Amid soaring oil prices and a craze for gas-guzzling vehicles, the top three US automakers unveiled new fuel-efficient cars that produce lower climate-altering pollutants. The models are the fruit of the seven-year-old Partnership for a New Generation of Vehicles (PNGV) funded by a $130 million annual federal government grant and nearly a billion dollars a year from the automakers. The Big Three (DaimlerChrysler Corp., Ford Motor Co. and General Motors Corp.) introduced the three family sedan prototypes that run on hybrid diesel/electric engines and can get up to 80 miles (130 kilometers) per gallon (3.8 liters).
A federal judge's ruling that Microsoft violated US antitrust law was greeted with both cheers and jeers, but also left a great deal of apprehension about the future of the software business. "Now we have a good idea of what it would be like to have the government run the computer industry," said Jonathan Zuck, president of the Association for Competitive Technology, which represents computer software and hardware companies. "Not surprisingly, the conclusions made by Judge (Thomas Penfield) Jackson reveal a fundamental lack of understanding of the IT industry."