Ford said on Thursday that it lost $14.6 billion last year and $5.9 billion in the fourth quarter, but it reiterated that it does not need federal aid.
AP - In a long-shot attempt to save his job, Illinois Gov. Rod Blagojevich insisted Thursday that he had done nothing wrong and should not be removed from office over unproven criminal charges and complaints about his management decisions.
AP - The number of people receiving unemployment benefits has reached an all-time record, the government said Thursday, and more layoffs are spreading throughout the economy.
AP - Ford Motor Co. said Thursday it lost $5.9 billion in the fourth quarter and burned through $5.5 billion in cash, pushing the automaker to the worst annual loss in its 105-year history as sales slumped worldwide.
Illinois Gov. Rod Blagojevich appeared before state senators today for the first time during his impeachment trial, saying he has done nothing wrong. "How can you throw a governor out of office who is clamoring and begging and pleading with you to give him a chance to bring witnesses in, to prove his innocence?" Blagojevich asked lawmakers.
At age 23 and just out of college, Eliot Kohan was diagnosed with leukemia. He was told he had four months to live. He survived. But he and his wife were left with thousands of dollars in medical bills. Their struggles taught them an important lesson in saving money. Now, learning to live frugally is paying off in today's economy.