You can put the rumors to rest: Months after Motor City went mad over the idea of GM buying out the Chrysler Group, the private equity firm from DaimlerChrysler for a pretty penny ($7.4 billion, to be exact). The gargantuan deal creates the first privately-owned arm of the Big Three, but top union officials have publicly expressed relief with the buyout, after pension and healthcare concerns had begun to tear apart the nine-year-old DaimlerChrysler merger. With a less-than-sunny mood hovering over Detroit these days, this paradigm shift is sure to shake the waters; check back later for the lowdown from PM's West Coast automotive editor, Ben Stewart. [UPDATE: Top 10 Signs the 'New Chrysler' Is Here to Stay
As many as 4,000 U.S. troops today, as the military adapts to an ever-changing insurgency with new technology and old-fashioned combat skills. Meanwhile, the Defense Department—not immune to some necessary adaptation of its own at the high levels—will begin (where has just started). The federal government is also today from Internet providers and some universities in the expanding frontier of computer forensics.
While emergency management officials are learning plenty of lessons on how to avoid looming disasters from , a real-life .