Friday News Updates: Haiti Relief Updates, Health Care and Wall Street
Friday News Update: Haiti Update, Obama Banking Proposals, China Internet Censorship and GE Q4 Profits

In today’s news updates we provide links to the current situation in Haiti, an update on arms in North Korea and Toyota’s plans for the hybrid cars by 2011.

CNN News Updates from Haiti

Look here for news updates on the aftermath of a 7.0 earthquake that struck Haiti. All times are Haiti local time, which is the same as Eastern Standard Time in the U.S. and five hours behind GMT.

North Korea’s Kim calls for stronger army amid tension

SEOUL, South Korea — North Korean leader Kim Jong Il said his country must bolster its armed forces, state media reported Sunday, two days after his regime warned it would launch a war against South Korea if necessary.

Kim’s all-powerful National Defense Commission had threatened Friday to initiate a sacred “retaliatory battle” against the South in anger over its reported contingency plan to cope with potential unrest in the communist country. The commission also warned it could break off all dialogue and negotiations with the South.

Toyota shooting for one million hybrids by 2011

Toyota wants to be producing 1 million hybrid cars worldwide a year by 2011, reports Reuters, quoting Nikkei business in Tokyo. That would likely be double the number of hybrids it built last year.

Among the 10 new hybrid models planned in the next few years, Toyota showed off one hybrid concept for the U.S. at last week’s North American International Auto Show in Detroit. It’s the FT-CH concept, which would be smaller, cheaper car more along the lines of the Corolla. In addition, Toyota’s brass disclosed that they plan to turn Prius into a family of cars.

Friday News Updates: Haiti Relief Updates, Health Care and Wall Street
Friday News Update: Haiti Update, Obama Banking Proposals, China Internet Censorship and GE Q4 Profits