Category: News

Reader Justin read our article about BK’s new pork ribs and decided to see if his local BK had them. It did, so he put together a full report from the front lines.

Take it away, Justin:

They offer a $5.99 6 piece meal and add 2 more for $1.00. You can also add 3 pieces to a value meal for $1.99.

As you can see with the pictures, they are small, bite sized ribs. They remind me of the riblets that Applebees has. They were fall off the bone like they described but the size they show on the ads in the drive through are quite a difference from what you actually get, not that is any different from any other food item.

Official Consumerist Follower rating…C+ to B-. Nice to have a fast food option not a burger but small….

As the United States edges closer to issuing a fresh round of sanctions against Iran, foreign investors so far unmoved by international pressure will end up doing business with a Revolutionary Guard that makes even local firms nervous, an analyst warns.

The Islamic Revolutionary Guard Corps, known as the IRGC or Revolutionary Guard, is a military branch set up after the 1979 revolution to protect the regime and has become more ingrained in the Iranian economy particularly under President Mahmoud Ahmadinejad’s administration.

In recent weeks, the Revolutionary Guard has declared that it can assume control of the energy industry if Westerners flee under the crush of coming U.S. sanctions. Over the last two-and-a-half decades, the powerful force has gradually moved into sectors like construction, energy and telecommunications, said Alex Vatanka, a scholar at the Washington-based Middle East Institute.

Given Iran’s oil and gas reserves and the country’s reliance on revenues from crude exports, “it’s very logical for the IRGC’s economic arm” to seek an even stronger footing in the energy sector as U.S. and United Nations financial penalties against firms operating in Iran pick up steam, Vatanka told OilPrice.com.

The IRGC has the “political muscle to push political contracts” through, but it is questionable whether the group is best-suited to coordinate these efforts on a domestic level, he said. “We know their intentions in the Iranian oil industry, and [local firms are] very often hesitant when they see IRGC involvement,” he noted.

Foreign companies would be “equally, if not more hesitant, to deal with the IRGC” because the organization is at the forefront of any U.S. government or U.N. attempt to apply new sanctions, he said.

“So it really just raises the stakes for any foreign participant in these projects,” Vatanka said.

The overriding challenge is whether a firm, domestic or otherwise, can ever have a “fair struggle with the IRGC, if I can put it this way,” Vatanka explained. “They are politically so powerful that they can nullify, change terms and take the credit for anything that’s done positively and claim it to be their own. And if you stand up to them, they would basically label you against the Islamic Revolution.”

He said questions also linger about the kind of revenue-sharing the Revolutionary Guard would offer international companies.

And whether the Revolutionary Guard can even fulfill Iran’s “very big intentions” in the gas sector remains to be seen, Vatanka said, noting “there’s no evidence to suggest that they have, in any way or shape, invested technologically in energy. If it was about missiles, it would have been a totally different matter.”

In March, Iranian Oil Minister Masoud Mirkazemi said the Islamic regime is seeking a $200 billion investment in oil, gas and refinery industries over the next five years.

Iran has only waning pools of oil but may become a “huge provider of natural gas on a global scale,” Vatanka said.

Iran holds the world’s third-largest proven oil reserves and the world’s second-largest natural gas reserves, according to the U.S. Energy Information Administration. This includes the South Pars gas field, the “largest natural gas deposit in the world, which Iran shares with the state of Qatar,” added Vatanka.

The Iranian oil industry has traditionally been aligned with “pragmatic conservatives,” he added, but there has been a shift toward “principalists, the people around Ahmadinejad,” particularly in “this pivotal” sector of the Iranian economy.

In April, Ahmad Ghalebani took over as head of the National Iranian Oil Co. from oil-industry veteran Seifollah Jashnsaz, according to Iranian press reports. Like the Iranian oil minister, Ghalebani does not hail from the oil industry, the reports state.

Regardless of the typical rhetoric emanating from Iran, the country has always had a “pretty well-oiled bureaucracy,” but these “relatively new faces and voices” have spurred more uncertainty for foreign firms, Vatanka said.

Iran has pressured a number of firms to honor previous agreements or pull out of the country entirely. Iran recently gave a two-week ultimatum to Royal-Dutch Shell and Repsol of Spain to forge ahead with their involvement in projects related to the South Pars gas field or be replaced by local firms.

Around the same time, the regime also announced that it is awarding major gas contracts to Chinese, Malaysian and Indian firms for South Pars instead of Western firms widely regarded as frontrunners, according to Iranian news reports.

India is not likely to give up its investments in Iran “without considerable pressure” from the U.N., noted Robert Ebel, a senior adviser in the energy and national security program at the Center for Strategic and International Studies, a Washington-based think tank. Not only does India have business interests in the country, Iran provides it with “over 400,000 barrels of oil a day,” Ebel told OilPrice.com.

At the moment, India has proposed resuming talks with Iran on importing gas through a pipeline passing through Pakistan, according to Indian press reports.

China, which has a big interest in Iran as an oil supplier, is unlikely to be fully supportive of the United States and the U.N., Ebel said. About 430,000 barrels of oil move from Iran to China every day, he added. China, India and Japan probably account for half of all Iranian oil exports, Ebel noted.

On the weekend, the head of Brazil’s energy regulator was reported as saying that his country could assist Iran with equipment and engineering if Iran offered drills to help Brazil in the exploration of deep-water oil.

Despite these holdouts, many firms have already caved into pressure and abandoned some of their investments as talk of sanctions builds, said Ebel.

Russia’s Lukoil has stopped gas sales to Iran, while India’s Reliance Industries will not renew a contract to import crude oil from Iran this year.

China and Japan are cutting crude-oil imports from Iran. Vitol, Glencore and  Trafigura have all stopped their gas supplies to the country.  And Shell also stopped selling gas to the regime.

At a congressional hearing last week, the U.S. Homeland Security and Governmental Affairs Committee issued international firms a stark warning: “Either do business with Iran’s $250 billion-a-year economy, or do business with America’s $13-trillion economy, but you cannot do business with both.”

The proposed U.S. legislation is known as the Iran Refined Petroleum Sanctions Act and will be tougher on firms than its predecessor, the Iran Sanctions Act. The revised law will pursue financial institutions and firms that do business in Iran’s energy sector or help the regime build its refining capacity.

The Government Accountability Office, an arm of Congress, released a report during the hearing that found that seven of 41 companies previously identified as doing business with Iran received combined payments of nearly $880 million from the Defense Department. This includes $319 million to Repsol and $312 million to Total of France for the purchase of fuel.

Ultimately, the relationship between Iran and the international community will be tough to walk away from, Vatanka of the Middle East Institute told OilPrice.com. While Iran still needs Western technology to expand its energy industry, he said, large companies seeking growing markets will be hard-pressed to “totally look away and abandon Iran for good.”

This article was written by Fawzia Sheikh for Oilprice.com

Join the conversation about this story »

According to the Press Room of the Department of Defense, U.S. authorities don’t plan on interfering with the investigations of the March 26, 2010 attack of South Korean frigate Cheonan, how ever they would support a joint effort to investigate the causes of the torpedoing, so far it appears that it was an attack against South Korea it self by North Korea.

According to Navy Adm. Mike Mullen who had spoken with Navy Adm. Robert Willard (commander of U.S. Pacific Command) on May 19, 2010 the U.S. does not plan on changing military reediness in the Pacific zone, how ever the U.S. Army is closely monitoring the outcomes of the Korean situation.

Defense Secretary Robert Gates also clarified that its up to South Korea to determine what will be his attack response, Gates clearly stated that the U.S. will not interfere with the response of South Korea, however it will support the investigation efforts to determine the causes of this attack and that why it was necessary by North Korea to sink the Cheonan frigate.

On a May 24, 2010 news conference UN Secretary General Ban Ki-moon said in relation with the newly found evidence of the Korean Cheonan sinking that this evidences are “overwhelming and deeply troubling,”

South Korean President, Lee Myung-bak announced that South Korea will sever nearly all trade with the North Korea and will bring the matter before the Security Council of the United Nations.

Source: Press Room of the Department of Defense – (http://www.defense.gov)

United Nations News Centre – (http://www.un.org)

Related posts:

1. South Korea Accused North Korea for Firing Torpedo that Killed 46
2. South Korea Blames North Korea for Sinking Cheonan
3. South Korea’s Underwater Search Suspended

Toyota said it will stop sales of its Lexus LS sedan for about three weeks as it comes up with a fix for the steering system. On Friday, Toyota announced a voluntary safety recall on approximately 3,800 late 2009 and certain 2010 model year Lexus LS 460 and LS 600h L vehicles in the United States.

Spokesman Brian Lyons said that the company was putting a stop to the sales of the LS on dealer lots until the U.S. receives repair parts, which probably won’t arrive until late June.

In the mean time, Toyota has fixed the problem in Japan, where the LS is assembled. It will be sending upgraded Lexus LS models that dealers can – those should arrive by mid-June, Lyons said.

Click here to learn more about the Lexus LS recall.

– By: Kap Shah

Source: Detroit News

Car tuning is both an industry and a hobby, in which an automobile, motor bike, scooter or moped is modified in order to improve its performance, handling and presentation and improve the owner’s driving style.

As most vehicles leave the factory set up for average driver expectations and average conditions, tuning has become a way to personalize the characteristics of the vehicle to the owner’s preference.

example, they may be altered to provide better fuel economy, produce more power at high RPM or the ride comfort may be sacrificed to provide better handling.

Car tuning is related to auto racing, although most performance cars never compete. Rather they are built for the pleasure of owning and driving such a vehicle.

Another major facet of tuning includes performance modification to the car exterior.

This includes changing the aerodynamic characteristics of the vehicle via side skirts, front and rear bumpers, adding spoilers, splitters, air vents and light weight wheels.

A big part of car modifications are car clubs or groups. Many are specific to particular car manufacturers. Clubs often attend national shows all over the country.

Please welcome the best drifts and car tuning events around the world! This post will aggregate the most important tuning event …

Car Tuning Show

Drifts & BurnOut Car Tuning Event

Tuning Event 2009

Germany Tuning Show

Tuning Show & Service Preparation

Recaro Tuning Days

Maxi tuning show

Tuning Garage

Learn more garding car tuning

Just hours before the Senate is due to vote on a non-binding directive to its committee conferees on exempting loan-issuing car dealers from financial regulatory reform, Jen Psaki, the White House deputy communications director, has written a blog post slamming the measure:

The President has been clear on this issue, repeatedly urging members of the Senate to fight efforts of the special interests and their lobbyists to weaken consumer protections. The fact is, auto dealer-lending is an $850 billion industry, which is larger than the entire credit card industry and they make nearly 80 percent of the automobile loans in our country.

Is there any question that these lenders should be subject to the same standards as any local or community bank that provides loans?

Auto dealer-lenders sell auto loans to working families every single day, and while most dealers are no doubt above board, some cannot resist the bigger profits that come from inflating rates, hiding fees, and tacking on over-priced add-ons.

These profits can lead some dealers to treat their customers unfairly. There are countless stories of hard-working people who are never even contacted when their car loans are promised by dealers and then fail to go through forcing them to borrow at a higher interest rate or to swallow the cost already paid toward the purchase of their car while giving up the vehicle.

At this point, the Senate is not expected to advise its conferees to fight for the exemption, proposed as an amendment to Sen. Chris Dodd’s (D-Conn.) financial regulatory reform bill by Sen. Sam Brownback (R-Kans.) but not voted on. The House bill does not give the Consumer Financial Protection Agency oversight over car dealers that make loans.

If I was a U.S. taxpayer or holder of U.S. Treasuries, I would not take much comfort from President Barack Obama’s proposed Reduce Unnecessary Spending Act. Points for effort, I suppose. But fast tracking and streamlining the current fiscal process that allows the White House to submit proposed budget cuts from spending bills would do little.

1. As the Heritage Foundation notes, since 1990, presidents have proposed clawing back only $20 billion of legislated spending, with Congress approving just $6 billion of these rescissions. That’s just .01 percent of all federal spending.

2. A study by Douglas Holtz-Eakin, former head of the Congressional Budget Office, found that an even tougher measure, a line item veto, has a poor track record — at least at the state level. (Here is a good summary of research on the topic via the NY Fed.)

Holtz-Eakin noted that in studying the effect of line-item vetoes at the state level, he found they produced mixed results. He found no major differences in spending between states where governors had this power and states where they did not.

3. Some two-thirds of the budget — mandatory entitlement spending would be off limits.

4. Such expanded powers might work in reverse. It would give the White House power to cajole Congress into supporting its spending policies by threatening to cut the pet projects of individual members.

5. To be fair, this new proposal is just another step in controlling spending – not a solution in and of itself. Obama has already proposed a temporary freeze in some domestic programs and created a deficit panel to suggest more comprehensive solutions. The move also keeps the danger of deficits firm in the public consciousness, though Europe’s woes should be reminder enough. But the White House must be careful about deluding the electorate into thinking that current efforts by the government to trim waste will be sufficient. Investors in Treasuries surely expect bolder fiscal action.

Douglas received an unexpected delivery from UPS last week: a check from Fidelity Investments made out to Vanguard Fiduciary Trust Company for over $300,000, along with a bunch of 401(k) rollover paperwork that included the real account holder’s address, date of birth, SSN, and phone number.

He writes:

The other day, UPS tried to deliver a package to my apartment. This is
strange, since I never have stuff shipped there. So I had the package
rerouted to my office.

The package arrived today, and inside the package was:

– A check for $300,234.24, made out to Vanguard
– Paperwork for someone else’s 401(k) rollover

The person who is doing the rollover is some random person from another town who I have never heard of before. I looked over the paperwork, and cannot find my name and address listed anywhere. Why the package was sent to me is a complete and total mystery.

One Google search later, and I even found this person’s Facebook page, complete with employer information and a picture. Pretty much everything that’s needed to pull off some serious identity theft.

So the question is: now what? Do I send the check back to them? Should I forward the check to Vanguard? Should I forget the whole thing?

You say you’ve got the person’s contact info, so you should let him or her know what just happened, and let Fidelity know as well so the check can be voided.

By Scott M. Fulton, III, Betanews

The latest hybrid notebook storage device announced today by Seagate Technology, the 2.5-inch form factor Momentus XT, promises radical performance improvements from every hybrid drive that has come before. Seagate says it can now offer this performance by literally divorcing the drive from, and breaking all connections with, the Windows-based technology that catalyzed the company’s entry into the hybrid SSD business to begin with.

Back in 2005, Seagate appeared to stand firm against what many believed to be the coming wave of solid-state storage technology, made feasible by more reliable flash RAM technology whose costs were plummeting and form factors shrinking. Seagate said at the time that flash wasn’t exactly as reliable as it seemed on paper compared to magnetic disks, in which the company was solidly invested.

One year later, Microsoft helped bring about the formation of an industry alliance for building hybrid solid-state/hard disk drives. It did so by making the ability to support hybrid drives a requirement for notebook PC manufacturers to obtain the much-desired Vista Premium logo, one of the higher tiers of Microsoft’s originally intended multi-level support program for Windows Vista. So the following year at CES 2007, standing on the podium together to represent the new market that Microsoft was effectively forcing open, were representatives from Samsung, Toshiba, and most surprisingly of all, Seagate.

The technology that these companies were relying upon was something called ReadyDrive, a series of Vista drivers that enabled caching in the SSD part of hybrid drives, especially to help accelerate boot times. But by 2008, hybrid drive manufacturers were complaining that the advantages offered by ReadyDrive were more than outweighed by the disadvantages of simply dealing with Vista.

Fast-forward to today, when Seagate product marketing manager Joni Clark triumphantly announces to Betanews that Momentus XT will not be bound to ReadyDrive at all.

“We are no longer dependent on the [operating system] to control what gets put into the flash,” Clark told us. “If you recall, the first [Seagate hybrid] drive needed ReadyDrive to enact or enable that functionality. We have a new driver that our engineers put in place — actually more of an algorithm — that we call ‘Adaptive Memory.’ This is a self-learning algorithm that monitors the LBA [Large Block Addressing] access on the drive. That algorithm doesn’t care whether what OS is running it, whether it’s a game or an Office application, or who the user is. All it knows is that there are frequently accessed LBAs, and some of them are tougher to get to than others. So it’ll take the ones that are frequent and tough to get to, even though it takes longer, and place those LBAs into the solid-state flash.

“This learning doesn’t happen just in the beginning,” Clark continued, “it’s constantly, always learning in the background. So it doesn’t matter whether you’re during the day a corporate executive, and by night you’re a gaming enthusiast; it’s going to constantly monitor and put these files into that solid-state, so you’re always going to be performing at the top of your game, no matter what you’re doing.”

Clark freely admits now that Seagate’s original Momentus product line, which included the 5400 PST announced in June 2006, didn’t live up to many users’ expectations, and that it can’t heap all the blame upon Microsoft. Many of the complaints came from enthusiasts, including gamers, who didn’t see any performance improvements — and often saw the reverse — because their programs weren’t making use of ReadyDrive. Others came from Linux users…Let’s face it, there is no ReadyDrive for Linux.

“With the first drive [5400 PST], we took a standard drive and we bolted on hybrid technology,” Clark had no trouble adding. “This new drive is hybrid-architected from the core.” Momentus XT’s new flash cache has been raised from 128 MB (or 256 MB in later models) all the way to 4 GB.

How will these facts directly impact all the programs that users run, not just some of them, and all the functionality they experience? “The first thing that people will notice, I’ll tell you up front, is the boot time,” Seagate’s Joni Clark responded. “After the third boot with this drive, I’ve seen people come back and say, ‘My boot time was cut in half.’ I don’t know about you, but when I’m running from meeting to meeting, I’m the next presenter, and I’m waiting for my system to boot so I can share some files, it’s very, very frustrating.”

In a test designed to approximate real-world workloads, Seagate engineers tested a high-performance Asus G51J gaming notebook system using a script that automated the same series of user interactions starting at bootup, then proceeding to running Excel, to calling up files from iTunes, then calling up the game Crysis Warhead, and so on. A fully solid-state drive ran the script sequence in 140.1 seconds. Momentus XT — a 7200 RPM drive — ran the script in 153.8 seconds, which is not much slower but certainly appreciably faster than the 10,000 RPM drive at 188.2, and a standard Seagate 7200 RPM drive at 225.6 seconds.

Perhaps most importantly, Momentus XT booted up the Windows 7 64-bit system in 23 seconds versus 59 seconds for the 7200 RPM HDD.

With respect to price, Seagate is also aiming for a sweet spot: $153 suggested retail for the 250 GB model, as opposed to $78 for a standard 250 GB 7200 RPM HDD, and $808 for a full 250 GB solid-state drive. Models at 320 GB and 500 GB will be available also, with pricing information to be revealed Wednesday.
The fact that Seagate didn’t test Momentus XT in a system known for power conservation is a clear indicator that there’s not much about it that’s “green.” That’s a big lesson learned from the Momentus 5400 PST days, when Seagate also tried to appeal to the energy cost-conscientious crowd.

“The first hybrid drive did try to cut down on power consumption,” Clark told us, “and actually did quite a bit. There was some spin-down going on…and we tried to increase the reliability of the drive and the performance. We were trying to be everything to everybody with that first drive. But the market came back to us and said, if you’re going to put solid-state on a drive, make sure it’s for performance. That’s the number-one thing…So with this drive, we quit trying to be everything to everyone, and we focused on the one value point that customers told us they wanted: affordable performance. So you will not see this drive spin down at all. We will spin like a normal 7200 — it doesn’t consume any more power than a normal 7200 RPM drive. Your shock is the same, and even your acoustics are identical.”

Seagate is inviting the general public to see this performance for itself, in a live webcast scheduled for Wednesday, May 26 at 2:00 pm EDT / 11: 00 am PDT. Seagate is taking reservations now at this address, and attendees will be eligible for prize drawings including one of three Asus G73 notebooks.

Copyright Betanews, Inc. 2010

Didn’t they almost have it all?

In news that will send Tweeners Tweeting in sorrow, the Celebrity Hotwire is ablaze with reports that Joe Jonas and Demi Lovato have called time on their virginal love affair less than six months after going public with the romance.

On Monday, Hollywood tattles dished the dirt to ZackTaylor.ca that Joe dumped Demi in a tearful conversation last week — after being pushed to the brink by the 17-year-old’s excessive blabbing to the press about their relationship.

“He doesn’t like everyone knowing everything, and that’s what ultimately pushed him over the top. They both care for each other a lot, just need a little ‘time-out’…” says an insider. “Joe and her had a conversation the other night about how quickly the seriousness of the relationship was getting, and wanted to slow things down a bit. Obviously Demi didn’t like what he had to say, but she respects him, and the two are calming things down…..”

The Jonas Brothers star — who famously dumped Taylor Swift by phone in 2007 — and Lovato made their relationship official in February, with Joe telling Idol Ryan Seacrest on his KIIS-FM radio show: “We’ve been best friends for the longest time and now we’re just kind of taking the next step and it’s been really fun. We’re having a great time. …. I guess we kind of figured that one day it would happen but we didn’t feel like it was the right time.”

Demi — Joe’s Camp Rock co-star — added: “Being best friends for a while, over time feelings grow, and for me, as much as I wanted to deny it, the feelings were always there.”

This new arrangement could prove a bit wonky for the former lovers; next month, The JoBros will be embarking on a three continent world tour with Lovato as their special guest.

Durante dois dias, universitários da PUC-Campinas deixarão livros e apostilas de lado para conhecer com detalhes os desafios que envolvem todo o processo de criação, produção e venda de um novo automóvel. Do papel à realidade, executivos da Renault do Brasil contarão sua vivência prática a estudantes de diferentes cursos de graduação na segunda edição do “Renault Experience”, que acontece nos dias 24 e 25 de maio, no Auditório Dom Gilberto Pereira Lopes.

“É uma oportunidade excelente para que os estudantes tenham contato com o mercado de trabalho e conciliem a teoria aprendida em sala de aula e prática de profissionais experientes”, afirma Bruno Hohmann, Gerente de Marketing Produto da Renault do Brasil.

Cerca de mil alunos devem participar das palestras que acontecerão na noite do dia 24 (hoje) e na manhã do dia 25. O case “Sandero Story” contará, por meio de um exemplo prático e real, os bastidores para comercialização de um produto especialmente elaborado para o mercado nacional e que já é sucesso também em outros países do mundo.

Bruno Hohmann, que vai falar sobre vendas, estratégias de marketing e campanha de lançamento, será um dos palestrantes. Além dele, também participarão outros executivos da empresa: Antônio Calcanhoto fará a abertura; Maristela Castanho abordará o processo de definição do novo produto, a escolha do modelo e a adequação ao público consumidor. Júlio Ouro, por sua vez, vai expor o processo de concepção, o design e até a escolha dos fornecedores. Por fim, André Peres explicará o processo de fabricação, o fornecimento de peças e questões de logística.

Fonte: Renault

What was reported a few months ago is now official: Gen. Raymond Odierno, the U.S. commander in Iraq, will head up the Joint Forces Command, pending (a certain) Senate confirmation. In the language of JFCOM’s press release, Odierno will “oversee UFJFCOM’s roles in joint concept development and experimentation, joint capability development, joint training, and force provision and management as outlined in the Department of Defense’s Unified Command Plan.”

Last week, President Obama and Defense Secretary Gates nominated Lt. Gen. Lloyd Austin — like Odierno, a former corps commander in Iraq — to take over for Odierno as the Iraq war’s final commander. Odierno’s official move to Joint Forces Command now sets off a flurry of speculation over whether the current commander there, Marine Gen. James Mattis, will either retire or become the Marine Corps’ next commandant.

FoMoCo announced today that it is investing $135 million to design, engineer and produce key components for its next-generation of hybrid-electric vehicles.

Ford will be moving work currently performed in Mexico by a supplier to its Rawsonville Plant in Ypsilanti, Michigan, which will assemble the battery packs beginning in 2012. The Dearborn automaker’s Van Dyke Transmission Plant in Sterling Heights will build the electric drive transaxles starting in 2012 from a supplier facility in Japan. The two plants will add a total of 170 jobs.

The move will make Michigan the center of Ford’s vehicle electrification, which now includes the design and manufacture of electrified components as well as total vehicle manufacturing for hybrids, plug-in hybrids and battery-electric vehicles. Ford will be adding more than 50 engineers to work as it brings these technologies in-house.

Ford plans on launching five new full-electric and hybrid vehicles in the compact, mid-size and LCV segments for North America by 2012 and in Europe by 2013. The lineup will consist of the Transit Connect Electric, which goes on sale later this year in North America. The Lincoln MKZ hybrid will arrive this fall followed by the Focus Electric in 2011. A next-generation hybrid and plug-on hybrid based on the company’s global C-car platform will debut in 2012 followed by the C-MAX electric and plug-in hybrid electric model for Europe in 2013.

Hit the jump for the press release for more details.

Press Release:

FORD TO ENGINEER, ASSEMBLE HYBRID BATTERY PACKS AND TRANSAXLES IN MICHIGAN, ADDING 220 NEW JOBS

* Ford is investing $135 million to design, engineer and produce key components for its next-generation hybrid-electric vehicles that go into production in 2012 in North America
* Ford is adding green technology jobs in Michigan as the state becomes its center of excellence for vehicle electrification, including a combined 170 jobs at the Rawsonville and Van Dyke Transmission plants, and more than 50 electric vehicle engineers
* Ford’s Rawsonville Plant will assemble battery packs for the next-generation hybrid vehicles, moving work to Michigan that is currently performed by a supplier in Mexico
* Ford’s Van Dyke Transmission Plant will produce a new electric-drive transaxle for the new hybrids, moving work to Michigan that is currently performed by a supplier in Japan
* The new hybrids are part of Ford’s plan to launch five electrified vehicles in the U.S. by 2012 and in Europe by 2013

YPSILANTI, Mich., May 24, 2010 – Ford Motor Company – moving to create a center of excellence in Michigan for vehicle electrification – today announced it is investing $135 million to design, engineer and produce key components for the company’s next-generation hybrid-electric vehicles.

Ford engineers in Dearborn will design the battery packs while engineers in Livonia will design electric-drive transaxles for the next-generation hybrids, based on Ford’s global C- and CD-car platforms, which go into production in North America in 2012.

“Electrified vehicles are a key part of our plan to offer a full lineup of green vehicles, and we are building a center of excellence in the U.S., here in Michigan, to keep Ford on the cutting edge,” said Mark Fields, Ford’s president of The Americas. “Today’s announcement is another important step in our larger strategy to launch a family of hybrids, plug-in hybrids and full electric vehicles around the world.”

Ford’s Rawsonville Plant in Ypsilanti, Mich., will assemble the battery packs beginning in 2012, moving work to Michigan that is currently performed in Mexico by a supplier. Ford’s Van Dyke Transmission Plant in Sterling Heights, Mich., will build the electric drive transaxles beginning in 2012 from a supplier facility in Japan. Ford is adding a combined 170 jobs at the Rawsonville and Van Dyke facilities to build these key components.

“I am proud of the tremendous success of the UAW and Ford in working together to keep good manufacturing jobs in the U.S.,” said Bob King, UAW vice president, National Ford Department. “We are pleased that both Rawsonville and Van Dyke Transmission have been selected to produce these important components for Ford’s next generation hybrid-electric vehicles. These new products will help the community and local economy in Michigan by creating 170 new direct jobs at Ford and hundreds of other supporting jobs in the community, while helping to reduce emissions that cause air pollution and global warming.”

Center of Excellence in Michigan
Ford’s creation of a center of excellence for vehicle electrification in Michigan now includes the design and manufacture of electrified key components as well as total vehicle manufacturing for hybrids, plug-in hybrids and battery-electric vehicles. Ford is adding more than 50 engineers to work on electrification as we bring these technologies in-house. By physically bringing research, engineering and manufacturing closer together, Ford, its suppliers, universities and related industries can drive both innovation and job growth in this evolving form of transportation.

“We’re working hard to make Michigan the center for electrified vehicle technology and production,” said Michigan Gov. Jennifer M. Granholm. “Today’s announcement by Ford represents another step forward in moving Michigan from the Rust Belt to the Green Belt by investing in green technology and creating green jobs.”

Ford’s in-house team will design and engineer the advanced lithium-ion battery systems powering its next-generation hybrid vehicles. These battery systems will be designed specifically for the company’s next-generation hybrids, including the new global CD-car platform hybrid and the new global C-car platform hybrid, which will be built at Ford’s Michigan Assembly Plant in 2012.

To support battery pack assembly at the Rawsonville Plant, Ford will invest approximately $10 million in capital equipment and add about 40 jobs. Ford’s investment also supports the necessary engineering and launch costs for the advanced battery systems.

“Southeast Michigan has the talented, skilled work force that can turn 21st Century visions into reality. I am delighted that Ford will expand its presence in our area with a new operation critical to the company’s future,” said U.S. Congressman John Dingell. These are the jobs that will revitalize our region, strengthen our environment and allow us here in Southeast Michigan to power the high-tech economy of the 21st Century. This is the kind of announcement that shows the green shoots of our economic recovery.”

Hybrid Electric Drive Transmission
Ford also will internally design and engineer an electric, front-wheel-drive, continuously variable transaxle to supply its next-generation hybrid-electric and plug-in hybrid-electric vehicles in North America. Beginning in early 2012, Ford’s Van Dyke Transmission Plant in Sterling Heights, Mich., will produce the HF35 transaxle. Current model electric-drive transaxles are provided by a supplier in Japan.

To launch the new transaxle, Ford will add engineering and production jobs in Southeast Michigan, including about 130 manufacturing jobs at its Van Dyke facility, while investing about $125 million. The investment includes a grant received from the Department of Energy to help create green technology jobs in the U.S. This investment includes manufacturing capital equipment, launch and engineering costs and supplier tooling upgrades, all required to support the production launch of the HF35 transaxle.

Ford’s Electrified Future
Ford’s global electrification strategy includes plans to launch five new full electric or hybrid vehicles in the compact, midsize and light commercial segments for the North American market by 2012 and European markets by 2013. This lineup includes:

* The Transit Connect Electric light commercial vehicle in North America later this year and in Europe in 2011
* The Focus Electric in North America in 2011 and in Europe in 2012
* A Lincoln MKZ hybrid, available this fall in North America
* A next-generation hybrid electric and plug-in hybrid electric vehicle based on Ford’s global C-car platform in North America in 2012
* A C-MAX hybrid electric and plug-in hybrid electric model for Europe in 2013

“Electrified vehicles are one part of Ford’s broader strategy to offer a wide range of environmentally friendly transportation solutions designed to improve fuel economy and lower CO2 emissions affordably for customers around the world,” said Nancy Gioia, Ford’s director of global electrification.

– By: Omar Rana

Warner Bros. is preparing to relaunch its classic cartoon characters, something they do every few years or so, with a half-hour show on Cartoon Network. Called The Looney Tunes Show, it will cast all the familiar faces as neighbors in a contemporary cul-de-sac. Bugs Bunny and Daffy Duck will be roommates, which will only add fuel to the implicitly gay fire that’s been blazing around their feet since my parents were little. Road Runner and Wile E. Coyote are also being pulled out of mothballs for some 3-D shorts, the first of which will hit movie theaters in July. What separates this project from all the other failed ones, according to Warner Bros., is the lack of forced modernization: Bugs etc. will be presented as they were during their golden era. Which is fine by me—Space Jam and Tiny Toons were the only updates to make money, and they both sucked—and Warner seems to be investing serious money and time into making this thing work. But they risk looking like a once-great company still trying to squeeze blood from old ideas, as opposed to Disney’s parallel operation of creating new characters and maintaining their classics. Plus, Warner’s theories about how to connect to modern audiences are often, uh, misguided. But as long as they don’t revisit their basketball phase, I wish them luck.

—Posted by David Kiefaber

Apple’s CEO and luminary leader Steve Jobs will kick off Apple’s annual Worldwide Developers Conference (WWDC) with a keynote on June 7 at 10:00 a.m.

And, if history is any indication, this is where the company will unveil its fourth iPhone (and for that matter, anything else new the iPhone-, iPad- and Mac-maker is cooking up). While Jobs does not typically make many public appearances, he will be in the spotlight at least one other time before June 7. Jobs along with Microsoft’s Steve Ballmer will kick off The WSJ’s 2010 D Conference by AllThingsD.

Related

• AT&T’s iPhone Exclusive Ends In 2012—Or Maybe Not

This Strategas chart shows just how badly things have gone off track:

Today’s market may seem boring, with minor moves in the major indices, but financials have being moving largely downward, and to a significant degree.

The big name big loser, Morgan Stanley down 4.28%.

Don’t miss: the 8 hedge fund managers getting killed on financial stocks >

From FinViz:

Join the conversation about this story »

by David Hanson

The Breaking Through Concrete bus on the way to Oregon.(Michael Hanson photos)

 

Breaking Through Concrete team(Michael Hanson)The Breaking Through Concrete team—David Hanson, Michael Hanson, Charles Hoxie, and Edwin Marty—is taking a 21st century road trip to document the
American urban farm movement. Driving across the country and back in a biodiesel-fueled, Internet-enabled short bus they’ve nicknamed Lewis
Lewis, they’ll visit 14 diverse projects that are, in distinct ways,
transforming our built environments and creating jobs, training
opportunities, local economies, and healthy food in our nation’s
biggest cities. Along the way, David will post stories for Grist (and for one of the team’s sponsors, WHYHunger), illustrated by
his and Michael’s stunning images—material that will ultimately be collected
into a
book—and Charles’ short video snippets.

 

A bottle of Korbel’s christened
the front right bumper of Lewis Lewis last Tuesday night in Seattle. We rolled
out Wednesday morning, picked up five pounds of farm-direct Sumatra beans from
our friends and sponsors at Caffe Vita, and hit I-5.

Flipped the switch to veggie
grease south of town and ran on the waste fry-juice for over 370 miles. It
doesn’t smell nearly as bad as they say, and Lewis Lewis ran smooth as butter.

Pulled off in Eugene, Oregon, for
a visit to Huerto de la Familia,
a community garden project for low-income Latin American families. Sarah Cantril
and the Huerto project were recently awarded one of WHY Hunger‘s 10 annual Harry Chapin
Self-Reliance awards, honoring community-based organizations for innovative and
sustainable approaches to fighting hunger and poverty.

Norma and Jesús will have a plot for the
first time this year. They used to farm in their hometown of San Pablo Tecaleo,
Mexico. They guess that they pulled 80% of their household food from the farm.
They came to America last year to find a better life. This year they hope to
grow 70% of their veggies here at the Churchill Community Garden.

We slept in Lewis Lewis outside Talent,
OR.

Look for the white short bus emblazoned Lewis Lewis, and if you see
us, come and get some coffee. We want to hear where your food comes from.

 

 

 

 

Related Links:

Boost your support for urban agriculture with a rice-growing bra

Rooftop farming and beekeeping boom in New York

Cuba’s urban-ag revival offers limited lessons

[YouTube link]

That’s right, we’re not nearly done with the Google IO cover. Here we have the LG Ally, a mid-level Android phone that’s going for $99 after rebate with Verizon. In and of itself, it’s not a bad little phone. But when you consider that you can get another horizontal slider on Verizon — what’s it called? Oh, yeah, the Motorola Droid — for next to nothing these days, it’s kind of a tough sell.

The keyboard itself wasn’t bad, but the overall experience (and we take this with a slight grain of salt given that who knows how many people used this thing before us) was a bit sluggish and, again, just not as quick as the Droid.

This is a post by Android Central. It is sponsored by the Android Central Accessories Store

Intel is ready to take on the Apple A4 CPU and will show off its solution at the upcoming Computex conference. The chip maker is apparently almost ready to unveil a silicon meant specifically for tablets. Who knows if Intel PC Client Group VP actually had the green light to reveal the upcoming announcement, but that’s exactly what he did.

CarryPad has the audio clip but the man basically stated the chip will be physically thinner than the current crop of ULV chips. Of course it’s also designed for lower power consumption and heat output, which is a must for a tablet.

The VP didn’t let anything else slip, though, so we’re going to have to wait until Computex for any more details.