Chrysler announced this morning it lost $3.8 billion last year while emerging from bankruptcy last year but expects to break even in 2010 due to robust sales under a restructured management apparatus.
Eleven people were missing and seven were critically injured following an explosion aboard an oil rig in the Gulf of Mexico off the Louisiana coast.
Key Senate Republicans on Tuesday began to back away from their sharp criticism of proposed new financial regulations and expressed optimism that a bipartisan deal on a bill that would drastically change the way Wall Street operates could emerge in the coming days.
Goldman Sachs Group Inc. has signaled it will fight a U.S. lawsuit over subprime mortgage instruments the same way Bank of America Corp.’s Merrill Lynch unit and UBS AG have challenged similar claims — by invoking the concept of caveat emptor: Latin for buyer beware.
Tonight music’s version of the Grammys – the Dove Awards – will take place in Nashville. The show will be hosted by two of Christian music’s most well-known performers, MercyMe frontman Bart Millard and singer-songwriter Natalie Grant.
Reality show star Kate Gosselin bid a tearful farewell to Dancing With the Stars on Tuesday.
The Super Bowl champion New Orleans Saints will play the Minnesota Vikings in a rematch of last season’s NFC Championship to open the 2010 NFL season on Sept. 9.