Word: autos
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...Then the Commerce Department reported that retail sales continued to squeak up, rising 0.2 percent in June after May's upwardly revised 0.4 percent hike. That was a soft number, but look at what kept the overall number in positive territory - auto sales. Those about to tighten their belts do not buy new cars. And the University of Michigan's respected consumer sentiment index rose to 93.7 percent in July, according to a Reuters report, compared with a reading of 92.6 percent in June...
After losing her daughter to an auto accident caused by a driver using his cell phone, activist Patricia Pena launched a crusade to outlaw cell-phone use while driving. But regardless of how much sense it makes, I doubt we will ever see a ban on drivers' using cell phones. So instead of a campaign to eliminate their use, we should work with our elected officials to create legislation that would mandate severe punishment for anyone who causes an accident while driving and using a cell phone. No phone call is so important that a person must jeopardize the safety...
...query the databases of news sites, chatrooms and Usenet groups for trends, product information, gossip about your company and your competitors. "We identify the best sources for a topic, company or individual then mine the information automatically, aggregate it, filter it, clean it, index it, relevance-rank it, auto-categorize it and move it into the matrix," says Vora. Often the most useful information is already sitting on a company's own network. E-mail from customers and clients can be a goldmine if it's harvested and made searchable. Vora cites - but won't name - a global multimillion-dollar...
...auto engineer Alec Issigonis sketched a rough design on a restaurant tablecloth of a car destined to become a British motoring icon. That doodle was the prototype for the Mini, the 3m-long, 1.2m-wide engineering feat that became - along with the Volkswagen Beetle and Citröen's 2CV - one of those small cars that inspire both devotion and ridicule. After its 1959 launch, the Mini went on to sell more than 5 million cars over the next four decades, until it became clear the car could not meet stiffened European safety regulations...
...well as ownership of the Powertrain engine plant at Longbridge. "Those payments are keeping them alive. After next year, they'll be on their own. And it's tough to survive as a mainstream car manufacturer when most of your cars are not new," says Jim Collins, an auto analyst at UBS Warburg, noting that Rover's small and medium lines are coming up to their fifth and seventh year, respectively, with no new models in sight. And Collins says he doesn't see where Rover will get the millions - if not billions - of dollars needed for new-car development...