Utility Buys Town It Choked, Lock, Stock and Blue Plume. A power plant, accused of violating the Clean Air Act in Chesire, Ohio, is buying the town. By Katharine Q. Seelye. [New York Times: Science]

Wow.

5:25:07 PM    

Toyota signs agreement with BMW to supply engines for Mini - Boston Globe 05-13-2002. Toyota to supply engines for BMW's new Minis  - Nando Times
Toyota, BMW Sign Engine Agreement  - Newsday [Google Business News]

While Toyota does tend to put lower powered engines in their own vehicles than I would l like (sedans need 6 cylinders, minimum), they also build some of the most reliable engines on the road today. This should prove interesting.

11:24:12 AM    

Sears to Buy Lands' End for $1.9 Billion. Sears, Roebuck and Co. said it agreed to buy Lands' End Inc. for about $1.9 billion in a bid to revive its apparel business. By Reuters. [New York Times: Business]

Holy cow! Lands End has some great clothes, but have never had a huge retail outlet, as they have been a catalog business for years. This is a good move.

10:27:15 AM