- No mas: Principal bans Spanish language in intercom announcement
- Hacking software could put ‘zombie drone army’ in user’s hands
- Support for stricter gun laws drops: poll
- 10 whales dead, 41 others stranded in Everglades
- John Boehner faces bipartisan pressure to allow gay-rights vote
- Martin Bashir resigns from MSNBC over ‘ill-judged’ comments about Sarah Palin
- Rep. Duncan Hunter: While Obama prays for Iranian change, U.S. should ready its nukes
- Best company ever? Veteran Beer Co. exists to employ vets, provide quality beer
- Iran official: Sanctions ‘utterly failed’ to stop nuclear program
- ‘Black Santa’ display at IU sparks student outrage
Economy Briefs: GM gets new credit lines totaling $11B
DETROIT — General Motors says it has received $11 billion in credit lines from 35 financial institutions in 14 countries, boosting its available cash and credit to more than $42 billion.
The company wouldn’t say specifically what it plans to do with the money, only that it’s a source of “backup liquidity” that may be used for “strategic initiatives.”
Analysts said it could be hoarding the cash to help pay for restructuring in its troubled European operations, buying an auto finance arm in Europe from Ally Financial, or further funding its pension plans. GM also could buy back stock, specifically from the U.S. government. The U.S. Treasury Department owns 26.5 percent of the company, which it got in exchange for a $49.5 billion bailout about four years ago.
NEW YORK — Apple says it sold 3 million iPads of all kinds in the first three days it sold the new Mini model.
Apple started selling the Mini on Friday, starting at $329. It’s a third smaller than the full-size iPad.
BEIJING — China has filed a World Trade Organization case challenging subsidies provided by some European Union members to promote the solar-panel industry, adding to a flurry of trade disputes Beijing is locked in with Europe and the United States.
The statement did not specify which countries are being targeted in the WTO case, but the official Xinhua News Agency cited a Commerce Ministry official as saying Italy and Greece provide such subsidies for projects using EU-produced solar equipment.
Netflix moves to block possible hostile takeover
NEW YORK — Netflix is moving to protect itself against hostile takeovers less than a week after activist investor Carl Icahn disclosed he has accumulated a stake of nearly 10 percent in the online video company.
- Hola: Boehner prepares to push amnesty bill through House
- Apple wins facial recognition patent for iPhone 6
- Inside China: Nuclear submarines capable of widespread attack on U.S.
- Puerto Rico caravan honoring Paul Walker ends in 6 drunken-driving arrests, 72 speeding tickets
- Kill team: Obama war chiefs widen drone death zones
- Xbox One, Playstation 4 games penalize users for cursing in their own homes
- MILLER: Obamas EPA closing smelter will not affect ammunition supply
- Pentagon may give recruits 'a shot to start over' after shameful social media posts
- Tipsforjesus mystery diner leaves huge tips across America
- U.S. drops 2,000 mice on Guam by parachute to kill snakes
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Playing Through covers the world of PGA golf, as well as tips your the average golfer to play better.
The only thing broken about our immigration policy has been our collective cowardice as a nation to enforce our current immigration laws
Al Maurer provides a common sense, conservatarian, Constitutional conservative perspective from the battleground state of Colorado
Criticism may not be agreeable, but it is necessary. It fulfills the same function as pain in the human body. It calls attention to an unhealthy state of things.