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TOKYO: It was good while it lasted, but it didn't last long. Wednesday saw the Japanese prime minister unveil plans for a $15.46 billion income-tax cut, which earned a stock market vote of confidence; Thursday, however, profit-taking sent Tokyo stocks back into the hole. The Nikkei 225 index fell 379.42 points, or 2.3 percent, to close at 16161.64. The previous day's party had the index jumping 3.5 percent...
...will unveil a prototype gas-electric hybrid in January. For automakers wary of as radical a break from the ICE-age as all-electric cars, hybrids offer a compromise. They don't need an extensive public-charger network to overcome a limited range because the batteries are supplemented by a small gasoline engine. Toyota has thrown down the gauntlet by pricing its hybrid, the Prius, at $16,500 in Japan--about a quarter below production cost. The car, which gets 66 m.p.g., could be available in the U.S. within a year. Global warming will force "a slow phase...
...tone ska beat with vocals reminiscent of the ageless classic songs that fortunately still flourish today on oldies radio stations. Throughout Redlight, the Slackers prove their mettle. Ska music, much like punk music, is easy to play but very difficult to make original. With this release, the Slackers unveil a new dimension in ska music that will hopefully spark greater recognition and more widespread touring for the septet...
...that it is in the Barker Center for the Humanities, Afro-American Studies hopes to unveil one within 30 days, Glashaw says...
WASHINGTON: Politicians, themselves not the most popular figures in American public life, sometimes have difficulty finding less popular targets suitable for attack. There are drug dealers, Internet porn producers, and recently, the Internal Revenue Service. Now the Senate Finance Committee begins to unveil the findings of a six-month probe, and TIME correspondent Sam Gwynne says the IRS may deserve the public lashing it will receive. The committee will charge that the agency targets lower-and-middle-income people for audits and uses a quota system to rate agents. Some analysts are asking if the service's behavior...