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...billion in costs. GM also cut its advertising spending in half this year, which doesn't exactly stimulate sales. Bottom line: the next 12 to 18 months are perilous for both companies - and they'll need a modest improvement in sales just to survive. Ford, meanwhile, has played a difficult hand quite deftly. Despite a drop in sales volume, it has outperformed the market during the second quarter, reclaiming second place in total sales from Toyota and closing in on GM. (See 10 ways your job will change...
...industry through May. "Hyundai's share is up over 2 percentage points over the first half of '08, which is a massive undertaking in a very volatile market. We do continue to see them in a position to go after additional share, but it will be a more difficult environment, as the domestics are reawakening," says Jeff Schuster, an analyst with J.D. Power & Associates in Troy, Mich...
...offspring quite early in life - mothers can have lambs at one-year-old, before they're fully grown. Since the size of the lambs is limited by the size of the mothers, younger mothers have smaller babies. Thanks to the milder winters, more sheep are able to survive that difficult first year and have lambs, which means there are more small lambs being born, bringing down the flock's average size - and causing the shrinking of the Soay sheep. "Those lambs had been born with a slight disadvantage, but that's been erased as the climate has warmed," says Coulson...
...This difficult step was necessary to ensure that we can continue vital programs core to our mission," Smith wrote...
...Europe - it needs the trade, it needs support in international organizations and it needs to maintain a strong image to the outside world," he says. "The E.U. has influence, and when it takes collective actions, others take notice, and Iran does not come off well. Iran is in a difficult situation and it knows that it will eventually have to engage in more discussions." Until then, whatever the E.U.'s eventual response, it can expect more invective...