Good Day, Bad Day
The next small thing, liquid assets
GOOD DAY FOR: The next small thing, after Indian automaker Bajaj, France’s Renault, and Japan’s Nissan announced plans to jointly make a small car, starting at $2,500, for the Indian market. The car, code-named ULC, will go head to head with Tata Motors’ $2,500 Nano model. “Bajaj is getting into this because there is a huge market opportunity here,” said analyst Ashutosh Goel at Edelweiss Capital. (Bloomberg)
BAD DAY FOR: Liquid assets, after the storied Credit Municipal of Paris, the city-owned pawnshop dating back to 1777, started accepting bottles of wine. The Credit Municipal, commonly known as “auntie,” accepts objects worth between about $93 and $3 million. (Los Angeles Times, free registration)
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
California mulls pulling health care from eligible undocumented migrants
IN THE SPOTLIGHT After pushing for universal health care for all Californians regardless of their immigration status, Gov. Gavin Newsom's latest budget proposal backs away from a key campaign promise
-
Is Apple breaking up with Google?
Today's Big Question Google is the default search engine in the Safari browser. The emergence of artificial intelligence could change that.
-
Music reviews: Eric Church, Blondshell, and Model/Actriz
Feature "Evangeline vs. the Machine," "If You Asked for a Picture," and "Pirouette"