Members of the House and Senate will receive briefings today by top U.S. intelligence officials, who are expected to present what they say is video evidence that North Korean researchers or officials provided assistance to Syria for a now destroyed nuclear reactor facility. The reactor, which was never operational, was bombed by Israeli planes last year.
Ford Motor Co. was back in the black in the first quarter of 2008, beating Wall Street expectations and providing a cautious counterpoint to the overall poor performances of American companies in the current economic environment. Ford reported net income of $100 million, or 5 cents per share, compared with a net loss of $282 million, or 15 cents per share, a year earlier, despite an 8 percent drop in revenues. Most of the earnings gain came from the expansion of Ford's markets in Europe and South America, and not from the U.S., where the automaker is reducing its second-quarter production plan and offering more targeted buyouts to union workers.
Hillary Clinton's campaign said that it was "on track" to raise more than $10 million in the 24 hours following her Pennsylvania primary victory, according to reports last night. She certainly needs it: According to the Federal Election Commission, as of April 1 Clinton had $10 million of debt and only $9 million on hand.