EDMONTON, Alberta --There are 1,823 miles between Indianapolis and this prairie city, where streaks of summer sunlight remain until 11:30 p.m. But on Sunday, there was more than just passing interest among the IndyCar Series community with Sunday's AllState 400 at the Brickyard NASCAR race at Indianapolis Motor Speedway.
KOONTZ LAKE, Ind. -- There's a lot on the line at Sunday's AllState 400 at the Brickyard -- NASCAR's annual trip to the Indianapolis Motor Speedway. Simply put, there are three entities that cannot afford to fail -- NASCAR, Goodyear and the Indianapolis Motor Speedway itself.
Goodyear Tire & Rubber, blaming low demand for its products as car sales wane, said it would cut 5,000 jobs this year.
Rising unemployment and fewer benefits - that's just a small part of what employees can expect down the road. Here are tips on how you can hold onto your job and navigate those tough choices ahead.
September was the worst month on record for hedge fund performance, but for one legendary player what's going on in the markets now must seem like its coming straight from the gates of hell.
The bus that overturned Friday morning in northern Texas, killing 15 people, was equipped with a recapped tire on the right front in violation of safety rules, a federal investigator said Friday.
MOORESVILLE, N.C. -- A week that began with NASCAR apologizing for the embarrassing tire situation at the Brickyard, ended in similar fashion as Pocono winner Carl Edwards apologized for fighting with crew chief Bob Osborne over pit strategy in Sunday's Sprint Cup race. In other words, just another week at the races.
Not knowing what your colleagues make can hurt you. A modest proposal for closing the paycheck gap
Heading into Sunday's race in Texas, an anonymous NASCAR insider shared his thoughts with SI.com's Tom Bowles on what to look for in the Samsung 500 and some other thoughts on NASCAR nation:
BRISTOL, Tenn. -- There is a formula used to determine when Easter Sunday falls each year, but many of us aren't smart enough to figure it out without looking at the calendar.
EDMONTON, Alberta --There are 1,823 miles between Indianapolis and this prairie city, where streaks of summer sunlight remain until 11:30 p.m. But on Sunday, there was more than just passing interest among the IndyCar Series community with Sunday's AllState 400 at the Brickyard NASCAR race at Indianapolis Motor Speedway.
KOONTZ LAKE, Ind. -- There's a lot on the line at Sunday's AllState 400 at the Brickyard -- NASCAR's annual trip to the Indianapolis Motor Speedway. Simply put, there are three entities that cannot afford to fail -- NASCAR, Goodyear and the Indianapolis Motor Speedway itself.
Goodyear Tire & Rubber, blaming low demand for its products as car sales wane, said it would cut 5,000 jobs this year.
Rising unemployment and fewer benefits - that's just a small part of what employees can expect down the road. Here are tips on how you can hold onto your job and navigate those tough choices ahead.
September was the worst month on record for hedge fund performance, but for one legendary player what's going on in the markets now must seem like its coming straight from the gates of hell.
The bus that overturned Friday morning in northern Texas, killing 15 people, was equipped with a recapped tire on the right front in violation of safety rules, a federal investigator said Friday.
MOORESVILLE, N.C. -- A week that began with NASCAR apologizing for the embarrassing tire situation at the Brickyard, ended in similar fashion as Pocono winner Carl Edwards apologized for fighting with crew chief Bob Osborne over pit strategy in Sunday's Sprint Cup race. In other words, just another week at the races.
Not knowing what your colleagues make can hurt you. A modest proposal for closing the paycheck gap
Heading into Sunday's race in Texas, an anonymous NASCAR insider shared his thoughts with SI.com's Tom Bowles on what to look for in the Samsung 500 and some other thoughts on NASCAR nation:
BRISTOL, Tenn. -- There is a formula used to determine when Easter Sunday falls each year, but many of us aren't smart enough to figure it out without looking at the calendar.
This spring, SI.com senior writer John Donovan is touring the Grapefruit and Cactus leagues to cover baseball's biggest newsmakers. Today he reports from Indians camp in Winter Haven, Fla. Next stop: Jupiter, Fla.
Rivals are often the first to take notice of failures and the least likely to praise successes. Which is why securing a top spot on the World's Most Admired list is a distinction worth celebrating. It means a company's toughest critics - their peers - consider them the best representatives of the industry.
U.S. stock futures pointed toward a flat open Thursday as investors waited to hear what Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson would say during their testimony before the Senate Banking Committee, slated to start at 10:00 a.m. ET.
The most important labor talks in the history of the U.S. auto industry face a Friday deadline, but those hoping for a deal to let automakers shed about $100 billion in health-care liabilities and become more competitive with Japanese rivals may have to wait, as talks are now expected to go into overtime.
General Motors and Ford Motor are seeking to use their stock as at least part of the way to fund a multi-billion dollar union-controlled fund to pay retirees' future health care costs, according to a published report.
The survival of brands like Chevrolet, Ford and Chrysler could very well depend on whether the United Auto Workers union is willing to assume a $100 billion headache.
The Supreme Court limited workers' ability to sue for pay discrimination Tuesday, ruling against a Goodyear employee who earned thousands of dollars less than her male counterparts but waited too long to complain
Is the Indianapolis 500 in the midst of a renaissance?
Bottom-up management. That's running a business by getting to the grass roots of your organization.
Maybe the track owner, NASCAR and Goodyear got it right this time.
U.S. stocks rebounded a little bit Wednesday, following the biggest one-day selloff since 2001.
The United Autoworkers union is in discussions with General Motors, Ford Motor and Chrysler Group about possibly assuming responsibility for billions in retiree health care costs in the future, according to a published report.
How about the Dogs of the Dow theory? Wow! Stocks like Merck and especially GM are barn-burners this year after sucking wind in '05. Lesson? Companies with real businesses often come back.
Some 15,000 members of the United Steelworkers went on strike at 16 Goodyear Tire & Rubber Co. plants in the United States and Canada Thursday after the union rejected the company's latest contract proposal.
Goodyear Tire & Rubber ranks no. 327 on FORTUNE's Global 500 this year, with $19.7 billion in revenues, up 7.4% from the previous year. The Akron, Ohio-based company was ranked no. 330 on the 2005 list. Its 2005 profits were $0.2 billion, up 98.6% from a year earlier.
Goodyear Tire & Rubber said it will cut 1,500 jobs, mostly outside the U.S., as the company tries to compensate for rising raw- materials prices and declining North American volumes.
Shopping for tires has never been a pleasant experience. You wander around a cluttered, dingy garage and sift through endless piles of rubber and technical jargon to find what you hope is the right pair. Customer service rarely rises above a grunt.
Goodyear Tire & Rubber Co. said Monday it would receive about $159 million from certain insurance companies it had argued were required to pay for liability and defense costs related to an environmental cleanup.
In 2000, when Firestone recalled 6.5 million tires linked to SUV rollovers, it was easy for Goodyear to make a convert of Bob Davis and his New Hampshire Firestone dealership, Yudy's of Portsmouth....
Archaeologists say a site in South Carolina may rewrite the history of how the Americas were settled by pushing back the date of human settlement thousands of years.
Investors will watch economic data Thursday for clues about the strength of the U.S. economy, trying to judge whether the Federal Reserve will raise interest rates at a measured pace in the second half of the year.
Stocks started the day higher Monday after finishing the previous week on an upbeat note.
Bullish investors will try to keep a rally going Monday, coming off a winning week, as they await the key employment report at week's end.
Anglo-Australian resources giant BHP Billiton has clinched its biggest deal yet with China, committing to a joint venture with four Chinese steel mills that will see iron ore sales of $9 billion over the next 25 years.
The nation's largest tiremaker can't afford another blowout. After failing to capitalize on the woes of archrival Bridgestone, which recalled millions of defective Firestones in 2001, Goodyear rack...
The only people more addicted to debt than American consumers, it appears, are the executives running the country's public companies. Corporate America had more than $4 trillion in debt outstanding...
Even for seasoned denizens of the snowbelt, white stuff on the ground can mean white knuckles on the steering wheel. But while no one would dream of donning flip-flops to shovel the driveway, many ...
Every entrepreneur dreams that his brilliant idea will change the world. Throughout this issue, you've read stories of people who are accomplishing that goal today. But let's step back for a moment...
Valentine breakups are awful. Just ask the employees recently dumped by their bosses. FORTUNE 500 companies announced 64,510 job cuts in February, according to consulting firm Challenger Gray & Chr...
Up on a catwalk in a hospital-clean factory in Milan, research director Renato Caretta of Italy's Pirelli waves his hands happily as he points out features of a new robot-based production line. Wit...
They may be called stock cars, but the only "stock" parts on these handcrafted machines are the hood, roof, and trunk. The going rate for one of these babies is about $125,000. For that you get no ...
So much for the new economy," a friend said the day the Dow dived 512 points. With all due respect--and he's a smart cookie, so respect is due--my friend got it exactly wrong. First, the new econom...
Here's a quiz about tires: What brand do you have on your car? When was the last time you bought one? And finally, when was the last time you even had a flat tire?
The day that haunts the rubber industry will dawn like any other. The sun, rising the length of Asia, slowly burns away the haze from the plantations along the South China Sea that are the source o...
Management must be one of the most unnatural activities in the world. Why else would managers sustain a vast publishing and consulting industry with a huge component of blather whose main function ...
In a rare burst of unity and energy, America rallied all its human and industrial resources 25 years ago to achieve what seemed an impossible dream: landing a man on the moon. Now what's required i...
EVEN THOUGH it makes high-speed tires for BMWs, Mercedes, and Porsches, Continental should by all reckoning be stuck in the slow lane. The global tire market is plagued with overcapacity and ruinou...
EVEN THOUGH it makes high-speed tires for BMWs, Mercedes, and Porsches, Continental should by all reckoning be stuck in the slow lane. The global tire market is plagued with overcapacity and ruinou...
THE TIRE BUSINESS isn't a game of long passes and thrilling broken-field runs but of four-yard advances in clouds of gritty dust. Yet when a team is captained by an all-American like Goodyear Tire ...
Al Cohn, marketing manager for commercial systems engineering at Goodyear Tire & Rubber, really knows his tires. A 16-year company veteran who started as a tire designer, Cohn, 38, helps about 500 ...
LET US NOT use the word cheaply. Revolution, says Webster's, is ''a sudden, radical, or complete change . . . a basic reorientation.'' To anyone in the world of business, that sounds about right. W...
When a CEO gets pushed out, it's like a star expiring -- some go out with a whimper, some with a bang. Robert C. Stempel, 59, departed General Motors in incendiary fashion after weeks of speculatio...
In spite of an infusion of younger chief execs -- the youngest is Michael Dell, 27, founder of Dell Computer -- the average age of a FORTUNE Industrial 500 CEO is 57 years, 4 months, basically unch...
One day soon you may have to work radical change in an organization -- but how? Four CEOs who have turned companies upside down recently told what they've learned at the FORTUNE 500 Forum in San An...
TO BE OR not to be in stocks is decidedly not the question for many investors. Determined to earn high returns and build wealth, they stand ready to assume the greater risks of equities. The questi...
GOODYEAR TIRE & Rubber Co.'s powerful first-half earnings were a pleasant shock for Wall Street. Little more than a year ago, the largest American tiremaker looked as if it was going flat. It had i...
STAND BACK, America. Tucked away in the weak economic recovery is a spectacular surprise package: a full-rigged surge in corporate profits worthy of boom times. Later this year companies should sta...
Now you know how the CEOs of U.S. automakers feel in their war against Japanese imports. Since its 1990 debut in an Anaheim, California, arena (see photo), the 40-foot, 30-ton Robosaurus has crushe...
JACK WELCH never met Ivan W. Gorr. Welch is famous for demanding that each of General Electric's lines of business ranks No. 1 or No. 2 in market share. Cooper Tire & Rubber, of which Gorr is CEO, ...
DO THOSE cracking sounds you hear emanating from the economy herald the spring breakup of the recession's ice? Or are they misleading noises that set business up for disappointment, as happened aft...
A simple big-stock strategy that we first highlighted in January 1990 easily beat the market in 1991 -- just as it has in 13 of the past 18 years. The strategy: you should buy the 10 highest-yieldi...
A stock's fate usually rests with its industry's prospects and the economy's fortunes. Sometimes, however, everything depends on key executives. ''Top managers who make the right moves in a crucial...
HE HAD BEEN retired all of five weeks when he became chairman of Goodyear Tire & Rubber last month. Stanley Gault had already completed two stellar careers: 31 years at General Electric, where he r...
The air is out of the tire industry this year. ''Nearly everything that could go wrong has,'' says Lloyd Stoyer, editor of Modern Tire Dealer magazine, which tracks market shares. With auto product...
TERRY HAMACHER, 28 PRUDENTIAL EQUITY MANAGEMENT ASSOCIATES
IS CORPORATE AMERICA'S love affair with debt careening toward a disastrous end? Those who believe so keep raising the same insistent questions: Won't bankruptcies crater the business landscape when...
SHOCK AND DISMAY mingle with barely suppressed stirrings of glee as America's top industrialists ponder the implications of Wall Street's ever-widening scandal. A sampling of chief executives and f...
Companies threatened with takeover are trying a surprising new defense tactic: conversation. USX and Goodyear, both under seige, have shown an unusual willingness to consult the men threatening to ...
In an oak-paneled conference room, Goodyear Tire & Rubber Co.'s international executive committee is facing a crowded agenda at its weekly meeting. Topics include a project to build tires for earth...
THE TALK is scary enough to turn baby-boom executives gray before their time. Consider this, from management guru Peter Drucker: ''Most of the baby-boomers have gone as far as they will go in manag...
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