Visteon's Loss Narrows from $1.4 Billion to $200 Million
Visteon posts loss, plans cuts - 11/09/05
Wednesday, November 09, 2005
Delphi posts quarterly loss | IndyStar.com
Delphi Loses 3/4 Billion in the Quarter
Last year's third quarter, Delphi lost $119 Billion. This year, Delphi lost $788 Billion with sales 5% lower than last year.
Delphi posts quarterly loss | IndyStar.com
Last year's third quarter, Delphi lost $119 Billion. This year, Delphi lost $788 Billion with sales 5% lower than last year.
Delphi posts quarterly loss | IndyStar.com
Monday, November 07, 2005
Barbary pirates - Wikipedia, the free encyclopedia
How long can the War in Iraq Last?
The War against the Barbary Pirates - A Historical Precedent
This isn't the first time the United States has "gone to war" against a vague and shifting foe across the seas. The first time was the campaign against the barbary pirates. Starting in 1784 Congress allocated money for the payment of tribute to pirates off the coast of Africa. Because of continued problems, Congress allocated money to build a navy in 1801. The new United States Navy was successful at ending tribute payments to the pirates by 1815.
All in all, then, it was 31 years from the first attention to the problem until success was achieved. Isn't that comforting?
Barbary pirates - Wikipedia, the free encyclopedia
The War against the Barbary Pirates - A Historical Precedent
This isn't the first time the United States has "gone to war" against a vague and shifting foe across the seas. The first time was the campaign against the barbary pirates. Starting in 1784 Congress allocated money for the payment of tribute to pirates off the coast of Africa. Because of continued problems, Congress allocated money to build a navy in 1801. The new United States Navy was successful at ending tribute payments to the pirates by 1815.
All in all, then, it was 31 years from the first attention to the problem until success was achieved. Isn't that comforting?
Barbary pirates - Wikipedia, the free encyclopedia
Prevention of identity theft or credit card fraud at myfaircredit.com
"Secret Documents" of Credit Reporting Agencies
If you find yourself in a suit with a credit reporting agency (aka "credit bureau") over inaccuracies in a credit report, you should be aware that all of the agencies will often "play dumb" about the existence of certain internal records. Most of these records are discoverable if you know what to ask for. That's where the "secret document" bank at www.myfaircredit.com comes in. If you register (free) at this site, you have access to quite a bit of information that the credit bureaus don't want you to know about.
Prevention of identity theft or credit card fraud at myfaircredit.com
If you find yourself in a suit with a credit reporting agency (aka "credit bureau") over inaccuracies in a credit report, you should be aware that all of the agencies will often "play dumb" about the existence of certain internal records. Most of these records are discoverable if you know what to ask for. That's where the "secret document" bank at www.myfaircredit.com comes in. If you register (free) at this site, you have access to quite a bit of information that the credit bureaus don't want you to know about.
Prevention of identity theft or credit card fraud at myfaircredit.com
The Car Connection - Delphi Turnaround Mired in Woe - Company tries to get traction, avoid total shutdown.
Flint Loses 400 Delphi Workers
Delphi is planning on closing a spark plug factory in Flint Michigan, putting 400 UAW workers out on the street. Remember, Flint is Michael Moore's home town. If you saw Roger & Me a decade ago, you know that Flint was already hurting.
Delphi is planning on closing a spark plug factory in Flint Michigan, putting 400 UAW workers out on the street. Remember, Flint is Michael Moore's home town. If you saw Roger & Me a decade ago, you know that Flint was already hurting.
Sunday, November 06, 2005
Scotsman.com News - UK - Student launched from catapult died after missing safety net
Student Dies in Catapult Accident:
Setback to the Scottish Space Program
The sports that come out of Scotland are weird, more like drinking games. Example: tossing the caber. Isn't that like getting drunk and seeing how far you can toss a telephone pole? That's just one step beyond cow-tipping if you ask me. When you think about it, ESPN-2 is becoming "the Sports-you-play-drunk" network. Bass Fishing. Poker. Bowling. The clearest example is the "World's Strongest Man" competition. They have the guys throwing beer kegs in the back of a truck, bending a bar over their heads, pulling a huge truck cab. Would anybody do these things sober?
Scotsman.com News - UK - Student launched from catapult died after missing safety net
Setback to the Scottish Space Program
The sports that come out of Scotland are weird, more like drinking games. Example: tossing the caber. Isn't that like getting drunk and seeing how far you can toss a telephone pole? That's just one step beyond cow-tipping if you ask me. When you think about it, ESPN-2 is becoming "the Sports-you-play-drunk" network. Bass Fishing. Poker. Bowling. The clearest example is the "World's Strongest Man" competition. They have the guys throwing beer kegs in the back of a truck, bending a bar over their heads, pulling a huge truck cab. Would anybody do these things sober?
Scotsman.com News - UK - Student launched from catapult died after missing safety net
Saturday, November 05, 2005
Inside Line: Home
Volvo's Overseas Delivery Program
I thought overseas delivery programs were dead. Volvo still has one, and it looks pretty nice -- if you are in the market for a Volvo. You get a discount on the car, a free trip to Sweden to pick it up, a factory tour and overall VIP treatment. You can expand your vacation to a European driving extravaganza.
I wonder when GM will adopt a similar program for Chevrolet Cobalt buyers. Just think of it, airfare to Lordstown Ohio, one night of deluxe accommodations there at the Comfort Inn, and options to extend your stay. Perhaps you could even visit Newton Falls.
Inside Line: Home
I thought overseas delivery programs were dead. Volvo still has one, and it looks pretty nice -- if you are in the market for a Volvo. You get a discount on the car, a free trip to Sweden to pick it up, a factory tour and overall VIP treatment. You can expand your vacation to a European driving extravaganza.
I wonder when GM will adopt a similar program for Chevrolet Cobalt buyers. Just think of it, airfare to Lordstown Ohio, one night of deluxe accommodations there at the Comfort Inn, and options to extend your stay. Perhaps you could even visit Newton Falls.
Inside Line: Home
Thursday, November 03, 2005
Latest Reports - The Detroit News Online
UAW is Set to Vote on GM Healthcare Cut Proposal
I think it's going to pass. Under the circumstances, it's hardly draconian. Here's how it is described in this AP article carried by the Detroit News:
GM pays for health care for 750,000 U.S. hourly employees, retirees and their dependents. Under the proposed agreement, GM retirees would have to pay up to $752 annually for families and $370 for individuals for their health care. Right now, retirees pay no monthly premiums and pay a small fraction of the rest of their health care costs.
The agreement would exclude around 74,000 low-income retirees whose GM pension is $8,000 a year or less.
The agreement would require GM hourly workers to contribute $1 per hour in future pay increases to a new fund to help pay for retirees' coverage. GM would contribute $3 billion to that fund over the next six years. It also would require hourly workers and retirees to pay slightly more for their prescription drugs.
Ford Motor Co. and DaimlerChrysler AG's Chrysler Group have already said they will seek similar concessions from the UAW. The Big Three's combined health care costs are expected to top $11 billion this year, versus $10 billion in 2004.
Latest Reports - The Detroit News Online
I think it's going to pass. Under the circumstances, it's hardly draconian. Here's how it is described in this AP article carried by the Detroit News:
GM pays for health care for 750,000 U.S. hourly employees, retirees and their dependents. Under the proposed agreement, GM retirees would have to pay up to $752 annually for families and $370 for individuals for their health care. Right now, retirees pay no monthly premiums and pay a small fraction of the rest of their health care costs.
The agreement would exclude around 74,000 low-income retirees whose GM pension is $8,000 a year or less.
The agreement would require GM hourly workers to contribute $1 per hour in future pay increases to a new fund to help pay for retirees' coverage. GM would contribute $3 billion to that fund over the next six years. It also would require hourly workers and retirees to pay slightly more for their prescription drugs.
Ford Motor Co. and DaimlerChrysler AG's Chrysler Group have already said they will seek similar concessions from the UAW. The Big Three's combined health care costs are expected to top $11 billion this year, versus $10 billion in 2004.
Latest Reports - The Detroit News Online
Bloomberg.com: Top Worldwide
It's the Cars, Stupid: Part Two
Mazda Posts Record 2nd-Quarter Profit
Nearly universal praise has kept demand for the Mazda 3 compact at or ahead of supply all year.
Bloomberg.com: Top Worldwide
Mazda Posts Record 2nd-Quarter Profit
Nearly universal praise has kept demand for the Mazda 3 compact at or ahead of supply all year.
Bloomberg.com: Top Worldwide
Goodyear expects union cooperation in '06 talks - 11/03/05
Goodyear Pressures Union for Cuts
Goodyear wants to use the steel industry as a model. The goal: lower pay, cut out retiree benefits completely. The carrot: increased profit-sharing and worker say in operations.
Goodyear expects union cooperation in '06 talks - 11/03/05
Goodyear wants to use the steel industry as a model. The goal: lower pay, cut out retiree benefits completely. The carrot: increased profit-sharing and worker say in operations.
Goodyear expects union cooperation in '06 talks - 11/03/05
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