February 11, 2011 (vol. 121, iss. 92) • Page Image 3
…The Michigan Daily -- michigandaily.com Friday, February 11, 2011 - 3 The Michigan Daily - michigandailycom Friday, February 11, 2011 - 3 NEWS BRIEFS DETROIT Ford to reduce debt by $3 billion Ford Motor Co. said yester- day it plans to reduce its debt by another $3 billion as part of an ongoing effort to improve its bal- ance sheet and return to invest- ment-grade status. Ratings agencies dropped Ford below investment-grade Status in 2005, ...…