Posted: 12/17/2008 - Ford says it will shut down 10 of its North American assembly plants for an extra week in January due to the slumping U.S. auto market.
Updated: 12/17/2008 - Parker Hannifin Corp. will be laying off 46 workers at its Manhattan, industrial rubber hose plant.
Posted: 12/15/2008 - Another book publisher is cutting jobs: Macmillan, where authors include Thomas Friedman, Rick Atkinson and Janet Evanovich, is eliminating 64 positions, just under 4% of its work force.
Posted: 12/12/2008 - Federal authorities have launched an investigation into the finances of bankrupt Brooke Corp.
Posted: 12/12/2008 - Detroit's two daily newspapers could be close to cutting home delivery to three days a week.
Posted: 12/12/2008 - General Motors Corp. says it will cut 250,000 vehicles from its first-quarter production schedule by temporarily closing 20 factories across North America.
Posted: 12/11/2008 - KB Toys has filed for bankruptcy protection for the second time in four years, joining fellow retailers Linens N Things and Steve & Barry's in seeking Chapter 11 protection amid weak sales linked to the economic recession.
Posted: 12/11/2008 - Sprint Nextel is facing a second class-action claiming the wireless carrier failed to pay employees earned commissions.
Posted: 12/10/2008 - Ford Motor Co. CEO Alan Mulally and Executive Chairman Bill Ford Jr. say they're confident the company can make it through the recession without relying on the government.
Posted: 12/09/2008 - Sony is slashing 8,000 electronics jobs around the world, or 5% of its global work force in that sector. It's trying to boost the profitability of its core business amid a global downturn.
Posted: 12/09/2008 - A meeting to resolve the sit-in at a shuttered Chicago factory has ended without success.
Posted: 12/09/2008 - A top-ranking General Motors executive is welcoming the proposition of a "car czar" to look after a restructuring of his industry with federal taxpayer dollars.
Posted: 12/08/2008 - A Wall Street analyst predicts that Sprint Nextel will announce "significant" job cuts next month in a move to reduce "its bloated cost structure."
Posted: 12/08/2008 - Tribune Co., owner of the Los Angeles Times and Chicago Tribune, other newspapers and the Chicago Cubs and Wrigley Field, has reportedly hired financial advisers ahead of a possible filing for bankruptcy-court protection.
Posted: 12/05/2008 - Sotheby's and rival Christie's say poor earnings is leading to layoffs.
Posted: 12/05/2008 - Merrill Lynch shareholders have approved the investment bank's sale to Bank of America, in a move that will create the nation's largest financial services firm.
Posted: 12/04/2008 - Congressional officials say an auto bailout plan to tap fuel-efficiency loans for emergency aid to the Big Three doesn't come close to covering the $34 billion carmakers say they need to survive.
Posted: 12/04/2008 - The CEO of Overland Park-based YRC Worldwide says he expects a proposed union wage reduction and other planned cuts are "more than enough to ride out the economic downturn."
Posted: 12/04/2008 - Shares of Mattel are soaring today after a big court victory for the toy giant that could leave a lot of young girls upset.
Posted: 12/04/2008 - The Quaker Oats plant in Manhattan will lay off 82 full-time employees, effective Jan. 30.
Posted: 12/04/2008 - Shoe retailer Collective Brands is weathering the recent economic downturn, reporting that its third-quarter profits rose 86%.
Posted: 12/03/2008 - A Pratt & Whitney spokeswoman says the jet-engine manufacturer is laying off about 350 salaried employees across the country, with most of the cuts coming in Connecticut.
Posted: 12/03/2008 - Ford Motor Co. says a second shift will start making F-150 pickups at the automaker's Kansas City Assembly Plant in Claycomo, Mo.