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How Fisker fell apart

At last week's politically charged congressional hearing on the troubles of Fisker Automotive, Rep. Jim Jordan, R-Ohio, said that the company had "no business acumen" and that "taxpayers have effectively subsidized luxury novelty vehicles for the likes of Justin Bieber, Leonardo DiCaprio and Al Gore." Ouch. Republicans eager to score points against President Obama had a field day last week with Fisker.

Chrysler loses 'Imported from Detroit' lawsuit

A federal judge today denied a motion by Chrysler Group LLC to bar use of its "Imported from Detroit" commercial tag line by clothier Pure Detroit, which in turn has formally opposed Chrysler's bid to trademark the phrase. U.S. District Judge Arthur Tarnow ruled that Chrysler's request didn't show that it would suffer irreparable harm or that it had a strong likelihood of winning its case.

Spies given licence to speed

Secret agents are to be given the right to speed when behind the wheel, under changes of the law expected to be announced today. Currently, MI5 and MI6 officers have to stick to the rules of the road, even when national security is under threat. On Bing: see pictures of James Bond Find out how much a used Aston Martin costs on Auto Trader However, new plans to be announced by transport minister Robert Goodwill will give spies the same exemptions as emergency services.