Toyota continues to build volume for it’s supplier network by discussing a deal for hybrid auto technology with GM. Ford did the same with it’s Escape small SUV Hybrid. Generally bad news for domestic parts suppliers.
This looks interesting: Product Development for the Lean Enterprise: Why Toyota’s System Is Four Times More Productive and How You Can Implement It by Michael N. Kennedy
Daily Archives: May 9, 2005
WW2 Landmarks: VR panoramic scenes
Mickael Therer announced an impressive collection of Quicktime VR WWII European landmark scenes. Beautiful work.
Feingold’s Big Business Tax Cut
Russ Feingold voted for this giveaway (I’d like a 5.25% tax rate, please). Alex Berenson looks at one of the windfalls: Large drug companies:
A new tax break for corporations is allowing the biggest American drug makers to return as much as $75 billion in profits from international havens to the United States while paying a fraction of the normal tax rate.
The break is part of the American Jobs Creation Act, signed into law by President Bush in October, which allows companies a one-year window to return foreign profits to the United States at a 5.25 percent tax rate, compared with the standard 35 percent rate.
…….
Though the companies stand behind their accounting, financial analysts and tax lawyers say that the drug makers’ claim defies reality and that their profits come mostly from sales in the United States.