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Chrysler Faces July Cash Crunch Even With More Aid

Posted: 03/14/2009 - Even if Chrysler LLC gets additional government loans, it could face another cash shortage in July when revenue dries up as the company shuts down its factories for two weeks to change from one model year to the next, its chief financial officer said.

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A 'Sorry and Ashamed' Bernard Madoff Pleads Guilty

Posted: 03/12/2009 - Careful to blame only himself, a "deeply sorry and ashamed" Bernard Madoff pleaded guilty Thursday to pulling off what could be the biggest, most spectacular swindle Wall Street has even seen, and was sent off to jail in handcuffs to the applause of his furious victims.

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Madoff Arrives in Court for Plea in Fraud Case

Posted: 03/12/2009 - Bernard Madoff arrived at the federal courthouse Thursday morning where the disgraced financier is expected to deliver on his lawyer's prediction that he will plead guilty to all 11 felony charges brought by prosecutors.

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Alabama Town Stunned by Gunman's Terrifying Ride

Posted: 03/12/2009 - Many residents of this quiet, close-knit farming community could hear the rapid crackling of gunfire that killed nine of their neighbors. Others got frantic phone calls from friends or relatives.

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Fugitive Kills Wife, Self in Flagstaff Hotel

Posted: 03/11/2009 - Police say a California fugitive wanted on child molestation charges killed his wife and turned the gun on himself in Flagstaff after spotting officers preparing to arrest him.

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Obama to Sign Spending Bill, Push for New Rules

Posted: 03/11/2009 - President Barack Obama plans to sign a massive spending bill to keep the federal government running, even though it is stashed with the very kinds of pet projects that the campaigning Obama promised to resist.

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Congress Approves Massive Spending Bill

Posted: 03/10/2009 - Congress is sending President Barack Obama a massive bill funding domestic programs and awarding lawmakers their cherished pet projects after more than a week of partisan debate.

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Citi's Good News Leads Market to Best Day of '09

Posted: 03/10/2009 - Wall Street snapped out of its stupor and posted its best performance of the year Tuesday, finding a badly needed glimmer of optimism in the most unlikely of places: Citigroup is actually managing to turn a profit.

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Autos Task Force Sees Chrysler, GM Electric Cars

Posted: 03/09/2009 - Four members of President Barack Obama's autos task force spent much of their Monday driving General Motors Corp. electric vehicles and touring a Chrysler LLC pickup truck factory.

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After 2 Years, No Word On American Missing In Iran

Posted: 03/09/2009 - A Senate resolution on Monday urged the president and U.S. allies to push the Iranian government for information on an ex-FBI agent who disappeared two years ago in Iran while investigating cigarette smuggling for a client of his private security firm.

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IL Gov. Aide, Cubs Deal Pro Talk `Opportunities'

Posted: 03/09/2009 - A sports consultant helping Tribune Co. with a potential Wrigley Field sale said in an e-mail to former Gov. Rod Blagojevich's top aide that the results of the presidential election had put "the opportunities we discussed" in front of Blagojevich, The Associated Press has learned.

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Obama Overturns Bush Policy on Stem Cells

Updated: 03/09/2009 - Reversing Bush policy, President Barack Obama on Monday cleared the way for a significant increase in federal dollars for embryonic stem cell research and promised no scientific data will be "distorted or concealed to serve a political agenda."

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Newspaper publisher McClatchy cutting 1,600 jobs

Updated: 03/09/2009 - Newspaper publisher McClatchy Co. said Monday that it will shrink its work force by another 15 percent as it contends with sharply declining revenue amid a deepening recession.

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Court refuses to hear Texas A&M bonfire case

Updated: 03/09/2009 - The Supreme Court has refused to consider whether the mother of a Texas A&M student injured in a deadly bonfire collapse nearly a decade ago can sue because of the damage to her relationship to her son.

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