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Senate releases $350 billion more in bailout money

The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.

Apple iWatch illegal to use while driving

The Department for Transport (DfT) has confirmed that any driver caught using Apple’s new iWatch wearable technology behind the wheel will receive the same penalty as if they were using a mobile phone. The new “smartwatch” was announced this week and allows wearers to read text messages, make phone calls and browse the internet on the device. On Bing: see pictures of the Apple iWatch Apple to launch app that finds your car The wristwatch is wirelessly linked to the user’s mobile phone, which supplies the data connection to surf the web and make and receive calls.

Goodwood Revival 2008 daily bulletins

By James Mann and Tim Pollard Motor Shows 20 September 2008 00:30 CAR is reporting live from the 2008 Goodwood Revival meeting – the tenth anniversary of Goodwood's period spectacular that partners the summer hillclimb at the Goodwood Festival of Speed. We've updated the website all weekend with photo galleries and reviews capturing all the action from track and paddock – with exclusive back-stage access to the legends and cars that make Lord March's race event one of the world's premier historic motorsport events. SUNDAY, DAY 3: LIVE NEWS FROM THE GOODWOOD REVIVAL 2008 Another fantastic day at Goodwood Revival started off with a blessing from motor racing vicar Canon Lionel Webber and the Band of the Blues and Royals marching up the grid, followed by a stunning low-level air display by a Spitfire and a Mustang.