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Vienna poised to take control of Bank Medici
The Austrian government is preparing to take management control of Bank Medici after it revealed clients had lost money in funds it ran which invested with disgraced New York financier Bernard Madoff
FT.com

LyondellBasell considers bankruptcy: WSJ
NEW YORK (Reuters) - LyondellBasell Industries AF SCA has told lenders it is considering filing for bankruptcy protection, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Telegraph

Stocks rise on news of federal aid to GMAC - St. Louis Post-Dispatch
New York - Stocks climbed the most in two weeks on Tuesday after the government widened its efforts to keep General Motors Corp. out of bankruptcy by shoring up its finance arm. GM rallied 5.6 percent as the Treasury committed $6 billion to support ...
Feed Digest

After New York Success, Niche Insurer Tries To Conquer New Worlds (Investor`s Business Daily)
Tower Group built its business by selling property and casualty insurance to individuals and small and midsize businesses in New York City and the...
yahoo.com

UPDATE 1-McClatchy gives Miami land buyer six more months
NEW YORK, Dec 30 (Reuters) - Miami Herald publisherMcClatchy Co has given Citisquare Group LLC six moremonths to buy 10 acres of land that it had agreed to acquirefrom the U.S. newspaper publisher so it can arrange financingduring the protracted world financial crisis.
Reuters

US stocks rally as GMAC gets financing
New York, Dec 31 (Xinhua) Wall Street staged a big leap Tuesday after the US government announced a $6 billion bailout-package for General Motors' financing arm GMAC.
bignewsnetwork.com

More companies forcing unpaid vacations
NEW YORK - Here's the vacation no one wants, courtesy of the recession: forced time off without pay.
Telegraph

Wall St gains as latest auto bailout raises hopes
NEW YORK (Reuters) - Stocks climbed on Tuesday after the government expanded its bailout of the auto industry, bolstering hopes lawmakers would continue to take steps to minimize the severity of the year-long recession.
Telegraph

Consumer confidence and home prices hit grim records
NEW YORK (Reuters) - The U.S. economy extended its run of record-breaking dismal data on Tuesday, with consumer confidence and home prices registering a pair of grim milestones.
Reuters

2010 Ford Fusion Hybrid
The 2010 Ford Fusion Hybrid includes some significant advances in mass production hybrid automotive technology. Although details released by Ford are technically incomplete many of the features announced to date point to the Fusion being the first to market with a second-generation parallel hybrid...Tags: Automotive, Battery Electric Vehicles, Ford, Hybrid, PriusRelated Articles: Porsche Plans Cayenne with Hybrid Engine World's first hybrid refuse truck launched in Sweden Ford testing 120mpg plug-in hybrid Escape New York to expand diesel-electric hybrid bus fleet Hydrogen powered Ford Fusion 999 tops 207 miles per hour Paris debut for Kia Soul Hybrid concept
Gizmag

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