- Stock prices have managed to remain in positive territory. The advance comes after two days of market declines.
- Federal regulators are considering several ways to place restrictions on traders who bet that stock prices will fall. Investors and lawmakers are calling for brakes on moves they say worsened the market's dramatic downturn.
- Chrysler President and Vice Chairman Jim Press says the government's May 1 deadline for the automaker to complete a deal with Fiat allows "ample time." The automaker is hoping reach a definitive agreement that is key to saving it from bankruptcy.
- The president's new science adviser says that global warming is so dire, the Obama administration is discussing radical technologies to cool Earth's air. John Holdren tells The Associated Press in his first interview since being confirmed last month that the idea of geoengineering the climate is being discussed.
- Oil prices have risen today as the government reported that crude inventories had risen less than expected. Benchmark crude for May delivery was up more than $2 to $51.30 a barrel on the New York Mercantile Exchange.
Afternoon Business Brief
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Updated: April 8, 2009, 1:18 PM
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