plus 4, 2009 Mr. DIRTcar Big-Block Modified Championship Series Point Profiles - Who Won |
- 2009 Mr. DIRTcar Big-Block Modified Championship Series Point Profiles - Who Won
- ADP National Employment Report Shows U.S. Employment Decreased by 169 ... - Stockhouse
- Automobiles : TRUCKS - Frederick News-Post
- Whitacre must lead, impose discipline, ask good questions - Autoweek.com
- Domino Dropping Truck Gets Ready to Tumble - Wired News
| 2009 Mr. DIRTcar Big-Block Modified Championship Series Point Profiles - Who Won Posted: 02 Dec 2009 05:11 AM PST Wednesday, December 2, 2009 2009 Mr. DIRTcar Big-Block Modified Championship Series Point Profiles by Tom Skibinski WEEDSPORT, N.Y. -- All-time Super DIRTcar Series winner Brett Hearn continued to reign supreme over the Big-Block Modified world by capturing a record 7th overall Hoosier Tire-VP Racing Fuels Mr. DIRTcar Championship. The 'Corporate Jet' parked the Madsen Motorsports no. 20 Wentworth Custom Homes-Kruger-WLR/TEO mount in the winner's circle on 3 occasions to extend his all-time high series count to 103, figuring in tour bests of 13 top-5 and 17 top-10 finishes in the 20-race title run. The Sussex, N.J. speedster finished the '09 series campaign leading seven main events for 391 laps, posting 7 heat race wins and setting an Integra Shocks Fast Time en route to the $50,000 grand prize. This content has passed through fivefilters.org. |
| ADP National Employment Report Shows U.S. Employment Decreased by 169 ... - Stockhouse Posted: 02 Dec 2009 05:18 AM PST ROSELAND, NJ, Dec 02, 2009 (MARKETWIRE via COMTEX News Network) -- According to today's ADP National Employment Report(R), private sector employment decreased by 169,000 in November. The ADP National Employment Report, created by Automatic Data Processing, Inc. (ADP(R)), in partnership with Macroeconomic Advisers, LLC, is derived from actual payroll data and measures the change in total nonfarm private employment each month.
According to Joel Prakken, Chairman of Macroeconomic Advisers, LLC, "Nonfarm private employment decreased 169,000 from October to November 2009 on a seasonally adjusted basis, according to the ADP National Employment Report. November was the eighth consecutive month during which the decline in employment was less than in the previous month. Although overall economic activity is stabilizing, employment usually trails economic activity, so it is likely to decline for at least a few more months." Prakken added, "November's ADP Report estimates nonfarm private employment in the service-providing sector fell by 81,000. Employment in the goods-producing sector declined 88,000, with employment in the manufacturing sector dropping 44,000, the smallest decline since May of 2008." "Large businesses, defined as those with 500 or more workers, saw employment decline by 44,000, while medium-size businesses with between 50 and 499 workers declined 57,000. Employment among small-size businesses, defined as those with fewer than 50 workers, declined 68,000," said Prakken. Prakken went on to say, "In November, construction employment dropped 44,000. This was its thirty-fourth consecutive monthly decline, and brings the total decline in construction jobs since the peak in January 2007 to 1,721,000. Employment in the financial services sector dropped 17,000, the twenty-fourth consecutive monthly decline." The matched sample used to develop the ADP National Employment Report was derived from ADP data, which during the twelve month period through June 2009, averaged approximately 400,000 U.S. business clients and represented over 23 million U.S. employees. This approximately represents the size of the matched sample used this month. Small Business Highlights -- November Report: Due to the important contribution small businesses make to economic growth, employment data that is specific to businesses with fewer than 50 employees will be reported in the ADP Small Business Report(R) each month. The ADP Small Business Report is a subset of the ADP National Employment Report. -- Total small business employment: -68,000 -- Goods-producing sector: -36,000 small business jobs -- Service-providing sector: -32,000 small business jobs Private employment among small businesses decreased by 68,000 in November, according to the ADP Small Business Report released today. Additional information about small business employment, including charts on monthly job growth and employment levels, along with historical data, is available at http://www.smallbusinessreport.adp.com. "Employment among small-size businesses, defined as those with fewer than 50 workers, declined 68,000 in November. November's employment decline was the smallest since July of 2008. Overall economic activity is stabilizing and employment losses among small-size businesses are diminishing. Employment usually trails economic activity, so it is likely to decline for at least a few more months," said Joel Prakken. To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly e-mail alerts and RSS feeds, please visit www.ADPemploymentreport.com. The December 2009 ADP National Employment Report will be released on January 6, 2010 at 8:15 A.M. ET. About the ADP National Employment Report(R) The ADP National Employment Report, sponsored by ADP(R), was developed and is maintained by Macroeconomic Advisers, LLC. It is a measure of employment derived from an anonymous subset of roughly 500,000 U.S. business clients. During the twelve month period through June 2009, this subset averaged approximately 400,000 U.S. business clients and over 23 million U.S. employees working in all private industrial sectors. The ADP Small Business Report(R) is a monthly estimate of private nonfarm employment among companies in the United States with 1-49 employees and is a subset of the ADP National Employment Report. The data for both reports is collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the U.S. Bureau of Labor Statistics to compute employment from its monthly survey of establishments. Due to this processing, this subset is modified to make it indicative of national employment levels; therefore, the resulting employment changes computed for the ADP National Employment Report are not representative of changes in ADP's total base of U.S. business clients. For a description of the underlying data and the statistical properties of the series, please see "ADP National Employment Report: Development Methodology" at http://ADPemploymentreport.com/methodology.aspx. About ADP Automatic Data Processing, Inc. (NASDAQ: ADP), with nearly $9 billion in revenues and about 570,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging 60 years of experience, ADP offers the widest range of HR, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine and recreational vehicle dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's Web site at www.ADP.com. About Macroeconomic Advisers, LLC Macroeconomic Advisers, LLC (MA) has been the most trusted source for U.S. macroeconomic forecasts and commentary, monetary and fiscal policy analysis, and econometric modeling for 25 years. MA's clients include leading financial service firms, nonfinancial corporations, key policymaking agencies of the U.S. government, as well as State and Foreign Government agencies. Additional information on Macroeconomic Advisers, LLC is available on the company's Web site, www.MacroAdvisers.com. The ADP National Employment Report and ADP Small Business Report are registered trademarks of ADP, Inc. Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1127954 Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1127957 Media Contacts: ADP Public Relations ADP (973) 974-7612 Public_Relations@adp.com Rhena Wallace Cohn & Wolfe for ADP (212) 537-8014 Rhena.Wallace@cohnwolfe.com SOURCE: Automatic Data Processing, Inc. mailto:Public_Relations@adp.com mailto:Rhena.Wallace@cohnwolfe.com Copyright 2009 Marketwire, Inc., All rights reserved.This content has passed through fivefilters.org. |
| Automobiles : TRUCKS - Frederick News-Post Posted: 02 Dec 2009 06:16 AM PST |
| Whitacre must lead, impose discipline, ask good questions - Autoweek.com Posted: 02 Dec 2009 06:01 AM PST Five things about still another changing of the guard at General Motors: 1. Fritz Henderson did a heck of a job as the bankruptcy/reorganization CEO of GM. He dumped $90 billion in liabilities from an utterly failed financial wreck. Fritz systematically went after all GM's creditors and--with, of course, a massive assist from the Obama administration and U.S. bankruptcy code--cleaned up the company's balance sheet. He's the finance guy's finance guy. There were no mysteries for him in this radical remaking of GM's finances. During the humiliating rinse of GM, his regular press conferences kept the country informed. I think he assured people that they could buy GM products, and the company has performed pretty much in line with this terrible market. (Bankruptcy buddy Chrysler Group has grossly underperformed this terrible market.) Henderson leaves a company with a clean balance sheet, competitive costs and some fine cars and trucks. But long term, he was always doomed. Fritz Henderson is the turnaround finance guy. The company no longer has a cost problem. It has a revenue problem. It needs stronger brands, including more great vehicles, better sales and higher prices. His many achievements around the globe were pretty much on the expense side, not the revenue side. His departure surprises nobody. The timing, yes. The departure, no. 2. Ed Whitacre, now chairman and placeholder CEO, needs to be dynamically conservative in his new role. Occasionally, executives from outside the car industry have done remarkable things at car companies. Think of Alan Mulally at Ford and Sergio Marchionne at Fiat. (We'll see about Marchionne at Chrysler.) These two guys strode in and imposed solid business discipline on their huge organizations, and they drove strategy. But they didn't design cars and write ads. The auto industry really is different. Ask Steve Feinberg at Cerberus how easy it is to make a fortune with a car company. And when John Smale, late of Procter & Gamble, became an activist chairman at GM, he imposed P&G brand management on GM. The results were catastrophic. Salty-snack managers became heads of car lines. Car models were confused with brands, and brands such as Chevrolet and Oldsmobile suffered, sometimes to the death. Whitacre must lead, impose business discipline and ask good questions. But if he has delusions of adequacy about being a car guy, if he gets into the details and tries to turn GM into AT&T, the clean balance sheet could get soiled fast. 3. Henderson and Whitacre have been extolling the virtues of speed. Do things fast. Decide fast. More important is to decide right and execute. Traditionally, Toyota thrived with a painfully slow decision-making culture. But once the company arrived at consensus, the company executed fast and nearly flawlessly. GM's culture didn't fail so much because decisions were slow but because too many were off-base. It is an insular culture. GM people talk only to each other. They are most incurious about what others think and know. They don't ask questions. They too often have a tin ear about the buying public. Right now, GM people are bragging about their new culture. Yes, they're critical of the old GM and of the ways of the past. Great. But it's still all navel-gazing within GM. For the two decades I've been covering the company, starting with Roger Smith's regime, I've heard GM executives criticize the GM of the immediate past. Where has that led? Bankruptcy. It's no great trick to look at your own company and criticize the past. The trick is to be curious, explore, know the customer and come upon solutions for the future. There's no evidence that the new GM will be a leader in that. Whitacre needs to drive that kind of cultural change. 4. In his short statement at his no-questions press conference, Whitacre said GM needs to accelerate offering the best cars and trucks, "which will also mean a return to profitability" and faster payback of U.S. and Canadian taxpayers. Far more important than the speed of the payback is the foundation of the company. Hurtling toward a short-term profit is not going to make GM beloved by consumers. The balance sheet and cost structure are OK. Now get the culture right, the cars and trucks right and the marketing right. Profitability will take care of itself, and the taxpayers might even make a few bucks. 5.Nobody will accuse this GM board of being pet rocks. Peter Brown is associate publisher and editorial director of Automotive News. For more , click here. This content has passed through fivefilters.org. |
| Domino Dropping Truck Gets Ready to Tumble - Wired News Posted: 02 Dec 2009 06:51 AM PST
Domino runs are fun and all, but they're a real pain to set up. Hours or days are spent lining up the little plastic bricks, painstaking work which is all over in a few seconds, an orgasmic explosion of tumbling tiles. It is spectacular, but somehow leaves you with an empty feeling inside. What if there were a way to make setting it up as much fun as knocking it down? Unless you are on a very slow connection, you will have seen the picture above and now be way ahead of me. The Auto Domino Building Truck is a toy truck which drops dominos out of its rear end, lining them up in neat rows, ready to tumble. 200 dominoes sit in a rather long and top-heavy hopper. As the AA batteries power the lorry forward, it lays the bricks one by one, tick-tack, onto the floor behind it. You can choose a straight line (boring) or a curve by locking in the truck's steering. I like to imagine toppling the first domino when the little truck is only half-way through its job and then watching as it panics, trying to outrun the cascade as it inevitably rushes forward, one tiny falling tombstone at a time. As it says on the vehicle's side: Action domino wonderful! $25. Product page [Brando via BBG] This content has passed through fivefilters.org. |
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