| How Tata has built a car that costs less than a motorbike
Tata has launched the Nano as a family car for four or five people, but the company concedes that the Nano is no limousine, with its dimensions of 3.1 m long by 1.5 m wide and 1.6 m high. Once again, though, the compact dimensions help to keep costs down, as the smaller the vehicle is, the fewer materials are required for its construction. A small, lightweight car can also be fitted with a smaller, lighter engine. In the Nano's case, the 624.6 cc, 33 PS, 48 Nm twin-cylinder aluminium engine is mounted transversely under the rear seats, ahead of the rear axle line and mated directly with the four-speed transaxle. No common components Because the Nano was being designed to be such a low-budget car, all components had to be designed from scratch, with nothing carried over from Tata's other vehicles.
Iran guided tour, 13 nights, $1,600
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ABC Names Todd S. Mann Chief Operating Officer
WASHINGTON, Feb. 19 /PRNewswire-USNewswire/ -- Associated Builders and Contractors (ABC) today announced that Todd S. Mann has joined the association as its chief operating officer. Mann, a certified association executive, will have full oversight responsibility for ABC's financial, administrative and program activities. In addition, he will oversee its operational divisions and serve as the chief internal advocate for ABC national and chapter staff. "Mann offers proven leadership skills along with an impressive track record in association and private industry management," said Kirk Pickerel, ABC president and CEO. "We are very excited to have Todd in this key position as ABC continues to lead the merit shop construction industry." Before joining ABC, Mann served as senior vice president of business development for the National Restaurant Association in Washington, D.C., where he was responsible for increasing revenue, directing membership, business partnerships and sponsorship fundraising.
Miley Cyrus: 'I'm lonely'
The 15-year-old Hannah Montana star claims she is lonely, because father Billy Ray and mother Tish have banned her from spending time with many of her friends. She says, "Some people think you have more privileges than other teenagers because of what you do. And that's not it at all. It's actually the opposite." "They're protective for sure. My mom is more strict than my dad." "You want to keep your closed circle of friends. And sometimes my mom is saying, 'I have a bad vibe about this person. She needs to hang out with you when I'm around just to keep you safe.' "I need more friends. Its kind of like my quest right now just to have more true friends." Copyright World Entertainment News Network .
Antigenics Reports Fourth Quarter and Year-End 2007 Financial Results
For the three months ended December 31, 2007, the company incurred a net loss attributable to common stockholders of $7.7 million, or $0.16 per share, basic and diluted, compared with a net loss attributable to common stockholders of $11.7 million, or $0.26 per share, basic and diluted, for the same period in 2006. For the year ended December 31, 2007, Antigenics incurred a net loss attributable to common stockholders of $37.6 million, or $0.81 per share, basic and diluted, compared with a net loss attributable to common stockholders of $52.7 million, or $1.15 per share, basic and diluted, for the same period in 2006. The company's net cash burn (cash used in operating activities plus capital expenditures, debt repayments and dividend payments) for the year ended December 31, 2007 was $27.5 million, which represented a reduction of approximately 45% from the net cash burn of $50.1 million for the year ended December 31, 2006.
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