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Americans miles driven reached 3 trillion miles by 2007 and now are headed downward for the first time in 10 years. its affecting car prteferences in favor of smaller cars and changing driver habits.
Linked Articles
The Smaller the Better, Automakers Are Finding
New York Times 06/20/2008
Driving Less, Americans Finally React to Sting of Gas Prices, a Study SaysNew York Times 06/19/2008
Long term forecasting is a difficult business. IEA's 2015 forecast missed the situation in 2015 completely. Yergin was right but did not see how fast this would happen with oil prices down to $50 per barrel in 2015 and prices at the pump below $2.
Linked Articles
Wall Street Journal 12/12/2011
Energy Watchdog Warns Of Oil-Production CrunchWall Street Journal 05/22/2008
Linked Articles
Finances Frail, Le Monde Contemplates the Unthinkable
New York Times 04/21/2008
Billionaire Reaches Deal On Funding For Times Co.Wall Street Journal 01/20/2009
Grennspan took huge risks in his ambitious experiment with the American economy of a philosophy that simply said allow markets to operate unrestrained and trust in humans benevolent intentions and enlightened self interest. Goodman and Ip document the details. Did he believe that there was something miraculous that would prevent things from imploding, something inherently sacred about an idea of markets, when plain common sense like Buffets said that the arithmetic did not add up and in the end thats all that counts common sense.
Linked Articles
Taking Hard New Look at a Greenspan Legacy
New York Times 10/09/2008
His Legacy Tarnished, Greenspan Goes on DefensiveWall Street Journal 04/08/2008
Just as happened in Japan and continues to this day parttime workers are shaping the USA unemployment picture as employers increasingly resort to parttime workers to cut costs. With underutilized workers the USA unemployment rate reached 12% in October 2008.
Linked Articles
Labor Data Show Pain Across Economy
Wall Street Journal 11/08/2008
More People Pushed Into Part-Time Work ForceWall Street Journal 03/08/2008
The Dacia and Logan brands manufactured in Romania are expected to cross the 1 million sales mark in 2012. The Logan and Dacia have established a presence in Europe as models known for reliability. Sales of these lower cost cars are popular with buyers in France who see this as a choice replacing buying a used car.
Linked Articles
Frugal Dacia Stars in Renault's Overhaul
Wall Street Journal 02/11/2008
Renault Takes Low-Cost LeadWall Street Journal 04/16/2012
How Nokia stayed ahead of the market and with new competitors like Apple's Iphone and stayed ahead of the rapid changes in the cell phone market, customers needs, new ways of using the phones, and new technologies and software changing the way cellphones are used every 1-2 years.
Linked Articles
Motorola to Spin Off Handset Unit, As Icahn Waits
Wall Street Journal 02/01/2008
Nokia Earnings Jump on Emerging MarketsWall Street Journal 01/25/2008
The controversy over American Heart Association's support for Vytorin without proper disclosure of the $2 million it receives from Merck.
Linked Articles
Drug Has No Benefit in Trial, Makers Say
New York Times 01/14/2008
Heart Group Backs Drug Made by AllyNew York Times 01/24/2008
Starbucks with 10,000 store locations in the USA and 1600 planned new stores for 2008 finally realizes that this breakneck expansion was destroying the original starbucks experience and vision as its reduced to becoming more like a fast food place.
Linked Articles
Schultz Takes Over to Try to Perk Up Starbucks
Wall Street Journal 01/08/2008
McDonald's Takes On A Weakened StarbucksWall Street Journal 01/07/2008
Linked Articles
Wall Street Journal 03/01/2011
Growing Reliance on Temps Holds Back Japan's ReboundWall Street Journal 01/07/2008
China's new prime minister in 2013 is from the Class of 1977, when there was a huge burst of energy as students looked with great excitement to gaining knowledge after a decade when learning and books were suppressed.
Linked Articles
1977 Exam Opened Escape Route Into China’s Elite
New York Times 01/06/2008
Next Premier Came of Age in Era of OpennessWall Street Journal 11/16/2012
Zardari is another one of the cast of characters in the Pakistan story, this one associated with the Bhutto family. Brought down 2 civilian governments by engaging in widespread enrichment from government contracts.
Linked Articles
New York Times 01/06/2008
Pakistan's Zardari Poses A Quandary for U.S.Wall Street Journal 01/02/2008
What does the investment binge in Saudi Arabia mean in terms of how well its been thought through, the productive use of the money, will it create enough jobs, what it means for oil prices.
Linked Articles
The Construction Site Called Saudi Arabia
New York Times 01/20/2008
Saudi Industrial Drive Strains Oil-Export RoleWall Street Journal 12/12/2007
Honda plans to introduce the hydrogen powered FCV car to the Japanese market in March 2016.
Linked Articles
Honda Introduces Vehicle Powered by Hydrogen
New York Times 01/13/2015
Latest Honda Runs on Hydrogen, Not PetroleumNew York Times 06/17/2008
Daimler and Renault-Nissan are comitted to setting emission free or low emissions as critical goals and setting up the execution and plan to achieve this.
Linked Articles
Nissan Plans Electric Car in U.S. by ’10
New York Times 05/13/2008
At Daimler, Sales Follow the World’s Oil RichesNew York Times 05/10/2008
Improving unemployment figures in Ohio in 2012 with 7.2% unemployment has come with lower incomes in manufacturing and a lowering of expectations about the future.
Linked Articles
Ohio economy improving, but residents can’t feel it - The Washington Post
Washington Post 08/08/2012
The Wage That Meant Middle ClassNew York Times 04/20/2008
The takeover of Bear Stearns by JP Morgan at $2 a share with the Fed's backing the weekend of March 15-16, 2008, and the questions about Lehman Brothers.
Linked Articles
At Lehman, Allaying Fears About Being the Next to Fall
New York Times 03/18/2008
Fed Acts to Rescue Financial MarketsNew York Times 03/17/2008
Sheila Bair 's proposal to help homeowners is similar to what Martin Feldstein proposed on the pages of WSJ on March 7, 2008. About 2 months later FDIC proposes to take action to help homeowners by offering homeowners with debt to income ratios above 40%, a loan from the government for 20% of their loan amount with no interest charged for the first 5 years, and loan payments required to be lowered to affordable numbers.
Linked Articles
How to Stop the Mortgage Crisis
Wall Street Journal 03/07/2008
Bair Proposal Seeks Government Loans To Aid HomeownersWall Street Journal 04/30/2008
The success of the Logan and Dacia in France and other European markets has helped Renault. Profit margins on the two low cost vehcles is about 6%, higher than Renault's 2-3% margins on other cars. This turns the accepted logic in the auto industry on its head about higher margins with larger more expensive cars.
Linked Articles
Frugal Dacia Stars in Renault's Overhaul
Wall Street Journal 02/11/2008
Renault Takes Low-Cost LeadWall Street Journal 04/16/2012
The aggressive internationalization plan of IBM. How its being executed and the financial results that show this in 4th quarter 2008 with 10% gain in revenues and 24% in profits.
Linked Articles
Foreign Sales Help I.B.M. to a Strong Quarter
New York Times 01/15/2008
IBM Sales, Profit Give Tech a Healthier LookWall Street Journal 01/15/2008
About 1800 people die in traffic accidents in New Delhi each year and most of them are on motorcyles, whole families on a motorbike. This was the image in Ratan Tata's mind behind his vision of a 1 lakh rupee ($2000) car affordable to the motorcycle Indian. Is it safe, for the motorcycle rides and passengers its a lot safer being in a car.
Linked Articles
Economist 01/10/2008
Four Wheels for the Masses: The $2,500 CarNew York Times 01/08/2008
About one third of workers in Japan, and one fourth in the U.S., are temporary workers. The consequences for Japan include the effects of lower consumer spending in the economy reducing the growth rate.
Linked Articles
The Rise of the Permanent Temp Economy
New York Times 01/26/2013
Growing Reliance on Temps Holds Back Japan's ReboundWall Street Journal 01/07/2008
Farley brings fresh thinking to marketing and advertising at Ford to get themes like safety and green into buyers minds.
Linked Articles
Wall Street Journal 03/18/2008
Ford's EcoBoost Engine Excites MarketerNew York Times 01/06/2008
The older politicians who are sobering up to the realities even in the border provinces are not for militancy, and badly want better health care, and hospitals. No one will turn down better infrastructure and standards of living and employment.
Linked Articles
New York Times 01/06/2008
Islamist Politicians Emerge As Pakistan's Power BrokersWall Street Journal 01/04/2008
Bosch wants to invest $500 million euros in India by 2010. It plans get to sales of 1 billion euros by 2010 selling to lowcost makers like Tata for which it makes a specially designed engine for the $2500 Nano car.
Linked Articles
Four Wheels for the Masses: The $2,500 Car
New York Times 01/08/2008
Bosch Wants to Expand Supply For Low - Price CarsNew York Times 12/30/2007
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