Saab, the Swedish automaker whose distinctive sedans and convertibles helped it build cult following and a small market niche in the United States, has filed for bankruptcy protection in its home country. General Motors, which bought the brand in the mid 1990s, failed in its efforts to convince the Swedish government to offer financial support to help Saab stand on its own. Friday, Saab sought protection from its creditors Read more…
Today’s release of a budget overview from the Obama administration puts Peter Orszag, director of the Office of Management and Budget, in the spotlight. He spoke with reporters for 45 minutes this morning, saying the plan “fulfills the President’s campaign promises to be honest and responsible, to reorient the federal budget towards programs that work and away from those that don’t, and to invest in education, promote clean energy, and reduce Read more…
Just a few weeks after Dodgers catcher Russell Martin was in the news for doing yoga, another baseball star has reported losing 35 pounds after adding yoga to his training regimen. Although Carlos Silva, of the Seattle Mariners, credits yoga as a contributor to his weight loss—he also saw a nutritionist—it doesn’t sound like he’s a life-time convert just yet.
“I’m telling you, man, that’s the worst thing I ever did in Read more…
Jivamukti yogini Sharon Gannon recently released her new DVD, Chakra Balancing Yoga, which promises to “open and balance” the chakras through a series of asana, mantras, and affirmations. “When these energy centers are healthy and open, so are we—physically, emotionally, and in our relationships,” according to the DVD cover. “But when they are blocked through injury, illness, or disconnection from others, Read more…
If the dealership experience is what matters to you when car shopping, buy a Lexus. Toyota’s luxury division topped J.D. Power and Associates’ annual Customer Service Index this year.
Edmunds Inside Line comments, “The study measures dealer performance through experiences with going to a service department for maintenance and repairs in the first three years of vehicle ownership. J.D. Power surveys five categories: Read more…
Today is all about the budget. The President will give a brief overview for the public at 9:30, with his administration getting more into details at a briefing later. The headlines so far revolve around another change in the tax code to affect the highest wage earners, and the creation of a $634 billion reserve fund for health care.
Also today, the president will have lunch with the Congressional Black Caucus at the White House, Read more…
Well-known cam shafts company Crane Cams shut down Feb. 24 for restructuring but says it plans to reopen, likely sometime in March.
All of the companys 280 workers were laid off, though about 25 remain to work on military contracts. The closure was in response to the global economic problems, said vice president Steve Leva. He said the Daytona Beach, Fla., company planned to reopen in as soon as a week, or it may take up to 30 days. Read more…
Yogi Amrit Desai, the Founder of the Kripalu Center for Yoga and the Amrit Yoga Institute, will lead a free yoga seminar in Pendleton, Oregon on April 25-26. There will be a welcoming ceremony and native cultural activities throughout the weekend from members of the Umatilla Indian Reservation. There will also be daily yoga classes, and Yogi Desai will lead several sessions in Yoga Nidra as well as an evening Kirtan. Read more…
President Obama this morning made his third — and he hopes final — choice for Commerce secretary, nominating former Washington Governor Gary Locke for the post.
“Now I’m sure it’s not lost on anyone that we’ve tried this a couple of times,” Obama acknowledged. “But I’m big believer in keeping at something until you get it right. And Gary is the right man for this job.”
The president played up Locke’s family’s immigrant Read more…