Like so many things in Detroit, Ford’s Volvo sale may be all about the retiree health benefits

The WSJ has a very interesting article today explaining that Ford’s main motive for thinking about selling off Volvo is the need to raise money to pay for a deal with the UAW: General Motors Corp. and Ford Motor Co. have moved in recent months to pare assets and build up cash as they seek [...]

In the absence of much business news worth commenting upon …

… I offer this scene of New York City in summer, from the Bohemian Hall & Beer Garden in Astoria, Sunday: