Wasn’t it just last month that economists were crying in their beers, telling us the world was ending, and it didn’t matter because no-one had jobs? High jobless figures and the credit crisis in Europe had everyone too panicked to buy much. The global economy was in the dumps, the stock market wasn't functioning correctly, the housing market was still falling, and the best advice seemed to be to hide in a closet, if you still had one handy. read »
For years now, American corporations have been outsourcing IT services, creating hundreds of thousands of jobs for technology workers in India and elsewhere. General Motors, for instance, now outsources about 90% of its IT services, handling just 10% in house. read »
Ducati has set a new record for North American sales, with 10,094 units sold here over the past 12 months. read »
Ducati motorcycles
Valence Technology this morning announced that it has filed Chapter 11 in the U.S. Bankruptcy Court for the Western District of Texas. read »
It's been a tough time for U.S. automakers, and not much of a picnic for their Japanese rivals, either. read »
Drivers who who can't afford or don't want to own a Porsche can still drive one, and even take one away for the weekend, thanks to a new addition to rental car company Hertz's luxury lineup. read »