LOS ANGELES (AP) — YouTube says more than 1 billion people are now visiting its online video site each month to watch everything from zany clips of cute kittens to sobering scenes of social unrest around the world. Read More
WHAT: The Treasury Department sold its final 6 percent stake in Chrysler to Italian automaker Fiat for $560 million, leaving U.S. taxpayers stuck with a $1.3 billion loss.
HOW: The bailout paid $12.5 billion during the bankruptcy conversion of “Old Chrysler” into the new Chrysler Group. Now $11.2 billion is considered repaid or excused. Read More