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Detroit’s big three secure $17 billion rescue package
AMERICA’s beleaguered carmakers were given a breathing space this weekend after lawmakers signalled they would approve an interim $17 billion (£11.6 billion) loan package. Final confi...
Big News Network

Houston`s KBR wins Angolan oil refinery deal
Company and government officials say America's KBR has won an engineering and management contract for a $6.4 billion Angolan oil refinery. In a statement Saturday, Angola's state-owned oil and gas company SONANGOL said the agreement would make the refinery at...
San Francisco Chronicle

Indalex reportedly cutting 50 jobs at Mountain Top location - Citizen's Voice
The sagging economy is being blamed for the layoff of 50 employees of a Luzerne County manufacturing facility. Indalex America Inc. will lay off 50 of its 260 employees at its Mountain Top production plant, according to televised reports Friday. A ...
Feed Digest

Virgin America drops plan to fly to Chicago
Virgin America Inc. is scrapping plans to fly to the Windy City but will expand service to another city in 2009.
Bizjournals.com

Talks stall on rescue deal for General Motors, Ford and Chrysler
Bailout negotiations for America's biggest car manufacturers were locked in stalemate yesterday as politicians in Washington bickered over the form that any rescue of General Motors, Ford and Chrysler might take.
Times Online

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