I fixed that cover for Time:
WSJ: Chrysler Group LLC is on track to generate $3 billion in operating profit in 2012 thanks to rising vehicle sales in a recovering U.S. auto market, the company’s chief executive said Tuesday.
The auto maker should see its global sales reach two million cars and trucks this year, and rise 20% to 2.4 million in 2012…
….In the first three quarters of this year, Chrysler made $1.47 billion in operating profit. Year-to-date, the company has reported a net loss of $42 million, in part because it was paying interest on U.S. government loans for much of the year.
…. For the first three quarters of this year, GM reported $7.7 billion in net income, and Ford $6.6 billion.
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TPM: With less than a month to go until the Jan. 3 Iowa caucuses, you’d probably think the candidate with the most offices and the the biggest operation in the Hawkeye State would be a Republican.
You’d be wrong….
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Vice President Joe Biden, flanked by Health and Human Services Secretary Kathleen Sebelius, and Treasury Secretary Timothy Geithner, hosts a Cabinet meeting to discuss the latest efforts to cut waste, fraud and abuse, Dec. 13
President Barack Obama and Vice President Joe Biden listen to Rob Nabors, Assistant to the President for Legislative Affairs, during a meeting with senior advisors in the Oval Office, Dec. 13, 2011. (Official White House Photo by Pete Souza)