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U.S. markets recover from steep losses

DETROIT, Jan. 11 (UPI) -- Nissan will supply Chrysler with a small car to sell in South America beginning in 2009, the two automakers announced in Detroit Friday.
The vehicle will be based on the Nissan Versa sedan and will be for limited distribution, the new partners said in a joint statement.
Chrysler, which primarily sells vehicles only in North America, has been working to expand its presence, the Detroit Free Press said.
"This partnership will give Chrysler nearly immediate access to vehicle segments in which we do not currently compete." Chrysler President Tom LaSorda said.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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ORLANDO, Fla., May 23 (UPI) --
The U.S. Air Force has added Lockheed Martin to its list of companies for support of its medical services worldwide.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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