Share “Business Briefs”

Oklahoman Published: June 24, 2009

White House plans loans to help build green cars
DEARBORN, Mich. — Cultivating the next generation of fuel-efficient vehicles, the Obama administration said Tuesday it would lend $5.9 billion to Ford Motor Co. and about $2.1 billion to Nissan Motor Co. and Tesla Motors Inc. in a government-industry partnership to build green cars. Energy Secretary Steven Chu said the three automakers would be the first beneficiaries of a $25 billion fund to develop fuel-efficient vehicles. The loans to Ford will help the company upgrade factories in Illinois, Kentucky, Michigan, Missouri and Ohio to produce 13 fuel-efficient vehicles. Nissan will receive loans of $1.6 billion to retool its plant in Smyrna, Tenn., to build electric vehicles and construct a battery manufacturing plant. Tesla will get $465 million in loans to build electric vehicles and electric-drive powertrains in California.

Broccoli-snake head case goes unsolved in N.Y.
CLIFTON PARK, N.Y. — The case of the severed snake head in a dish of a broccoli at an upstate New York restaurant may go unsolved. A diner said he found the snake head on May 3 while eating at a T.G.I. Friday’s in Clifton Park, north of Albany. Laboratory tests showed the head hadn’t been cooked, indicating it was added to the broccoli at the restaurant. The Carrollton,

Texas-based company asked New York State Police to investigate. State police say they can’t determine how the snake wound up in the dish and that the investigation has been closed.

Intel, Nokia join forces in technology race
Intel Corp. and Nokia Corp. said Tuesday they’re joining forces to build better technology for smart phones and other mobile Internet devices. The deal will help Intel penetrate the smart phone market, an area Intel sees as crucial for growth. Intel now makes smaller, lower-power chips for devices such as "netbooks” — stripped-down laptops that do less and cost less. The company wants its chips used in other devices that act as computers, such as smart phones made by Nokia. Nokia gets Intel’s agreement to license modem technology from Nokia and build it into future Intel chips.

Lawmaker awaits word on GM’s auto plant
DETROIT — A Michigan congressman says General Motors Corp. could decide as early as this week where it

will build a new line of small cars.

Rep. Gary Peters, whose district includes one of the three factories in the running, presented letters to GM Tuesday signed by 20,000 people hoping the automaker will choose its Orion Township plant near Pontiac.


  1. 1
    Google Parent Company Alphabet Drops 'Don't Be Evil' Motto
  2. 2
    Four more 'Transformers' movies are coming in the next 10 years
  3. 3
    What It's Like to Be an Interior Designer for Really, Really Rich People
  4. 4
    Will the Supreme Court Decide That Democrats Have Too Much Power?
  5. 5
    This Russell Westbrook Promo Will Get You Jacked For His 2015-16 Season
+ show more


× Trending business Article