GOOD DAY FOR: The passing lane, as Toyota officially dethroned GM as the world’s top automaker, after 78 years of GM having pole position. Toyota sold 8,972,000 vehicles in 2008, 616,000 more than GM. GM blamed its demotion on weak demand in Europe and the U.S., where its sales dropped 6.5 percent and 21 percent, respectively. (AP in Google News)
BAD DAY FOR: Cracked Windows, after Microsoft announced 5,000 job cuts, or about 5 percent of its workforce, in the software giant’s first-ever companywide layoffs. Microsoft said demand for its Windows operation system had fallen more than expected, as sales flattened for all but the cheapest of PCs. Demand was strongest for “netbooks,” sub-$500 machines that run the cheaper Windows XP or Linux. (Bloomberg)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- 43 TV shows to watch in 2014
- Beware of Splenda: The backlash against artificial sugars
- 10 things you need to know today: October 30, 2014
- 6 things the happiest families all have in common
- For Democrats, the right lesson from 2014 is to be more liberal
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- Sorry, we will not all be having sex with robots in the future
- How to live a long life, according to science
- Yes, the Federal Reserve is politicized — and that's a good thing
- Is Amazon a monopoly?
Subscribe to the Week