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The Top of the Game; Darrell Pittman Captures Summit SuperSeries Box World Championship

IHRA and Summit Racing Equipment banded together to expand the possibilities for the weekly bracket racer with the Summit World Championship series. Bracket racing is a singular discipline that involves infinite layers of complexity. Many racers start out in street cars, and work their way up each rung in the ladder, seeking the pinnacle of achievement. Darrell Pittman, from Douglas Motorports Park, has hit the top, and successfully traversed every rung of that ladder along the way.

Ex-Fannie Mae chief wishes he said

Reuters - Former Fannie Mae Chief Executive Daniel Mudd wished he said "no" to more of the things the company was asked to do, he told the Wall Street Journal in an interview.

Shell profit jumps 71 percent (Reuters)

Reuters - Royal Dutch Shell Plc (RDSa.L) beat all forecasts with third-quarter current cost of supply (CCS) net profit up 71 percent at $10.9 billion, as high oil prices and asset sales outweighed a 7 percent drop in oil and gas production.

Sweden approves $200 billion bailout plan

Sweden�s Parliament on Wednesday approved a 1.5 trillion kronor ($200 billion) rescue package for the nation�s financial sector.

GMAC seeks bank status for funding

GMAC, the auto finance and mortgage company, is seeking to become a bank holding company in order to access the government�s $700 billion financial rescue plan.

Procter & Gamble�s profit rises

Consumer products maker Procter & Gamble Co. says profit rose nearly 9 percent in its fiscal first quarter, boosted by strong growth in emerging markets.

Europe, Asia rise after huge rally in U.S.

European stock markets traded mostly higher Wednesday on expectations of possible interest rate cuts in the U.S. and Japan.

Sources: GM, Chrysler resolve major issues

General Motors Corp. and Cerberus Capital Management have resolved the major issues in a proposed GM-Chrysler merger, but the final form of any deal would depend on the financing and government support available, sources familiar with the talks said on Wednesday.

GM-Chrysler deal could cost 35,000 jobs

If General Motors Corp. acquires Chrysler LLC, it will cost 25,000 to 35,000 jobs at the automakers, according to a Michigan consulting firm.