Friday, May 18, 2007

 

Gas prices, demographic shifts cut miles driven by Americans

Date: Fri, 18 May 2007

NEWS
Drivers cut back -- a first in 26 years
---------------------------------------------
The average American motorist is driving substantially fewer miles for
the
first time in 26 years because of high gas prices and demographic
shifts,
according to a USA TODAY analysis of federal highway data.

Campaign funds going to legal fees
---------------------------------------------
Two dozen current and former members of Congress caught up in criminal
investigations or ethics inquiries spent more than $5 million in
campaign
funds on legal fees during the last 27 months covered by
campaign-finance
records.

U.S. bank considering request to help transfer N. Korean funds
---------------------------------------------
A U.S. bank said Friday it was considering a request to help solve an
international funds transfer involving North Korea that has held up
movement
by the communist country to implement a landmark nuclear disarmament
accord.


MONEY

Strategies: Don't let tug of war of business sap your energy
---------------------------------------------
Strategy versus execution. Sales versus operations. Increasing income
versus
reducing costs. Every entrepreneur faces a constant tug of war.

Test Drive: Honda's FCX fuel-cell car ready for its close-up
---------------------------------------------
It will be interesting to see how the automaker deals with the noise
issue.
Honda knows people want to hear something when they step on the
throttle.
Otherwise there's little to reinforce the feeling of acceleration. A
noiseless
car can seem sluggish even if it's not. But what kind of sound, and how
do you
get it from an electric powerplant?

Wolfowitz quits World Bank
---------------------------------------------
World Bank President Paul Wolfowitz resigned Thursday, capping a
long-running
dispute over his handling of a pay raise and promotion for a bank
employee
with whom he was romantically involved.


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