In North Carolina, now this could be the last day of testimony in the John Edwards trial. At a federal courthouse, the former presidential candidate is being tried on six counts of campaign finance violations. Prosecutors say Edwards used nearly a million dollars to conceal an affair and hide the child he fathered with a mistress. The defense says Edwards wasn't fully aware of the cover-up and that any money connected with it did not come from campaign contributions.
Jeff Tiberii of North Carolina Public Radio has more.
NPR's business news starts with a sign of confidence in the U.S. auto industry.
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INSKEEP: Berkshire Hathaway has bought 10 million shares of General Motors. The company owned by the billionaire investor Warren Buffett spent just over $200 million for that stake in GM. It is the first time Berkshire has invested in an American automaker.
And now to big money that's tied up in a company's pension fund. Tens of thousands of white-collar Ford retirees will soon have a big decision to make: Should they stay in the auto company's pension plan, or take their chances with a lump sum payout instead? The offer is believed to be the first of its kind for such a large, ongoing pension fund.