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Ford slows rate of cash burn in posting $1.4 billion net loss

Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.

Pruett marks Indy 500's anniversary with a limited-edition wine

Race-car driver Scott Pruett is also a winemaker, and his vineyard is releasing a limited-edition Napa Cabernet to celebrate the 100th anniversary of the Indianapolis 500. Pruett and his wife, Judy, opened their vineyard in 2006 in Auburn, Calif., on the eastern slope of the northern Sierra Mountains. They create small-lot, hand-crafted premium wines.

Supermarkets launch new petrol price war

British supermarkets have launched a new fuel price war which will see petrol prices dip down below the 130 pence per litre mark. Sainsbury’s was first to move, by cutting a huge 6p per litre off the price of unleaded – taking prices down to 129.9p. How to find the cheapest fuel in your area Petrol: don’t waste time and money shopping around Asda quickly followed up by saying nobody will pay more than 128.7p for a litre of petrol.