Talks are set to resume in Washington DC this morning after a late night session yesterday ended without agreement on the governmentÔÇÖs $700 billion bailout plan for the troubled US finance sector.  ┬á A day that started with high hopes after President Bush told the nation that Congress had to approve the plan quickly to avoid a potentially ÔÇ£long and deep recessionÔÇØ ended at 10pm with Republicans in revolt.┬á┬á Legislators appeared close to an agreement earlier in the day, before senior members of Congress met the president at the White House, but the deal went sour

After bailing out the banking sector, the US government is now on the verge of offering loans of up to $25 billion to help US automobile manufacturers build greener vehicles.  ┬á The House of Representatives has already voted to back a spending bill that includes a low interest loan to auto makers, and the bill is expected to pass in the Senate this week. Its sponsors hope that President Bush will sign it off by 1 October, when the government begins its new financial year.

Internet search giant Google has joined cellular carrier T-Mobile to unveil the first cell phone powered by GoogleÔÇÖs Android software.

Internet search giant joins cellular carrier T-Mobile to unveil first cell phone powered by GoogleÔÇÖs Android software.

Internet search giant joins cellular carrier T-Mobile to unveil first cell phone powered by GoogleÔÇÖs Android software.

A burning issueElectricity generation is at the heart of the climate change debate. Wayne Leonard, CEO of Entergy Corporation, tells Martin Ashcroft about the urgent action he believes is required. "For every generation there is a defining issueÔÇöan issue it must resolve if society is to continue and thrive; an issue it cannot ignore.

Newfound prosperityAfter more than two decades, operations are starting again in Ming Mine in Newfoundland, Rambler Metals & MiningÔÇÖs CEO George Ogilvie tells Ruari McCallion. Newfoundland has tended to be somewhere people come from rather than go to. The prosperity and energy of Montreal, Toronto and points west have proved to be magnets for the energetic and ambitious, and it has been easy to understand why.   Lack of resources and the sheer distance to markets have contributed to long-term economic struggles.

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Hewlett-Packard ($8 billion) and Nike ($5 billion) also unveil major stock repurchase programs. Microsoft CorpÔÇÖs plan to buy back its shares from investors, which will run until 2013, is said to be the biggest single buy-back plan in history. Analysts say the move is an attempt by the company to use its spare cash to prop up its share price, which has fallen nearly 30 percent this year, partly due to its failed $47.5 billion bid to acquire Internet portal Yahoo.

A well-supported ventureWood Group Pressure Control knows that the value of its work is only as good as the value of its workforce. Kate Sawyer investigates. Consider this. In December 2007, Wood Group Pressure ControlÔÇÖs Australian field service team received a safety recognition award from Santos, its client, for eight years of service with zero recordable injuriesÔÇöduring this time, the team completed in excess of 100,000 man hours in the field, with over 500 wellhead completions.How is this possible?