Friday, May 25, 2007

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KU's Collins escapes Chicago's mean streets

CHICAGO | Some say Sherron Collins' neighborhood is getting safer, but a few weeks ago, on North Leavitt Street, a girl was stabbed in the temple with a scalpel.

Happened just down the sidewalk from the Chicago Boys and Girls Club, where tonight members of the Kings and Deuces linger on the porch, smoking cigarettes while rehashing the gang fight that erupted a short time ago in the gymnasium.

"You missed it by 10 minutes," says program coordinator Nick Sanchez, still somewhat out of breath from breaking up the fracas. "This one was pretty bad."

A block away, on the corner of Damen and Diversey, a middle-aged man paces back and forth, almost to a cadence, never taking more than three steps before reversing his course. He's babbling to himself and flailing his arms in unpredictable directions, a sign that he may be on crack.

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Need car insurance? Check out some ways to save money before ...

My insurance agent called me today and said my policy was up for renewal. She wanted to update my contact information and see if there were any discounts available on my policy. The call was from my agent, who happens to be in the family, and she actually cares to see me save money. However, some insurance agents might not be so kind, as your insurance premium usually impacts their commission rate. The tips she provided me might not work with every insurance company, and each discount rate varies, but knowing your options always helps. Before you actually get a car, check the insurance rate. Many people believe that insurance for giant gas guzzling SUVs are expensive and that an old Yugo would be cheaper. Some companies increase the liability based on the damage they could inflict on a car, how often they are stolen, and how much damage the car can withstand in an accident.

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Catch 22 dilemma for hybrid cars: aggressive price vs high volume

LONDON: Battery makers and suppliers of other key parts for hybrid, energy-saving vehicles have one overriding question: when will the market be big enough to justify their costs?
A hybrid vehicle, which combines an internal combustion engine and an electric motor powered by batteries that can recapture energy normally lost, costs $4,500 to $6,000 more to build than a conventional vehicle, a recent report by the Sanford C Bernstein investment management firm said.
The upfront cost and load capacity are the main challenges for hybrids due to the expensive electrical motor and battery.
"It is a chicken-and-egg problem – the car makers say to us we want an aggressive price from the beginning and we say to them we can give them an aggressive price when we have the volume," Franck Cecchi, chief operation officer of battery maker Johnson Controls-Saft, said.