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REPORT: GM to declare bankruptcy before markets open, chief restructuring officer named

General Motors' bankruptcy endgame appears to be at hand, with word coming out that the automaker will indeed file for Chapter 11 protection early on Monday morning, which in turn is expected to trigger $30.1 billion in U.S. government loans. That funding will arrive on the heels of the $19.4 billion GM has already received since late last year, and Canada is expected to chip in an additional $9.5 billion. In exchange for that $30.1 billion in financing, Capitol Hill will receive a 60% share of

One lucky Hoosier gets ethanol, wins the lottery

Don't say ethanol never paid off for anyone. Summitville, Indiana resident Pamela Smith stopped off to buy E85 earlier this month and dropped a few bucks into the Indiana lottery. Luck was with her, and she won the $2.5 million Hoosier Lotto jackpot.

PSA: If you're going to impersonate the police, you might not want to call for backup

The dispatcher had no idea who was interloping on the Ontario, Ohio police frequency. The mystery caller called himself Fred and requested a marked unit. When pressed to identify what department the call was coming from, a shaky answer of "Um, auxiliary patrol" came modulating weakly back. The exchange failed to pass the smell test, so Fred Heitzman indeed got his requested marked car -- it came for him. Heitzman, you see, allegedly has a habit of playing police officer without anything more tha

VIDEO: Zerocarbonista wind-powered car still being invented

It's been a little more than a year since we first started tracking the development of the wind-powered car by Ecotricity founder, Dale Vince. His latest video installment, part 9 of 6 (not a typo), is now available and in it, we catch up on all the latest news and are even assured that

UPDATE: Bailey Blade prototype expected in October

Remember the Bailey Blade coupe being created by Neal Bailey in his Texas garage? Not only is Neal still at it, but he tells us he'll have at least one, possibly three, prototypes ready for testing in October. That's a big change in status from the last time we checked in on Neal in November. Back then he was having serious funding problems but was keeping the dream alive by soliciting small in

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