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Video: Bentley releases biofuel supercar
Toyota Motor Corp plans to recall more than 1.35 million Vitz and two other models globally to fix a defect in the seatbelt, the exhaust system or both, the automaker announed yesterday. In Japan, 525,898 Vitz, Belta and Ractis cars built from January 2005 to April 2008 will be recalled. A combined 830,000 units in Europe, North America and other markets will also be recalled. The Vitz subcompact is called Yaris in many markets.
Autospies.com

Oral-history project taps a rich lode: miners` lives
When the declining price of copper forced the San Manuel Mine to close in 1999 after four decades of operation, Arizona lost the largest underground mine in North America, and the people of San Manuel lost a way of life.
Arizona Daily Star

Banker warns of risk of political interference
The bail-outs of Citigroup and Bank of America could distort the market if the US lenders succumb to political pressure when making lending decisions, a senior executive at JPMorgan Chase has warned
FT.com

Swift action on jobs needed says Obama
President Barack Obama says America's sharply contracting economy underscores the need for swift action to create jobs and spur growth.
Big News Network

V V: Best American writings, 2008
Some of the best writings today originate in America, both in English and translations, and most of it isnt in the mainstream American press. They are tucked away in the upmarket but marginalized American magazines and therefore not easily accessible, at least for us. But every year since 1963 the American Society for Magazine Editors (ASME) puts together the best writings for the year, culled from a range of magazines like the New Yorker, Vanity Fair, National Geographic, The Atlantic, Harpers and some others that we havent heard of here. But they are simply the best of the best which often lead on to full-length books and bestsellers, like those on the dot.com bubble, the Iraq fiasco, the present financial crisis et al that clearly saw the future and foretold the rest.
Business Standard

Oil & Gas - Regional - Chevron Q4 Latin America oil output falls 24%
US oil major Chevron's (NYSE: CVX) net oil production in South America fell 24% fourth quarter last year to 86,000b/d compared to 113,000b/d in 4Q07.The company produced an average of 99,000b/d la...
BN Americas

U.S Reviewing `Buy America` Plan as Criticism Mounts
(CEP News) - The White House may be reconsidering a plan that would require stimulus-funded infrastructure projects to use only manufactured goods made in the United States.
simplyhired.com

Allianz of America`s Kavitsky to Retire
After 14 years of service with Allianz, Charles (Chuck) Kavitsky will retire, effective July 31, 2009. Until that time, he will continue in his current role as chairman, president and CEO of ...
Insurancejournal.com

Norbord Q4 net loss widens on lower demand, higher input prices - Update
Norbord Inc. (NBD.TO), a producer of wood-based panels, reported a wider net loss for the fourth quarter, hurt by lower demand for its core products and higher input costs, including energy and resin prices. The company has been hard-hit by the protracted downturn in the U.S. housing industry as well as a collapse in U.K. housing activity. Looking ahead, the company said it does not expect any recovery in the housing markets in North America or Europe during 2009.
RTT News

Victims of massive Internet Ponzi scheme sue Bank of America
The victims of an alleged Internet Ponzi scheme have sued Bank of America for helping the fraud occur by continuing to do business with the alleged perpetrators despite numerous signs of illegal activity.
Computerworld.com

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