Did you notice that gas was down to $3.67 ($3.65 if you have one of those fancy tracking devices from Dillons) this morning? I think it’s time for a road trip.
And here are your links for today:
- Speaking of gas, GM is closing four truck/SUV plants in North America and might discontinue the Hummer. What will the world do without the Hummer?
- FedEx will change the name of its FedEx Kinko’s stores to FedEx Office. I’m not sure how I feel about this. Some of the
bestdays of my college years spent at Kinko’s. - The Los Angeles Times tells the sad tale of Merced, Calif., which has one of California’s highest foreclosure rates. One business in the story says its sales are down 30 percent from two years ago.
- The former chief of Airbus parent EADS, Noel Forgeard, has said one of his German colleagues was appointed mainly to spy on him.
If you have something you think Coffee Break readers would enjoy, send me the link at dloving@wichitaeagle.com.
One Comment
California real estate is cratering fast, and the majority of those “exotic” mortgages haven’t even reset yet. We sold a house in So Cal in February 2003, and it subsequently increased another 50% in value over the next three years. According to zillow.com, it’s now worth about 10% more than what we sold it for.