Today's Number: 50,000 — Minimum number of vehicles to be produced annually by Nissan Motor Co. and Dongfeng Automobile Co., China's second-largest government-owned automaker, in a joint venture.

Today's Career Talk

        Budding free agents, those who are still in school, need to get away from the classroom, says Daniel H. Pink, author of Free Agent Nation: The Future of Working for Yourself because American schools are awash in irrelevance. “Free agency will accelerate and deepen three incipient movements in teaching and learning: the surging popularity of home schooling, the emerging alternatives to traditional high schools and inventive new approaches to adult learning,” he said. “These changes will prove as pathbreaking as mass public school was a century ago. Together they will unschool American society.”
       — John Eckberg

Today's Money Tip

        Coverdell Education Savings Account is the new name for the savings vehicle that used to be called Education IRAs. Along with the nomenclature, the features of the account changed too. You can now contribute $2,000 a year instead of just $500. And now you can use the accounts to save for K-12 expenses too.
       — Amy Higgins

Today's Company

        THE RUG GALLERY

        THE FUN NEVER STOPS: In 1972 Sam and Arlene Presnell opened a small storefront in Clifton selling what he describes as “hippie-type merchandise:” rugs, bean bag chairs, pillows and anything that could be made from rugs. The entrepreneurs figured their venture would be something fun to do for a while. Six years later the shop expanded and moved slightly upscale to Montgomery. In 1993 it expanded again and relocated to Blue Ash.

        COVERING THE BURBS: The Rug Gallery has taken advantage of growth in the northern suburbs by offering its specialty rugs in the new West Chester JP Flooring store.

        INDUSTRY HONORS: The business was the first recipient of the Specialty Rug Retailer of the Year award from the Oriental Rug Retailers of America and is now a two-time winner of that honor. Mr. Presnell has also been named Most Knowledgeable Buyer in the specialty category by industry journal Rug News.
       — Jenny Callison

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