Word: tracks
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...make do with fewer engines to get them through the season, cope with a lower limit on engine revs and learn how to handle cars that have undergone fewer hours of wind-tunnel testing than last year's. But the new rules won't just show up on the track. For thousands of high-tech suppliers like Xtrac, many of them clustered around Oxford in southern England, recession-era racing and shrinking budgets are the next big challenge. The industry is typically "very resilient, and very resourceful," says Chris Aylett, head of Britain's Motorsport Industry Association...
...numbers. Most public companies want to race out bad news quickly, so that they cannot be accused of sitting on material information that could be damaging to shareholders any longer than is necessary. Earnings for the first quarter of 2009 will be dismal. Securities analysts, with a multi-decade track record of being overly optimistic, are the very people whom investors rely on for forecasts. Earnings will not only be bad, they will be worse than expected...
...Ronald Reagan. The national debt, the CBO calculated, would go from 41% of the size of the nation's economic output in 2008 to 82% of the economic output in 2019. In other words, if the CBO estimates play out without a change in policy, Obama is on track to accomplish exactly what he promised to change during the campaign, creating a massive burden for the next generation to fund politically popular policies in the short term, like tax cuts and spending programs. (Read "How to Understand a Trillion-Dollar Deficit...
Joining the Elite. If free upgrades are what you're after, here's how: American Airlines AAdvantage members can register to earn double elite-status qualifying miles for flights, which puts them on the fast track toward gaining Gold, Platinum or Executive Platinum status. Elite-level membership gives you mileage bonuses, upgrade privileges and various other perks. To have your flight qualify, book by June 15 and register here with promotion code DBEQM before you travel...
...which has four doors and seats four adults, doesn't feel like a lightweight on the road. I drove one on an empty test track at Tata Motors' main plant in the western Indian city of Pune and found that, while the interior is spartan, the Nano handles as well as any of the other low-end minicars available in India. The brakes lack feel and there's little storage space, but the car turned heads. Our photographer drove a bright yellow Nano - this one fully equipped with air-conditioning - through the highways, cobbled avenues and side streets of Pune...