Today is the final day for seven-hundred and eighty-nine
Chrysler dealerships to try to persuade the court to stop Chrysler from ending their franchises with the company. If the court rejects the argument, then this will be the end of the road. The surviving dealerships are consolidating, and will be larger as a result. The dis-enfranchised dealers will still be able to sell used cars, repair cars and sell other brands, but many will file for bankruptcy or close their doors.

The Boston Globe announced it will make a 25% cut in employees salaries, in view of a rejection by their largest union to accept a ten-million dollar reduction in employee salaries and benefits.

President Obama is implementing a "paygo" system related to the budget, if there is a spending increase, there must be an offsetting reduction in expense. If the lawmakers do not make an offsetting cut, there will an automatic adjustment in the budget, according to the plan. Reportedly former resident Clinton imposed such a plan while in office.

President Obama is speeding up the payouts of stimulus funds for "shovel-ready" projects. He wants to have six-hundred thousand jobs created or saved during the summer.

The Washington Post is calling for Senator Roland Burris of Illinois to resign.

President Obama is reportedly the eighth president who plays golf, by all estimates, he shoots in the mid-nineties. Call Tiger. He is ranked eighth in the line-up.

Fiat reportedly will keep its commitment to purchase a large stake in Chrysler, despite the court's decision to delay the sale.

Former CEO of AT&T, Edward Whitacre, reportedly set to become the new chairman of General Motors.

Ten big banks reportedly, have been given approval to return sixty-eight billion dollars in bail-out money to the government.

Apple's new I-phone, 3G S, will be available on June 19.
The phone has video camera and voice control capabilities.

A Los Angeles police department detective has bee charged in a cold case murder. The woman is accused of killing her ex-boyfriend's wife in 1986.

The man who threatened to shot and kill Barack Obama, while he was running for office was sentenced to one year and one day in prison.

More reports that North Korea will be testing a long range missile, capable of reaching the United States, probably around July 4th. Defense Secretary Gates has said the country has the capability of destroying any missile set to hit the United States. Stay tuned.

All Air France planes have now been equipped with two new generator speed sensors.

Major travel websites are dropping fees, offering discounts to entice travelers.

There was a large blast reported today in Pakistan.

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