Chrysler sales plunge underscores industrywide declines
Chrysler LLC posted a 53 percent drop in December U.S. sales and a 30 percent annual decline for 2008, far steeper than Toyota Honda Ford GM and Nissan. Subaru narrowly rose and Ford foresees only a muted 2009 recovery amid weak demand and incentives at GM and GMAC.
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Chrysler
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Ohio
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Honda
Edmunds.com
Subaru of America Inc
Subaru
Emily Kolinski Morris
Treasury Department
Gmac LLC
Franken certified winner in Minnesota Senate race
The Minnesota Canvassing Board certified Al Franken the winner over Norm Coleman by 225 votes in a statewide recount. Coleman has seven days to file a lawsuit, with attorney Tony Trimble promising a challenge within 24 hours that could delay final election certification.
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Minnesota
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U.S. Senate
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Coleman
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Saturday Night Live
U.S. opens largest embassy in Baghdad Green Zone
The United States inaugurated its largest embassy on a 104 acre Green Zone site in Baghdad with a 1000 worker capacity. Marines raised the flag signaling a new era in Iraqi U.S. relations though Prime Minister Maliki was away in Iran. Arson is not suspected in a separate Texas homeless shelter fire.
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Iran
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Diplomats seek truce as Gaza toll rises
Gaza's 10 day offensive kills civilians as three Samouni brothers die in an attack near Gaza City. International diplomats and European leaders push for a cease-fire while Israel vows to continue until security is achieved in southern towns. Hospitals overflow with wounded and bodies, with Gaza health officials citing over 550 dead and about 2,500 wounded. UN officials estimate 500 killed with up to 25 percent civilians.
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Obama Seeks Rapid Bipartisan Action On Economic Rescue
President-elect Barack Obama pressed congressional leaders on the worsening economy and urged a rapid, bipartisan $800 billion rescue package. He endorsed tax cuts totaling up to 300 billion dollars and over 100 billion for jobs and health care, with unemployment benefits and energy programs funded.
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Washington
Barack Obama
Obama
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