford has delivered...
...highway. And for now, you get a $1,500 tax write-off from Uncle Sam. Do the math, and you quickly realize that you still won't save money overall with a hybrid. But you will spend less time at the pump and drive the most fuel-efficient SUV in America...