With summer around the corner, the hospitality industry is worried more people might opt to stay at home instead of going on vacation. Sean Cole reports on how the vacation season is shaping up from Cape Cod, Mass.
As its competitors drive towards bankruptcy, Ford is planning to retire $9.9 billion in debt and cut nearly $500 million out of its interest expenses this year. Will the automaker's rivals be able to do the same? Jeremy Hobson reports.
The Treasury Department is extending the deadline for fund managers to invest in unloading bad assets from the banks' balance sheets and easing its selection criteria. As Amy Scott reports, the Treasury really needs private investors to hop on board.
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