Top 4 Business Stories of the Day


by wochit

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Watch out NYC, Rihanna's ready to run this town. After moving out of her stalker-plagued L.A. pad?this week, the "Disturbia" singer has reportedly found another place to stay. And CB! can show you the first inside pics. According to New York Daily News, the newly-tatted up crooner has plunked down $39,000 a month for a...Read?more"
U.S. stocks extended gains on Friday, a day after their biggest rally in more than nine months as investors were hopeful for a solution to end the partial government shutdown that would stave off a possible U.S. default.
(Reuters) - Barclays will provide cash-strapped Detroit with up to $350 million in debtor in possession financing in the wake of its municipal bankruptcy filing in July, Detroit's top official said on Friday.
By Ben Klayman DETROIT (Reuters) - General Motors Co will go head to head with electric car maker Tesla Motors Inc starting in January, when a plug-in version of its luxury Cadillac brand will go on sale. GM said on Friday its 2014 Cadillac ELR plug-in coupe will have a starting price of almost $76,000 including delivery fees - putting it in competition with the similarly priced Tesla Model S. Federal tax credits could reduce the cost of the ELR to consumers by up to $7,500. ...