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Mortgage industry hashes out rate-freeze plan (Reuters via Yahoo! News) - Mortgage industry executives worked on Saturday to hammer out details of a homeowner rescue plan that would freeze interest rates on some U.S. subprime mortgages for up to seven years, but questions remained over how to avoid investor lawsuits and other legal challenges.

Paulson works with industry on loan plan (AP via Yahoo! News) - The Bush administration and the mortgage industry, trying to combat a massive wave of foreclosures, are hammering out a proposal to temporarily freeze interest rates on certain troubled subprime mortgages. If adopted, it would be the biggest action taken to cope with the unfolding crisis.

Auto industry reacts to fuel deal (Tribune Chronicle) - WASHINGTON — The deal in Congress to raise mile-per-gallon standards will compel the auto industry to churn out more fuel-efficient vehicles on a faster timeline than the companies wanted, though with flexibility to get the job done.

Shipping industry faces rough seas over role in air pollution (The Post and Courier) - As air pollution rises on the global political agenda, pressure is mounting on a largely hidden and proliferating source of dangerous emissions: the shipping industry. The corpuscles of the global economy, ships carry more than 90 percent of the world's merchandise by volume, and the tonna...

Energy deal to push auto industry on fuel-efficiency (South Bend Tribune) - WASHINGTON (AP) — The groundbreaking deal in Congress to raise mile-per-gallon standards will compel the auto industry to churn out more fuel-efficient vehicles on a faster timeline than the companies wanted, though with flexibility to get the job done.

Auto industry backs CAFÉ deal (Detroit News) - WASHINGTON -- Automakers on Saturday endorsed a landmark compromise bill reached Friday that will hike fuel economy requirements by 40 percent by 2020 to an industry fleet average of 35 miles per gallon.

Defence industry fires warning shot (Daily Telegraph) - Defence industry chiefs have warned the Government that cuts to the defence budget could undermine the capability of Britain's armed forces in the future.

WASHINGTON - The groundbreaking deal in Congress to raise mile-per-gallon standards will compel the auto industry to ... (WIBW-TV Topeka) - The auto industry's fleet of new cars, sport utility vehicles, pickup trucks and vans will have to average 35 mpg by 2020, according to the agreement that congressional negotiators announced late Friday.

PC: I’ve no industry friends (asianage via Yahoo! India News) - New Delhi, Dec. 1: I have no friends, I have no enemies in the industry, Union finance minister P. Chidam-baram told the Rajya Sabha. No one, he added, can [claim

Paulson Works With Industry on Loan Plan (AP via Yahoo! Finance) - The Bush administration and the mortgage industry, trying to combat a massive wave of foreclosures, are hammering out a proposal to temporarily freeze interest rates on certain troubled subprime mortgages.