GOOD DAY FOR: Safe investments, as Ford announced that it will try to fix Volvo—its safety-conscious, money-losing Swedish subsidiary—rather than sell it. “The best way Ford could support them is to give them the budget and the autonomy to let the folks at Volvo be Volvo,” said Ron Pinelli of Autodata. (The New York Times, free registration required)
BAD DAY FOR: Media endorsements, after homebuilder Toll Brothers CEO Robert Toll blamed the housing slump on bad press coverage. Toll said that of the record 39 percent of homebuyers who backed out of their orders last quarter, 17 percent “just wanted to walk.” He added, “Translation, they’ve read one too many Times articles, and decided now is not the time to buy a home.” (The New York Times, free registration required)
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.
-
Helsinki's year of zero road fatalitiesUnder the Radar Finland's 'Vision Zero' safety strategy 'shifts responsibility for crashes from road users to the designers of the road system'
-
Critics' choice: Outstanding new Japanese restaurantsFeature An all-women sushi team, a 15-seat listening bar, and more
-
Why do Dana White and Donald Trump keep pushing for a White House UFC match?TODAY'S BIG QUESTION The president and the sports mogul each have their own reasons for wanting a White House spectacle
