Money/Business

In Rochester, N.Y. - The local unemployment rate has been hanging in there just a bit lower than the national average. Video

Washington (AP) – General Motors said it has received permission to use $2.8 billion of its government aid to help buy part of troubled auto parts supplier Delphi Corp., the automaker's former parts division.

Dearborn, Mich. (AP) – Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter.

Rochester, N.Y. – Auction Direct USA has been named #1 on the Rochester Top 100 list of local businesses for 2009.

Washington (AP) – The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes.

People who waited to book holiday air fares last year saved money.  This year, holding off could cost you.

The clock is ticking on a deadline for Kraft Foods Inc. to make a formal offer for British candy maker Cadbury PLC.

Stocks tumbled in early trading after a government report showing more jobs were lost in October than expected but managed to shake it off.

The unemployment rate has surpassed 10 percent for the first time since 1983 -- and is likely to go higher.

AIG says it was profitable for the second straight quarter as its core insurance operations continue to stabilize after being bailed out by the government last year.