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Auto industry to get $25 billion in federal loans  WASHINGTON -- In the next few years, consumers could see the fruits of $25 billion in government loans for the auto industry through a broader lineup of gas-electric hybrid vehicles, new plug-in electric cars and an expansion of fuel-efficient engines.

Cash for $25 billion in loans for automakers near approval  The auto industry is close to winning one of two battles it's been waging in Washington for the past few weeks: Money for a $25 billion direct-loan program for automakers and suppliers was attached to a government-spending bill approved Wednesday by the House of Representatives.

Mo. Democrats file ethics complaint against Lager  JEFFERSON CITY, Mo. ��� A state ethics complaint accuses Republican state treasurer candidate Brad Lager of improperly reporting his campaign's credit card purchases.

Mo. Democrats file ethics complaint against Lager   Associated Press - September 24, 2008 11:34 AM ET JEFFERSON CITY, Mo. - A state ethics complaint accuses Republican state treasurer candidate Brad Lager of improperly reporting his...

Daimler in talks about selling its remaining Chrysler stake  Germany's Daimler said Wednesday it is in talks to sell its remaining stake in Chrysler to private-equity firm Cerberus Capital Management. Daimler spokesman Han Tjan confirmed a report in Germany's Manager Magazin that the company is in talks to sell the 19.9 percent it owns in the U.S.-based automaker. He would give no details. Cerberus said in a statement that it approached Daimler about the ...

Local business in brief: H&R Block on short-selling list  The Home Builders Association of Greater Kansas City reported 304 permits for new single-family homes in August. That was down from 487 the previous August, but up from 279 in July. Area home building activity posted its third consecutive monthly increase since hitting a cyclical low of 219 permits in May.

Seattle hit with 41% decrease in home sales  Seattle and Portland were among the top 10 metro areas in the nation with the most pronounced drop in sales of existing homes in August versus a year ago, even as other cities in the West bucked a national downward trend, according to two reports Wednesday.

Fall in new Oz home sales moderates  SALES of new homes in Australia continued to fall in August, although at a slower pace than the previous month, a report said today.

Australia new home sales fell again in Aug-industry  SYDNEY, Sept 25 Reuters - Sales of new homes in Australia fell further in August, dragged by high mortgage rates and depressed consumer confidence, a Housing Industry Association HIA survey showed on Thursday.

Existing home sales in West tick upward  Sales of existing homes in the West climbed higher in August versus a year ago, bucking a national trend as buyers snatched up sharply discounted foreclosed properties in California, Arizona and Nevada, according to two reports Wednesday.

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