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Automobiles: Feds offer ‘cash for clunkers’; Microsoft: More choice for European customers; Amazon: Bezos issues an apology; Apple: Death of Chinese worker stirs concern; Verizon: Profits fall as customers go wireless

Automobiles: Feds offer ‘cash for clunkers’

Transportation Secretary Ray LaHood kicked off the federal “cash for clunkers” program this week, offering car dealers “a badly needed boost,” said Joseph Szczesny in Time. The $1 billion program pays car buyers up to $4,500 to trade in old gas-guzzlers for new, more fuel-­efficient models. Qualifying cars must be no more than 25 years old and get less than 18 miles to the gallon. Dealers that “have been working off their swollen supply in recent months” are counting on the program to help move their remaining 2009 inventory.

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