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What's the second biggest purchase after a home? Most of the time, it's a car. And with so many people losing their homes, it's really no surprise that so many people are also losing their cars. Repossession companies are reporting record business -- so much so in fact that they are securing additional lots on which to store the delinquent goods.
There are a lot of questions surrounding the proposed merger of competing satellite radio providers XM and Sirius. USA Today had a chance to ask a few to Sirius CEO Mel Karmazin, the would-be CEO of the two companies if the merger is allowed to take place. Below are some bullet points from the interview with answers to the most burning questions.
"We have always found a way to clean the environment and grow the economy at the same time. And when it comes to global warming, we'll do it again." Former President Bill Clinton takes his own words, spoken in the 1998 State of the Union Address, to heart as he gives up his Secret Service issued SUV for a Mariner Hybrid.
USA Today reports gas use last month was 0.6% less than a year ago. For the gasoline consumption to go down by a small amount could have a significant impact. Generally, the US consumption increases by about 1.5% annually. If the downward trend continues further, or if we at least can maintain the reduction in gas use, an impact could be seen on gas prices. It seems some of us a