| Tata working on ultra-green 'air car'
A car that runs on air and releases no pollutants into the atmosphere at low speeds could be offered for sale in India as soon as this year. The three-seater fibreglass OneCAT weighs just 350kg and is expected to be priced at about £2,500. The technology under its bonnet is backed by Tata, the Indian conglomerate that sent a shockwave through the auto industry last month when it unveiled the world's cheapest car, the £1,250 Nano. Refuelling involves topping-up on compressed air, which is used to power the OneCAT's piston engine. In a couple of minutes - and at a cost of as little as £1 - the vehicle is ready to travel another 200 to 300 kilometres, its inventors say. The vehicle, which burns small amounts of conventional fuels at higher speeds, has been developed by Moteur Development International (MDI), a French-based, family-owned group that has been working on a roadworthy "air car" for the past decade.
Galen Culver Reporting
They come from the small rodeos, from all night carpools, and drive-thru breakfasts' two hundred bull riders qualified for the Challengers Tour Championship in Oklahoma City. As Galen Culver reports, every one of them is hoping to repeat what one east Texas cowboy did last year; come from nowhere to win.
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Trane Reports 2007 Record Results, Provides 2008 Outlook
PISCATAWAY, N.J., Jan. 29 /PRNewswire-FirstCall/ -- Trane Inc. (NYSE: TT) today announced fourth-quarter income from continuing operations (Trane Air Conditioning Systems and Services) of 32 cents per diluted share, down from 36 cents a year ago. Fourth-quarter 2006 results included a benefit of 10 cents related primarily to the sale of some operations in Australia and tax items. Adjusted income from continuing operations was 33 cents per diluted share, up 27 percent from 26 cents a year ago. Adjusted income excluded various costs and benefits that are detailed in the financial charts that follow this text. Sales from continuing operations were $1.82 billion, up 14.2 percent (up 11.9 percent in local currencies). Both the company's former Vehicle Control Systems (WABCO) and Bath and Kitchen segments are classified as discontinued operations.
Modine considering more plant closings
Citing "continued weakness," Modine Manufacturing Co. announced last week that it may be closing additional plants, but it offered nothing specific about the future of its Joplin operation. Modine considering more plant closings From staff reports .
Entries for February 2008
In a letter to its customers this week, the U.S. Postal Service warned about identity theft conducted via the mail. While the mail is related to only a small fraction—2 percent—of identity theft cases, John Potter, the postmaster general, says he wants to reduce that number to zero. Tips for keeping your identity safe include shredding all financial documents before tossing them, leaving your Social Security number at home, and never giving out personal information through the mail to unfamiliar companies or people. The Federal Trade Commission says that identity thefts sometimes occur when thieves fill out "change of address" forms for unsuspecting victims and then collect information from bills that arrive at the new address. If bills or credit card statements don't arrive on time, be sure to contact the companies sending them.
China wants US satellite downing data
Unlike Beijing, which gave no notice before using a missile to pulverize a disabled weather satellite in January 2007, Washington discussed its plans at length and insisted it was not a test. Subsequent requests by U.S. officials for more information were ignored and none of Beijing's recent statements mentioned China's own satellite shootdown. China's anti-satellite test was also criticized for being more dangerous. The targeted satellite was located about 500 miles above the earth and the resulting debris threatened communication satellites and other orbiting space vehicles. Foreign space experts and governments labeled China a space litterbug. Still, the distinction between the two actions may be lost for many, said Denny Roy, an expert on the Chinese military at the East-West Center in Honolulu.
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