MICHIGAN

General Motors Co is on track to sell shares in an initial public offering as soon as 2010, before Chrysler , the the Obama administration's autos task force said on Wednesday.

President Barack Obama announced at a Navistar International Corporation factory in Elkhart, Indiana, on Wednesday, a $2.4 billion investment from the Department of Energy, for advanced battery technology for hybrid and electric-drive vehicles, the single largest investment ever made for this purpose, according to the department.

The Obama administration envisions the grants will build momentum for developing plants for making advanced batteries and drive systems, creating

The punishing four-year decline in U.S. auto sales may have reached a turning point this week -- just as Michael Papa handed over the keys to his 1996 Ford Explorer for a government-sponsored trade-in.

The question is whether jobs can be found for retrained workers in the state with America's highest unemployment rate.

The punishing four-year decline in U.S. auto sales may have reached a turning point this week -- just as Michael Papa handed over the keys to his 1996 Ford Explorer for a government-sponsored trade-in.

After more than a century of making cars, the U.S. state of Michigan is retraining thousands of unemployed workers for new careers now that many of their jobs may be gone for good.

Long after President Barack Obama's first term ends in 2013, millions of U.S. families will still be paying the price for the recession.

The punishing four-year decline in U.S. auto sales may have reached a turning point this week -- just as Michael Papa handed over the keys to his 1996 Ford Explorer for a government-sponsored trade-in.

Amazon.com ate my homework.That's a legitimate excuse for one high-school student whose notes for a homework assignment vanished when the online retailer remotely deleted digital copies of George Orwell's 1984, off consumers' Kindle devices.

Amazon faces a lawsuit filed by a high school student after his homework was remotely deleted on its kindle2 E-book without his consent according to the AFP reports Friday.

Americans flocked to auto dealerships this month to take advantage of government rebates for gas-guzzling

The House of Representatives has quickly voted to allocate an additional $2 billion for the in demand ‘Cash for Clunkers' car rebate program just ahead of its summer recess.

The U.S. House of Representatives approved on Friday a $2 billion extension of the Cash-for-Clunkers automobile sales incentive program.

Legislation that would add $2 billion to a cash-for-clunkers program aimed at spurring U.S. automobile sales could move quickly through the U.S. Congress, Michigan Senator Debbie Stabenow said on Friday.

A delegation of lawmakers from Michigan, home of the U.S. auto industry is seeking to keep alive the 'cash-for-clunkers' subsidy program for the auto industry after high demand.

The recovery of the weak U.S. economy is expected to take place gradually and officials should be prepared to inject more monetary and fiscal stimulus should the rebound falter, the International Monetary Fund said in a statement on Friday. Additional fiscal stimulus could also be used, although the immediate focus should be on implementing the current fiscal measures and monitoring their impact.

Legislation that would add $2 billion to a cash-for-clunkers program aimed at spurring U.S. automobile sales could move quickly through the U.S. Congress, Michigan Senator Debbie Stabenow said on Friday.

A U.S. judge ruled on Thursday that auto parts maker Delphi Corp (DPHIQ.PK) can sell itself to a group of lenders, paving the way for the company to end its near four-year trip through bankruptcy court.

Hope and jobs are in short supply in Ohio eight months after President Barack Obama won the recession-battered state in the 2008 election with promises of a better future.

The deeper the recession, the more consumers stay home, hunkered down in domestic cocoons. And accordingly, their desire for convenient meals that simulate an away-from-home dining experience on the cheap is picking up.