Good Day, Bad Day
Second marriages, outsourcing
GOOD DAY FOR: Second marriages, after Chrysler and Japan’s Nissan announced a deal in which Nissan will make a fuel-efficient compact for Chrysler and Chrysler will make full-size pickups for Nissan. Analysts said the deal could signal closer ties ahead. “That potential marriage, if they are indeed dating, makes a lot more sense than Daimler and Chrysler did,” says Argus Research analyst Kevin Tynan. (USA Today)
BAD DAY FOR: Outsourcing, as the IRS will probably lose more than $37 million by hiring private debt collectors to go after $1 billion in unpaid taxes. For fiscal 2006, the three private companies hired by the IRS collected only $49 million, half the cost the IRS bore to set up the program. Defenders of the program say the taxes would otherwise go uncollected. (The Washington Post, 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.