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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.

Auto-Parts Makers Going to Pieces?

  
Wall Street Journal - 06.26.2008 Original article ›
David Gaffen, David, Gaffen
LyrArc Article Gist
In the latest Conference Board report on consumer sentiment only 4.8% of consumers said they would buy a car in the next 6 months the lowest reading in years. Bonds of American Axle are offering a yield of nearly 13% or about 9% above Treasury yields.
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The Family Doctor: A Remedy for Health-Care Costs?

4 Groups   
BusinessWeek - 06.25.2009 Original article ›
Catherine Arnst, Catherine, Arnst

Canada and Sweden resume UNRWA aid funding

  
Washington Post - 03.09.2024 Original article ›
LyrArc Article Gist
What is the UNRWA? It stands for United Nations Refugee Works Agency, and it is mainly to assist giving aid to Palestinian refugees. The European Commission has committed to give $90 million to the agency, Sweden is adding $20 million and Canada is also going to add aid money to help the desperate refugees displaced from their homes in Gaza. Johann Forsell, Sweden's international development minister says "The humanitarian situation in Gaza is devastating and the needs are acute. We will monitor closely to ensure UNRWA follows through on what it has promised." Since the war began in Gaza 162 members of the UNRWA staff have been killed, the highest of any UN agency in any conflict. 

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Original article 5 minutes, gist 1 minute

We’re Headed Toward a Landlord-Friendly Era. Expect Higher Rent Prices.

  
WSJ - 02.14.2025 Original article ›
Rebecca Picciotto
LyrArc Article Gist
The unaffordability of housing is pushing more people to rent homes and apartments. The price increases for housing was 4.4% in January 2025 over 2024. This is lower than during Covid years. The supply of housing is tapering off and declining. As a result in the next 2-3 years says the WSJ the housing rental costs will rise sharply again. Added is the effect of deportation on construction workforce which has 13% of workforce as migrant labor. 

Housing makes up one third of the price index. Expect this cost to go up and inflation will not be coming down to 2%. The Fed will have to hold off on cutting rates to prevent another surge in inflation. 

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Trump’s Approval Rating Has Been Falling Steadily, Polling Average Shows

  
NYTimes.com - 04.24.2025 Original article ›
Tyler Pager, Ruth Igielnik
LyrArc Article Gist
Even after strong action on tariffs to level the playing field and taking other actions on immigration enforcement on April 25, 2025, US president DJT still has 45% approval rating down from 52% when taking office. Reaching tariff deals with many important nations over the next 3 months will increase DJT approval ratings. The stock markets are down about 10% after strong tariffs action which will take time to yield results by 2026. After many agreements are reached the face of world trade will have changed and manufacturing will be done in the US similar to its role in the mid 20th century, bringing with it jobs and higher wages and better communities for people to live in.

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A Jimmy Carter Legacy: Building Up Habitat for Humanity, One Nail at a Time

  
WSJ - 12.30.2024 Original article ›
Arian Campo Flores
LyrArc Article Gist
Carter's work for Habitat for Humanity continued right up to 2019, five years before his death at 100 years. This report shows a picture of Carter and wife Rosalynn after he had 14 stitches from a fall at his home, still back to a Habitat for Humanity site in Nashville in 2019,  at 95 years of age. It shows Carter at sites in New York City in 1984, and the couple doing wood work at a site in 1992.

In addition to eradication of Guinea worm and other parasitic diseases in Africa Jimmy Carter lived a life right out of the Biblical teachings that he delivered at Sunday School at a local church in Georgia.

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Exclusive | Israel Built Its Case for War With Iran on New Intelligence. The U.S. Didn’t Buy It.

  
WSJ - 06.17.2025 Original article ›
Alexander Ward, Lara Seligman, Dustin Volz
LyrArc Article Gist
The title is misleading as the US president DJT has said on Air Force One on Tuesday -"I don't care what she (Tulsi Gabbard) said, I think they were very close to having them." Most administration officials including the head of Central Command see the risks growing by the week. Here is what Gen. Erik Kurilla told the Senate Armed Services Committee last week- Iran is merely "steps away" from uranium enriched to weapons grade level of 90%. He said if Iran decided to build a nuclear weapon it could have the first 55 pounds of weapons-grade material “in roughly one week and enough for up to 10 nuclear weapons in three weeks.” 

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Jeff Immelt to Step Down as CEO of GE; John Flannery Takes Role

4 Groups   
WSJ - 06.12.2017 Original article ›
Thomas Gryta, David Benoit, Joann S. Lublin
LyrArc Article Gist
General Electric Co. GE says CEO Jeffrey Immelt will retire and be succeeded by John Flannery in August 2017. Flannery is head of the healthcare business at GE.

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Original article 5 minutes, gist 1 minute

European Luxury Cars, in Green

1 Groups   
Wall Street Journal - 07.24.2007 Original article ›
Stephen Power, Stephen, Power
LyrArc Article Gist
While German car fleets have reduced fuel consumption by 25% from 1990, BMW suffers from impression of higher fuel consumption with sporty cars. One environmental group shows BMW in 2005 sold cars that have an average 192 grams of CO2 per kilometre above industry average of 162 grams of CO2 per kilometre. The climate change issue is explosive in Germany and the German industry's main lobbying group's president resigned over its image and failures in commnications with public opinion on climate change.
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Heard on the Street

  
Wall Street Journal - 05.16.2006 Original article ›
Patrick Barta, Patrick, Barta
LyrArc Article Gist
Growing need for commodity metals, iron ore, copper, and crude oil as Japan grows at 2-3% a year. Japan's economy is not growing as fast as China's, but it is twice the size of China, and it is the 3rd largest consumer of oil. It has no energy sources within Japan. About 13 nuclear plants are under development. It is highly energy efficient and developing alternative fuels. Japan has an aging population so the longer term trend is for a decline in energy consumption.
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Taiwan elects first female president, who vows to defend island’s sovereignty - The Washington Post

8 Groups   
Washington Post - 01.16.2016 Original article ›
Simon Denyer, Simon, Denyer
LyrArc Article Gist
Tsai Ing-Wen is elected president of Taiwan by a landslide in the Jan. 2016 election. Tsai, leader of the Democratic Progressive Party (DPP) was elected with 56 percent of the vote, compared to 31 percent for the Koumintang candidate Eric Chu. The DPP won 68 seats out of 113 in Taiwan's parliament. Tsai told a news conference about Taiwan- China relations - "I also want to emphasize that both sides have a responsibility to find mutually acceptable means of interaction that are based on dignity and reciprocity."
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Alabama tried a Donald Trump-style immigration law. It failed in a big way. - The Washington Post

9 Groups   
Washington Post - 08.23.2015 Original article ›
David Weigel, David, Weigel
LyrArc Article Gist
Micky Hammon sponsored Alabama's HB 56, Alabama Taxpayer and Citizenship Protection Act, which passed in the legislature in 2011. The illegal immigrants it was said would follow "self-deportation" as the law would require frequent checks by police, and make renting a house or giving a job to an illegal immigrant a crime. The policy would be followed in schools also. At the time Donald Trump is cited by the Washington Post's David Weigel as telling reporter Kessler that the policy was "crazy," and "maniacal."
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Poorer Nations Reject a Target on Emission Cut

1 Groups   
New York Times - 07.09.2009 Original article ›
Peter Baker, Peter, Baker
LyrArc Article Gist
Difficult negotiations at G-8 meetings in Italy in July 2009 on climate control. China and India want industrial countries to commit to midterm goals in the next 10 years , and are willing to make unspecified reductions in emissions. The U.S. also is negotiating with Germany and other European countries which want to see aggressive short- term targets, whereas the Obama administration is not willing to commit to aggressive short term goals, but agrees to the long term goal of preventing temperatures from rising 3.6 degrees Fahrenheit.
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H-P's One-Year Plan

1 Links 14 Groups   
Wall Street Journal - 08.28.2011 Original article ›
Al Lewis, Al, Lewis
LyrArc Article Gist
Al Lewis describes all the missteps and bad decisions by H-P's board in his view-from the hiring and exit of CEO Carly Fiorina, Patricia Dunn illegal spying scandal, firing of Mr Hurd, to the hiring of Mr Apotheker from software maker SAP, the $1.2 billion Palm acquisition, the dumping of the TouchPad at the first sign of struggling sales, to the $10 billion overpayment for British software maker Autonomy which has grown mainly through acquisitions and not by major advances in its software.
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Satisfying India’s thirst for power could be nation’s biggest challenge - The Washington Post

15 Groups   
Washington Post - 08.23.2012 Original article ›
Simon Denyer, Simon, Denyer, Rama Lakshmi, Rama, Lakshmi
LyrArc Article Gist
Problems facing the energy industry in India include lack of coal supplies to use all of the existing electricity generation plants. Lack of investment and modernization in the coal industry is holding back tapping of large coal reserves. India is expected to see a huge surge in energy demand in the next twenty years, with the International Energy Agency saying India will need $1.6 trillion in investment in power generation, transmission and distribution through 2035, and $550 million investment in coal, oil and gas sectors.
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Original article 6 minutes, gist 1 minute

Why a bull run for business investment may be over - The Washington Post

1 Groups   
Washington Post - 09.28.2012 Original article ›
Neil Irwin, Neil, Irwin
LyrArc Article Gist
About half a trillion dollars in business investment was lost as a result of the financial crisis of 2008-2009 and its lingering effects in 2010-2012. Irwin points out that business investment in equipment and software increased by 8.9% in 2010 and 11% in 2011, but this was off lower numbers after the financial crisis of 2012. And business investment has declined in the last 3 quarters, with a 13.2 % drop in durable goods orders for August 2012 driven partly by a drop in aircraft orders.
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Original article 4 minutes, gist 1 minute

Karl Rove: Can We Believe the Presidential Polls?

5 Groups   
Wall Street Journal - 10.03.2012 Original article ›
Karl Rove, Karl, Rove
LyrArc Article Gist
Karl Rove says he was in his 20's working in the Reagan election campaign in Texas which was declared a close contest by the New York Times polls. Gallup in October showed Carter ahead Oct 13 by 4 points, and by Oct 27 by 8 points. He expresses skepticism about current polls because of 91 national polls in the last 30 days (including Gallup and Rasmussen) Obama was at or above what he calls the critical or magic number of 50% in only 20 polls.
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Henninger: Romney's Secret Voting Bloc

1 Links 6 Groups   
Wall Street Journal - 10.31.2012 Original article ›
Daniel Henninger, Daniel, Henninger
LyrArc Article Gist
The president of Ohio Christian University, Mark Smith, says there are six different faith groups out there in Ohio supporting Romney, and there remains a high level of intensity driven by a desire to protect religious liberty from an enroaching expansion of the state. He says the public fight of the Obama administration with Catholic hospitals and charities was seen as a threat by evangelical Christians. The evangelical vote makes up 30% of the vote in Ohio, 31% in Iowa, and 26% in Wisconsin.
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Deficit Plan Fails to Win Panel Support

5 Groups   
Wall Street Journal - 12.03.2010 Original article ›
Corey Boles, Corey, Boles
LyrArc Article Gist
Eleven members of the panel on the US Deficit Commisssion supported the plan, and seven opposed it, in a 11-7 vote. The panel members supporting it include Senator Durbin, Senator Coburn, Senator Crapo, Senator Gregg, and Senator Conrad. In the House the following House members voted against it- Rep. Becerra, Schakowsky, Camp, Hensarling, Paul Ryan. The House Democrats opposed it because of the changes to Social Security, and the House Republicans opposed it because they said the report did not tackle federal health-care spending sufficiently.
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Korean Tech Is Losing Its Cool

1 Links   
BusinessWeek - 02.17.2010 Original article ›
Moon Ihlwan, Moon, Ihlwan
LyrArc Article Gist
The South Korean government's efforts to promote the development of software at Korean companies to improve their competitiveness in world markets. The Apple iPhone's success in S. Korea has acted as a wake up call for S. Korean consumer electronics companies. The Ministry of Knowledge Economy has budgeted $880 million for supporting software companies in 2010-2012. The goal is to double the number of Korean software engineers to 300,000 in 2013 from 2008. Software export target is to triple exports to $15 billion.
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Original article 1 minute, gist 1 minute

The Ka-Ching in China Luring Medical Giants

9 Groups   
BusinessWeek - 03.04.2010 Original article ›
Frederik Balfour, Frederik, Balfour
LyrArc Article Gist
The Chinese market for medical care is growing. China will spend $125 billion on a three year plan to boost medical care. This means funding 31,000 new hospitals by 2012. Medical equipment market is estimated to grow at 13.5% a year to $15.5 billion in 2012, according to Philips Electronics. And Credit Suisse sees the pharma market up from $44 billion in 2008 to $110 billion in 2015. GE is designing inexpensive imaging equipment for fast growing rural markets, with cost at 10% of urban markets.
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Original article 1 minute, gist 1 minute

Mixed Ad Message From Newspapers

1 Links 4 Groups   
Wall Street Journal - 07.29.2010 Original article ›
Martin Peers, Martin, Peers
LyrArc Article Gist
Newspapers like the New York Times are seeing an increase in digital ad revenues . The Times showed a 21% increase in digital ad revenue in second quarter 2010, with digital accounting for 26% of total ad revenue. But total digital ad revenues for newspapers is only $2.7 billion, and is still too small to make up for the $24 billon loss in print ad revenue from 2000 to 2009. On line classifieds are hardest hit. For newspapers display ads offer the best opportunity on line.
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Slow Takeoff Seen for Electric Vehicles

  
Wall Street Journal - 10.25.2010 Original article ›
Norihiko Shirouzu, Norihiko, Shirouzu
LyrArc Article Gist
Daimler CEO Zietsche, says he sees global demand for all electric cars or electric hybrids at 1-5% of total demand by 2020. This was a cautious and measured view for Merceds Benz. Benz joined BYD of China in a joint electric car venture in China, with an investment of $90 million. This is in conrtrast to the view of Nissan's Ghosn, who sees the demand closer to 10% by 2020 for electric cars. Nissan plans to produce 500,000 Leaf electric cars by 2012.
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GM buying back $2.1 billion in government preferred stock.

4 Groups   
Detroit News - 10.28.2010 Original article ›
David Shepardson, David, Shepardson
LyrArc Article Gist
After the $2.1 billion buyback of preferred shares from the government GM will have repaid $9.5 billion of its $49.5 billion bailout. GM will still owe the government $40 billion. GM also plans to make a contribution of $6 billion in cash and stock to its underfunded employee pension plans, and a $2.8 billion payment to the United Auto Workers retiree health care trust fund. In total, the actions taken by GM will reduce its debt by about $11 billion and reduce interest by $500 million.
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U.S. Added Jobs in October, First Time Since May

1 Groups   
New York Times - 11.05.2010 Original article ›
Catherine Rampell, Catherine, Rampell
LyrArc Article Gist
Companies added 159,000 jobs in October 2010, the US Labor Department reported. Most of the jobs were in retail and temporary help services and in health services. Retail added 28,000, temporary help services added 34,900 jobs, education and health services added 53,000 jobs. The unemployment rate for the US still remains at 9.6%. And the broad measure of unemployment, including people who are working part-time because no full time work is available, plus people who have given up looking for work, remains high at 17%.
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