US Treasury assumes free rein on finance, auto rescues

The US Treasury Department has given itself free rein in deciding the rescues of companies in the finance and auto...

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Council staff lead drive to cut number of cars in city

More than half of all council employees are now choosing to walk, cycle or travel by public transport as the result...

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Chrysler LLC says it

Chrysler LLC's chief says the automaker has received an initial $4 billion loan from the U.S. Treasury...

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South Korea logs 2008 trade deficit, car sales plunge - Summary

Seoul - South Korea's economy showed some signs of strain Friday, as the nation's carmakers reported...

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US stocks reach two-month high after disastrous 2008

US stocks reached a two-month high Friday, the first day of trading in 2009, buoyed by news that General Motors had...

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