Chris Barton Los Angeles Times Published 8:47 p.m. UTC Jun 4, 2018 Twenty years ago, it all started with a female voice. “Once upon a time,” she began, invoking a happily ever after that never came as she told a story of a woman new in town and full of bright hopes, only to see them dashed by the whims of an undeserving man and, by extension, life in the big city. But life went on, taxis kept rolling by and a new chapter in television began with a declaration of intent: “Welcome to the age of un-innocence,” says Carrie Bradshaw, writing at home at night in view of New York City neon, “No one has breakfast at Tiffany’s, and no one has affairs to remember.” Clearly, this was no fairy tale. But as telegraphed by its bouncy, marimba-laced opening theme, “Sex and the City” wasn’t a tragedy either. Launching in 1998, the groundbreaking HBO comedy followed Carrie (Sarah Jessica Parker), Miranda (Cynthia Nixon), Samantha (Kim … [Read more...] about 20 years later, ‘Sex and the City’ revolutionized TV
S and p futures
Fiat Chrysler Automobiles CEO Sergio Marchionne, due to retire in less than a year’s time, will lay out the automaker’s future on Friday. Well, the next five years of its future — and we all know how malleable those plans can be. According to a Bloomberg report, sources with knowledge of the plan say the near future contains far fewer Chryslers for those living outside the U.S., and no Fiats for those who are. Not surprisingly, the bulk of FCA’s five-year strategy allegedly involves boosting the automaker’s strengths. That means Jeep, though the Ram brand helps pay a large portion of the company’s rent in North America. Globally, Jeep is FCA’s breadmaker, valued higher than the automaker itself, though Marchionne hopes to build Maserati into its own juggernaut, the sources claim. What does the upcoming product plan, scheduled for a reveal at the Balocco test track near Turin on June 1st, mean for domestic buyers? It’s possible the … [Read more...] about Expect a Future Fiat Chrysler With a Lot Less Fiats and Chryslers: Report
Nathan Bomey and John Gallagher Detroit Free Press Published 5:43 p.m. UTC May 24, 2018 Originally published Sept. 15, 2013 Detroit is broke, but it didn’t have to be. An in-depth Free Press analysis of the city’s financial history back to the 1950s shows that its elected officials and others charged with managing its finances repeatedly failed — or refused — to make the tough economic and political decisions that might have saved the city from financial ruin. Instead, amid a huge exodus of residents, plummeting tax revenues and skyrocketing home abandonment, Detroit’s leaders engaged in a billion-dollar borrowing binge, created new taxes and failed to cut expenses when they needed to. Simultaneously, they gifted workers and retirees with generous bonuses. And under pressure from unions and, sometimes, arbitrators, they failed to cut health care benefits — saddling the city with staggering costs that today threaten the safety and quality of … [Read more...] about How Detroit went broke: The answers may surprise you — and don’t blame Coleman Young
opinion By Doug Bandow Published 3:00 p.m. UTC May 24, 2018 North Korea has just reminded the U.S. that it is intent on negotiating with the U.S., not accepting an administration diktat, especially one explicitly modeled after the Libya deal, which ultimately ended in the gruesome death of Moammar Khadafy, who agreed to its terms. Secretary of State Mike Pompeo recently visited Pyongyang again and made Kim Jong-un an offer he hoped the North Korean supreme leader could not reject: abandon nuclear weapons and the North can “have all the opportunities your people so richly deserve.” But the Trump administration should be careful what it asks for. What if Kim said yes, here are my nukes. Now where are my benefits? The summit between Kim and President Donald Trump is set but suddenly in doubt. Pompeo went to Pyongyang to finalize the details and bring home three imprisoned Americans. While there he made a pitch for North Korean disarmament. It sounded like a good deal, … [Read more...] about Opinion: What if Pyongyang makes an offer U.S. can’t refuse?
Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Advertisement Supported by Wheels ByLawrence Ulrich May 17, 2018 When General Motors recruited Johan de Nysschen to lead Cadillac in 2014, the prominent auto executive hoped for a cavalry of new sport-utility vehicles to shore up the luxury brand’s weakest position. As it awaited reinforcements, Cadillac soldiered on with a legion of widely praised sports sedans, the kind of beautifully engineered vehicles its German rivals would have been proud to call their own. But now Cadillac finds itself overrun by German and Asian S.U.V.s and G.M.’s leaders have parted ways with the man once seen as the brand’s future. And America’s premier luxury car brand must reckon with an uncomfortable truth. “Cadillac is just not selling what people want to buy today, especially in America,” said Karl Brauer, executive publisher … [Read more...] about Cadillac Makes Beautiful Cars. Too Bad Americans Want S.U.V.s.
Climate By BRAD PLUMER and NADJA POPOVICH MAY 10, 2018 Automakers have steadily improved the fuel economy of new cars, S.U.V.s and pickup trucks, pushed by federal regulations. While some companies have introduced hybrid and electric cars, most of the recent gains have come from improving traditional gasoline-powered vehicles. The Trump administration is now proposing to weaken those Obama-era vehicle rules after 2021. A big question is whether automakers can meet increasingly strict standards in the years ahead. To put this debate in context, here’s a look at how automakers have improved the fuel economy of some of their most popular models so far — and what the future might hold. Two paths for how sedans have improved engines Fuel economy, combined city and highway, miles per gallon | Source: fueleconomy.gov Toyota has increased fuel economy in the Camry, its best-selling sedan in the United States, through a multitude of engine … [Read more...] about It’s Not Just Hybrids: Pickup Trucks and Sedans Have Gotten More Efficient, Too
“The Funeral,” by Matt James (Groundwood) In The Funeral (Groundwood, Ages 5 to 8), Matt James offers a lighthearted — yet not irreverent — look at the rituals of death, through the eyes of a child. Young Norma spends a day out of school to attend her great-uncle Frank’s funeral. She practices her sad face in the mirror but looks forward to seeing her younger, favorite cousin, Ray. She tries sounding out the word on the flag attached to their car: FUNeral. “Mom, Uncle Frank was really old, right?” Norma asks. At the church, out in the countryside, the funeral seems very long, “with all that talk about God and souls, and not very much talk about Uncle Frank.” Norma and Ray are allowed to slip away from the reception into the nearby meadow, filled with flowers, under a pink-blossomed tree. The clear blue sky seems huge with the church looking “as though it might fall off the ground and fly away in the heat of the … [Read more...] about Best new children’s and YA books to read this month
NEW YORK (Reuters) - China hit back quickly on Wednesday against the Trump administration’s plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key U.S. imports including soybeans, planes, cars, beef and chemicals. FILE PHOTO: Soybeans being sorted according to their weight and density on a gravity sorter machine at Peterson Farms Seed facility in Fargo, North Dakota, U.S., December 6, 2017. REUTERS/Dan Koeck/File Photo COMMENTS: JOHN STOLTZFUS, CHIEF INVESTMENT STRATEGIST, OPPENHEIMER ASSET MANAGEMENT, NEW YORK “At this point, when you look at the broad nature of the decline, it shows elements of a ‘tariff tantrum’ happening in the market. There’s not a trade war going on at this point. Both sides are firing shots across the bow. They’re responding to each other with heavy-handed tactics. It’s not so deep as to cause the reaction the market is taking right now. It’s … [Read more...] about China retaliates, slaps duties on U.S. soybeans, planes; markets skid
The National Labor Relations Board has filed an amended complaint against Tesla, reigniting a fight between the independent government agency and the automaker over alleged workplace violations. Tesla is reeling from a particularly troublesome week, after a safety regulator launched an investigation into a deadly crash involving a Model X and Moody’s downgraded the automaker’s credit rating, potentially making it more expensive for it to borrow money. Tesla’s stock price took a nosedive in response to the news. Now the automaker has to address claims from the NLRB. Last August, the labor agency filed a complaint against Tesla, saying it found merit to allegations previously made by Tesla employees about unfair labor practices. The filing came after months of organizing by pro-union employees who were supported by the United auto Workers. A hearing was scheduled for mid-November, but the NLRB had postponed it to investigate new claims brought by workers. After months … [Read more...] about U.S. Labor Agency Files Amended Complaint Against Tesla For Alleged Worker Rights Violations
Subaru of America is fresh off its best U.S. sales year.Its lineup is anchored by three all-wheel-drive crossovers that remain in strong demand, and the brand has achieved 74 consecutive months of year-over-year sales increases.This year, with a flowing pipeline of fresh products headed to retailers, including its largest model ever, the three-row Ascent, Subaru anticipates it will chalk up still another record sales year in the United States.That hasn't always been the narrative for Subaru, a car brand created by the Japanese industrial conglomerate formerly known as Fuji Heavy Industries.This month, as the automaker marks its 50th anniversary of selling vehicles in the U.S., Subaru of America officials and people who shaped today's business over the last few decades remark that success has been a long, and occasionally bumpy, road.Since its start here in 1968 as an importer of a quirky microcar called the 360, Subaru has fought — and usually won — a slew of uphill battles … [Read more...] about Underdog Subaru celebrates 50 years in the U.S.