Profit Off, Jones Apparel Cuts Forecast 2008-05-02 05:53 - The Jones Apparel Group posted lower quarterly profit on Wednesday and cut its 2008 outlook as American retailers marked down goods and reduced their orders.
U.S. Sues Alabama Mayor in Bond Deals 2008-05-02 05:52 - The S.E.C. accused Birmingham Mayor Larry P. Langford of fraud in the underwriting of bond offerings and interest rate swaps.
Turnaround Under Way, G.M. Is Still Bleeding Cash 2008-05-02 05:52 - The automaker boosted its sales, but lost $3.25 billion from a bankrupt former parts division, a strike at a major supplier and bad home loans made by its finance arm.
Pellicano on Pellicano: He Was No Mastermind 2008-05-02 05:51 - Defiant and colorful to the end, the accused Hollywood wiretapper Anthony Pellicano told jurors in his racketeering trial that he was simply a diligent private eye.
Producers? Group Pessimistic on Labor Talks With Actors 2008-05-02 05:51 - The stage is set for a new and more difficult phase in the showdown between actors and producers over a contract to replace the current deal, which expires June 30.
Ex-Executive of Jobs Site Is Indicted 2008-05-02 05:51 - James J. Treacy, the former chief operating officer at Monster Worldwide, was indicted on charges that he conspired to backdate millions of dollars in employee stock option grants.
Fed Cuts Rate but Hints About a Pause 2008-05-02 05:51 - Following new indications that the economy remained fragile at best, the Federal Reserve cut key short-term rates another quarter point.
Canadians Investigate Death of Ducks at Oil-Sands Project 2008-05-02 05:51 - Officials said a large oil-sands operator, Syncrude, had failed to operate noisemakers to frighten away migrating ducks, 500 of which were found dead in a company tailings pond.
Agency Floats a Proposal to Help With Home Loans 2008-05-02 05:50 - The F.D.I.C. proposed permitting the Treasury Department to lend $50 billion directly to as many as a million homeowners to help ease the housing crisis.
