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Ford says CEO will work for $1 to get loans- Ford Motor Co. will tell Congress that it plans to return to a pretax profit or break even in 2011 when the Detroit Three automakers' CEOs appear before lawmakers this week to request $25 billion in government loans.
- Wall Street rebounded Tuesday, regaining some of the ground lost in the previous session's huge drop, as the potential for a bailout of the beleaguered auto industry helped calm investors. The Dow Jones industrials rose about 250 points, regaining more than a third of Monday's nearly 680-point plunge.
Ford Nov. sales drop 31 pct., Toyota falls 34 pct.- Ford's U.S. light vehicle sales tumbled 31 percent in November, while Toyota's dropped 34 percent, a strong indication of another month of dismal sales for the entire auto industry as Detroit's automakers prepare to state their second case for a federal bailout.
Thai airports to reopen after government falls- Thailand's prime minister was ousted Tuesday after weeks of protests closed the capital's airports, stranding 300,000 travelers. Protesters promised to lift their siege, and international flights were expected to resume Friday.
US official: India knew of plot on Mumbai's coast- India received a warning from the United States before last week's attacks in Mumbai that militants were plotting a waterborne assault on the city, a senior U.S. official said Tuesday as domestic intelligence officials said they were aware of a Pakistan-based plot.
Body-swap illusion tricks mind in new study- Shaking hands with yourself is an amusing out-of-body experience. The illusion of having your stomach slashed with a kitchen knife, not so much.
Britney Spears to embark on `Circus' tour in March- Britney Spears is taking her "Circus" act on the road.
Burress arrives at Giants Stadium after shooting- Plaxico Burress arrived at Giants Stadium on Tuesday, one day after the star receiver was charged with illegal gun possession.
Bancolombia S.A. Announces the Public Offering of Ordinary Notes
In the Second Offering, Bancolombia will issue and offer four hundred thousand (400,000) Bancolombia Ordinary Notes with an aggregate principal amount of four hundred billion pesos (Ps. 400,000,000,000), and up to six hundred thousand (600,000) Bancolombia Ordinary Notes with an aggregate principal amount of six hundred billion pesos (Ps. 600,000,000,000) if the over-allotment option is exercised in full.
The announcement of the Second Offering was reported in exhibit no. 154 of
the Boletin Diario de la Bolsa de Valores de
Duff & Phelps de Colombia S.A. rated the Second Offering as AAA.
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