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0Houston study lauds red light cameras despite uptick in accidents 1230672660
We all know we shouldn't mess with Texas. And Houston, Texans shouldn't mess around with statistics, because the folks running the show are going to come to any conclusions they want no matter what the statistics say. This is the easy part: a study of red light cameras in the city shows that ...
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Irony: Red light cameras a safety impediment 1205503080
Red light cameras are nothing more than a surreptitious tax. Oh sure, they're sold to municipalities as a safety benefit, but what else would you say if you wanted to be paid to install, administrate, and monitor your little ticket-writing bots? The cities and towns that put the cameras greedily ...
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BMW mulls selling engines to other automakers 1180202880
Don't go getting too excited, it probably won't mean a crate version of the S65 or N54 for Roundel fans. Running an automaker is expensive, especially a manufacturer that leans more toward niche status than casting a wide net. BMW is looking at all options for future revenue, and one of the ...
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GM posts a smaller Q3 loss than expected 1161783060
The business world has always confounded us for being a place where one can celebrate with champagne after not posting a profit for three months, if only for the fact that you didn't lose as much money as people thought you would. Such is the case with General Motors, which today announced that it ...
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Porsche posts peak profits 1159440720
Porsche's sales figures are in for the 2006 fiscal year, and profits are up by over ten percent to a staggering €7.27 billion. Production grew by nearly thirteen percent over last year, putting out more than 100,000 cars over the year. Some would be inclined to attribute the record sales, ...
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Can General Motors sustain momentum towards profitability? 1147631520
Earlier this week we posted about how General Motors' reported first quarter $323 million loss became a $445 million profit. And this is not by some accounting fluke: analysis of the automaker's finances shows the profit stemmed from its cost-management strategies and higher revenue from sales such ...
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"Hold the anchovies": Rising gas prices increasing costs for service industries 1146412560
Every driver is feeling the pinch at the pump these days, but the skyrocketing cost of gasoline is affecting more than just your commuting habits. Ordering out for pizza? You might want to reconsider the pepperoni. Having flowers delivered to your sweetie? Might want to switch the roses for ...

