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...Fiat CEO Sergio Marchionne wants to use the Italian carmaker's technology to sharpen the focus of the Chrysler brands, insiders say. For example, Fiat's technology could allow Chrysler to build a reputation for high performance - not something it's known for today. The new technology could also augment Chrysler's traditional strength in four-wheel-drive, sport utility and truck segments, which are under pressure from rising fuel prices...
...Finally, the alliance could bolster Chrysler's presence in the highly competitive midsize market. Fiat has an excellent midsize chassis/platform, which serves as the basis for the Alfa Romeo 159. "Chrysler could certainly use that," says Hall, since the struggling American automaker doesn't have the money to develop its own. Hall adds that the Chrysler-Fiat alliance is very likely to expedite Fiat's own plans to reintroduce the Alfa Romeo brand into the U.S. market. Fiat has been eager to bring Alfa Romeo, which now has nine models selling in more than three dozen countries...
...newest entrant in a field of products trying to bridge the technical divide between those who e-mail and their loved ones who don't. Early efforts, like the Mail Station and Mail Bug, tried to create computer products simple enough for the elderly to learn to use. The next generation of services has scrapped that paradigm entirely. Instead, companies like Sunnygram, Presto and Celery are turning e-mails into faxs, phone messages or stamped letters - media senior citizens already understand - so that users can keep in touch on their own terms. "My dad doesn't feel capable of managing...
...running Fannie and Freddie than the bottom lines of the two companies suggest. Most of the losses suffered by the mortgage giants, he notes, resulted from mortgages that Fannie and Freddie backed before they were taken over. Furthermore, part of the mandate of the current conservatorship has been to use Fannie and Freddie to stabilize the mortgage market and reduce foreclosures. Fannie and Freddie now back nearly 70% of all the mortgage loans made this year, a sign that the two companies have been active in helping people get new loans or refinance existing ones. And mortgage rates, though...
...Tehran Tiananmen? The harsh language used by Ahmadinejad and the Revolutionary Guards to describe opposition protests - and their invoking of the specter of an Eastern European-style "velvet revolution" backed by the West - appeared to be generating a narrative that would justify a bloody crackdown, a massive use of military force that would terrify the opposition into submission. Clearly the limited violence unleashed by the Ahmadinejad camp thus far has failed to intimidate Mousavi and his supporters. But while it would almost certainly empty the streets, the "nuclear option" of a Tiananmen Square-style crackdown would be a potentially fatal...