The US Supreme Court will not review the conviction of American Ahmed Omar Abu Ali for joining Al Qaeda and plotting to assassinate then-President George W. Bush, the court said Monday. The conviction was challenged when a judge allowed jurors, but not Abu Ali, to see classified evidence against him.
In a breakthrough for the Detroit auto industry, Ford Motor Co. reached a tentative agreement Monday with the United Auto Workers Union to modify retiree healthcare. The concessions, if approved by local union leaders, could help protect jobs by ensuring the company's long-term viability.
The federal government might increase its stake in Citigroup Inc. to 40 percent in further efforts to prop up the struggling bank, The Wall Street Journal reported Monday. Citigroup has already received $45 billion in bailout funds. It declined to comment on the report that the government may be contemplating converting its preferred stock into common stock as an alternative to nationalizing the bank.