December 15, 2008

As sales continue to plummet, the Big Three automakers are scrutinizing every budget line for potential savings to save cash.

The loan giant said it would sign new leases with renters in foreclosed properties, aiding those who face eviction.

Newspapers, smacked around for lacking relevance the last few years, have found a compelling spokesman: Rod R. Blagojevich, the governor of Illinois.

Many investors are fleeing hedge funds and using the cash to cover losses on their other investments, leaving money managers struggling to cope with the rush.

At the exclusive Palm Beach Country Club, trust extended to a fellow member turns to angst after the collapse of Bernard L. Madoff’s suspected $50 billion Ponzi scheme.