State lawmakers to write oil-shale rules

GRAND JUNCTION - No commercial oil shale development is expected in Colorado for several years, but some Republican legislators want to start laying the groundwork to manage the resource that some estimates put at more than 1 trillion barrels of oil.

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Waterford Wedgwood reaches for bankruptcy

LONDON - Waterford Wedgwood PLC, the maker of classic china and crystal, filed for bankruptcy protection on Monday after attempts to restructure the struggling business or find a buyer failed.

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Auto sales continue plunge

Chrysler LLC’s December U.S. sales plunged by more than half and it sold 30 percent fewer vehicles in 2008 as consumers remained uncertain about the economy.

. . . But Subaru posts a slight increase

CHERRY HILL, N.J. - Subaru said Monday its U.S. sales crept higher in 2008 on strong demand for Forester and Impreza models, making the Japanese company the only major automaker so far to post an increase in 2008 sales.

Apple CEO addresses health

NEW YORK - Apple Inc. founder Steve Jobs, a survivor of pancreatic cancer whose gaunt appearance in the past year has alarmed the Mac and iPod lovers who look to him as an oracle, said Monday he has an easily treated hormone imbalance and will remain in charge of the company.

Investors sell to lock profits

NEW YORK - Caution returned to Wall Street Monday as investors gave back some gains from last week’s rally even as they found encouragement from President-elect Barack Obama’s calls for an economic stimulus package.