Business cycles can be fickle, as officials for Tata Motors are discovering. During India’s economic boom, the country’s largest automobile manufacturer burst onto the international stage by acquiring fabled British luxury marques Jaguar and Land Rover for $2.3 billion
Tag Archives: business
Bipartisan summit aims to address deficit, fiscal challenges
President Obama is reaching across party lines Monday to host a bipartisan "fiscal responsibility summit" as the government tackles the seemingly contradictory tasks of controlling a soaring federal deficit while spending the country’s way out of a deep recession. The summit is intended to be the starting point for a “frank discussion” on the long-term fiscal problems facing the country, White House press secretary Robert Gibbs said Friday
Jerry Lewis Wins an Oscar at Last
The last time Jerry Lewis appeared on the Oscars was 50 years ago, as one of the hosts of the 1959 show.
Are Mixed-Race Children Better Adjusted?
Americans like answers in black and white, a cultural trait we confirmed last year when the biracial man running for President was routinely called “black”. The flattening of Barack Obama’s complex racial background shouldn’t have been surprising. Many multiracial historical figures in the U.S.
Internet Pirates Face Walking the Plank in Sweden
A criminal trial underway in Sweden is testing a very American notion: that artifacts that carry a copyright should not simply be lifted or stolen — that their use requires permission and compensation. That definition of intellectual property may appear almost quaint in these days when it is easy to find almost anything on the Internet and just as simple to download.
Stanford scandal spreads
Antiguan and Barbudan regulators Friday took control of U.S.financier Robert Allen Stanford’s financial institutions on the twin-island nation, a day after federal agents served the Texas businessman with papers accusing him of running an investment fraud scheme.
Fix-It Nation: In Tough Times, Tailors and Cobblers Thrive
Where’s the trendiest place to shop these days?
Abu Dhabi: An Oil Giant Dreams Green
Sami Khoreibi can’t stop smiling. The baby-faced CEO of Enviromena Power Systems, Khoreibi launched his business a little over a year ago.
Are Hugs the New Handshakes?
If White House etiquette is any indication, you should be getting a random hug soon.
Saving the Real Estate Market by Paying the Neighbor’s Mortgage
The quickest way to help the auto industry would be to make sure that no one in the U.S. defaults on a car loan. Certainly the government could make sure that people who are employed and do not have a history of being deadbeats get a portion of their car loans paid.