Wednesday, March 3, 2010

Ford Motor Company said on Tuesday that its sales in the United States rose 43% in February compared to the same period last year, as the automaker outsold rivals Toyota and General Motors.

Ford said that total sales improved to 142,285 units, compared to 141,951 units sold by GM. Additionally, Ford said that its share of the total US car market rose to 17%, up from 14% a year ago. The increase was better than analysts had predicted, and Ford’s stock rose to a five-year high in morning trading, before declining later in the day. Ford’s sales were significantly influenced by a 74% increase in fleet sales to businesses. Rental car agencies alone accounted for around 30,000 units sold. Sales to retail consumers increased only 28%.

The increases were led by sales of two sedans, the Fusion and Taurus, which rose 166.5 and 93.3% respectively, although sales of other models such as SUVs and pickup trucks also increased. Both models were significantly redesigned last year, and analysts said that improved quality from such cars were driving the increases.

Other companies also reported February sales today, nearly all reporting sales gains as well, although none as large as those of Ford. Toyota was the sole exception to the sales gains, as their sales declined 8.7%, as the company was faced with a global recall during the month that led to a temporary stoppage of production for some models.

“The strength of our new products … are resonating with customers,” said Ken Czubay, Ford’s vice president of sales and marketing. However, he believed that traditional Toyota customers were not buying rival autos, but rather awaiting the results from the recalls.

Wednesday, June 30, 2021

Earlier this month, Wikinews spoke with University of Sussex professor of economics L. Alan Winters regarding the decision of the United Kingdom to leave the European Union (EU) in the 2016 Brexit referendum and the subsequent negotiations leading up to and following the EU–UK Trade and Cooperation Agreement of December, which he has researched extensively. In a call, a Wikinews correspondent spoke with Professor Winters about recent developments in UK trade policy to learn more about his observations.

Winters is professor of economics at the University of Sussex, as well as founding director and fellow of the UK Trade Policy Observatory (UKTPO). His career spans over 15 years, including as chief economist at the Department for International Development, director of the Development Research Group of the World Bank, CEO of the Migrating Out of Poverty Research Programme Consortium and advisor for the Organisation for Economic Co-operation and Development, the Commonwealth Secretariat, the European Commission, the European Parliament, the United Nations Conference on Trade and Development, the World Trade Organization and the Inter-American Development Bank.

Three reports where Winters is listed as an author were used as reference during the interview: “COVID-19 will reinforce the Brexit shock”, “The Costs of Brexit” and “Taking stock of the new UK-EU Trade and Cooperation Agreement: governance, state subsidies and the level playing field”.

Winters was awarded the title “Companion of the Most Honourable Order of the Bath”, styled C.B., on June 16, 2012 as part of the 2012 Birthday Honours.

Wednesday, April 13, 2011

On Monday, an Air France Airbus A380, operating as Air France Flight 007, collided with a Comair Bombardier CRJ-700, operating as Comair flight 553/Delta Connection flight 6293 in Delta Connection livery, on a taxiway at John F. Kennedy International Airport in New York City. The A380 had 520 people onboard, and the smaller plane had 66.

The Comair jet had just arrived from Boston Logan International Airport, and was stopped on the tarmac, awaiting a gate to offload passengers. The A380 was preparing to depart for Paris-Charles de Gaulle airport, and was taxiing along a taxiway when its wingtip struck the tail of the other plane. The impact spun the CRJ around 90 degrees and resulted in some damage to both planes.

A passenger on board the A380 said that “It really felt just like a speedbump or like hitting a pothole—a jolt—but it didn’t feel right [it felt] like that shouldn’t be happening.”

LiveATC.net captured the recording of the flight deck and ground control communications before and after the incident. In the recording, one can hear controllers giving taxi instructions to the Air France plane, then later a controller calling for emergency personnel to the intersection of taxiways Alpha and Mike.

The National Transportation Safety Board plans to investigate the incident, and will study the flight recorders, air traffic control recordings, and data from radar on the ground.

Tuesday, April 11, 2006

The New York Post has suspended gossip columnist Jared Paul Stern pending an FBI investigation into allegations that he tried to extort money from billionare Ron Burkle. Stern has denied the allegation.

Stern contributes to Page Six, the New York Posts gossip and celebrity news section. The allegation first appeared in the New York Daily News, the Post’s long-standing rival. The Daily News reported that, in a sting operation, Stern was videotaped asking Burkle for cash, in exchange for weeding out negative stories on Burkle.

The Post said that it is cooperating with the federal investigation.

Saturday, March 25, 2006

Student protests against the French Prime Minister Dominique de Villepin job reform plan to give employers the right to dismiss young employees within the initial two years of their employment turned increasingly violent over the last two weeks.

The controversial program called the CPE, “First Job Contract”, is to encourage employers to hire people under the age of 26. The French government claims that this process is necessary to reduce the unemployment rates of young people, which is pegged as high as 23% (this rate is the quotient of the number of people under 26 deemed to seek employment over the total of those employed and deemed to seek employment, which excludes the large proportion of students in that population). However, student protestors and trade unions say that the legislation infringes on workers’ rights, and opinion polls show that some two-thirds of the population want the CPE either modified or dropped altogether.

The CPE allows employers to hire people age 26 and younger on a contract for up to two years which may be terminated at any time without explanation. While supporters of the law say that it will make younger people more attractive for employers, opponents say it makes it harder for young people to find long-term employment as there is no incentive for employers to offer any other form of contract.

Labour unions and student organisers are calling for a national strike on Tuesday, the fifth strike in the past two weeks.

The French labor laws are claimed to be among those protecting employees the most in Europe; they prevent employers from trimming their workforces without paying substantial severance packages. Prime Minister de Villepin’s claims to intend to reduce youth unemployment by focusing on attracting modern industries relying on higher employee turnover and more flexible employment arrangements.

The current program is similar to the CNE ordinance the Prime Minister issued last summer for small businesses in France.

CPE was adopted under an exceptional “fast-track” procedure allowing the executive to pass legislation through Parliament without Parliament having to approve it, known as “49-3” following from the number of the relevant article in the French Constitution. This procedure is normally reserved for important but controversial texts considered a crucial and urgent element of the policies of the Prime Minister. Once 49-3 is declared, the law is considered adopted by Parliament unless the National Assembly votes a motion of censure, which terminates the Prime Minister and his cabinet’s term. Following standard practice when 49-3 is used, a motion of censure was proposed by the opposition, then voted down by the Assembly (in which the ruling UMP party has a majority).

Friday, November 7, 2014Albuquerque, New Mexico —Online entertainment is a booming market, and plenty of players are making their play; back in March of this year The Walt Disney Company bought the multi-channel network Maker Studios. What is web entertainment, and the arts therein? And, who are the people venturing into this field? Wikinews interviewed Mario Lucero and Isabel Ruiz, the founders of Heaven Sent Gaming, a small entertainment team. This group has been responsible for several publications, within several different media formats; one successful example was aywv, a gaming news website, which was #1 in Gaming on YouTube in 2009, from September to November; Heaven Sent Gaming was also the subject of a referential book, released in 2014, entitled Internet Legends – Heaven Sent Gaming.

Sunday, June 21, 2009

[edit]