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Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.

Young drivers risking lives by 'neglecting eyesight'

ONE IN SEVEN young drivers put themselves and other road users in danger because of poor vision and problems with their eyesight, according to a new study. The survey, conducted on behalf of thinkaboutyoureyes.co.uk found that those in the 18-24 age bracket were far more likely than older drivers to have problems driving because of bad vision. While more than half of drivers over 55 are required to wear glasses or corrective lenses when driving compared to just a third of young drivers, almost one in ten young drivers believe they actually probably should be wearing glasses when they drive.

2010 Toyota 4Runner to be revealed at Texas State Fair

In a nod to its rugged nature, the 2010 Toyota 4Runner will debut on Sept. 24 in Dallas at the Texas State Fair. More details will be revealed then, but Toyota hints that the interior will be upgraded with added room and comfort for the fifth-generation sport-utility vehicle.