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U.S. markets recover from steep losses

DETROIT, Feb. 1 (UPI) -- Ford Motor Co. sales dropped 4 percent in January compared with January 2007, while sales of some models advanced, the company said Friday.
Sales of the Edge climbed 95 percent, the company said. Lincoln MKX sales rose 78 percent, while Focus sales jumped 44 percent.
However, total sales, which includes Jaguar, Land Rover and Volvo divisions, dropped.
"It's not going to get any easier -- at least for a while," said Jim Farley, Ford's vice president of marketing and communications. "Recent monetary actions and the proposed stimulus package may help the economy later this year, but we're not pinning our hopes on that."
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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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