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Chrysler Plans to Cut 1,000 Salaried Jobs

Posted: 07/23/2008 - Chrysler LLC said Wednesday it will cut 1,000 salaried jobs worldwide by Sept. 30 as it tries to return to profitability amid a severe downturn in U.S. sales.

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Yahoo CEO Remains Upbeat Despite Lackluster 2nd Quarter

Posted: 07/23/2008 - Yahoo Inc.'s second-quarter results didn't provide much reason for enthusiasm.But at least they weren't as bad as many investors feared after Yahoo spent months sparring with Microsoft Corp.

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Foreign-Born TB Cases Need Better Control, US Says

Posted: 07/23/2008 - Tuberculosis cases continue to fall in the United States, but some immigrants have disturbingly high rates of the disease, according to a study released Tuesday that called for more aggressive action.

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Toyota Beats GM in Worldwide Sales in First Half of Year

Posted: 07/23/2008 - Toyota beat General Motors in worldwide sales in the first half of the year. Toyota Motor Corp. said Wednesday it sold 4.8 million vehicles between January and June, up 2 percent from the same period a year ago.

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Tourism Travails: Summer Fun Faces Uncertain Times

Posted: 07/23/2008 - The sign outside the Aquarius motel reads: "Spend a night, Not a paycheck," but some Midwest travelers have canceled reservations and other visitors stay fewer nights. On the nation's opposite coast, vacationers in Oregon worried about $4 gas splurge less on meals and skip the frills on getaways.

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Oil Extends Decline as Supply Worries Ebb

Posted: 07/23/2008 - Oil prices slipped further Wednesday after tumbling more than $3 a barrel in the previous day's session as a hurricane looked likely to spare key oil installations in the U.S. Gulf of Mexico.

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ConocoPhillips 2Q Profit Soars

Posted: 07/23/2008 - Oil giant ConocoPhillips says record crude prices helped its second-quarter profit dwarf year-ago results, when the company incurred a $4.5 billion charge related to its former assets in Venezuela.

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Bush Drops Opposition to Housing Bill

Posted: 07/23/2008 - President Bush dropped his opposition Wednesday to legislation aiming to calm the chaotic housing market despite his objections to a $3.9 billion provision. The House was expected to vote on the bill Wednesday, and it could become law as early as this week.

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Costco sees 4Q, 4-year Profit Below Estimates

Posted: 07/23/2008 - Costco Wholesale Corp. said Wednesday fiscal fourth-quarter and full-year profit will miss Wall Street expectations, as the warehouse club operator expects higher energy costs to crimp its bottom line.

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Stock Futures Head to Higher Open

Posted: 07/23/2008 - Wall Street looked to extend its gains Wednesday after another drop in oil prices blunted reaction to a mixed set of earnings reports.

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Dolly Upgraded to Hurricane, Set to Hit Texas Coast

Posted: 07/22/2008 - Dolly spun into a hurricane Tuesday, heading toward the U.S.-Mexico border and the heavily populated Rio Grande Valley, where officials feared heavy rains could cause massive flooding and levee breaks.

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Texas Grand Jury Indicts Polygamist Sect Members

Posted: 07/22/2008 - A Texas grand jury indicted polygamist sect leader Warren Jeffs and four of his followers Tuesday on charges of felony sexual assault of a child. Another was indicted for failing to report child abuse.

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Railroad to Pay $102 Million After Calif. Wildfire

Posted: 07/22/2008 - Union Pacific Railroad Co. has agreed to pay $102 million for a huge California wildfire sparked by its workers in what federal officials described Tuesday as a precedent-setting case.

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Flight With 7 Congressmen Makes Emergency Landing

Posted: 07/22/2008 - A Continental Airlines flight carrying former presidential candidate Ron Paul and six other members of Congress to Washington, D.C., made an emergency landing in New Orleans on Tuesday after a loss in cabin pressure.

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Foreign-Born TB Cases Need Better Control, US Says

Posted: 07/22/2008 - Tuberculosis cases continue to fall in the United States, but some immigrants have disturbingly high rates of the disease, according to a study released Tuesday that called for more aggressive action.

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Angry Serb Nationalists Protest Karadzic Arrest

Posted: 07/22/2008 - Serb nationalists skirmished with riot police in the capital Tuesday, lashing out against the new Western-leaning government that captured war crimes suspect Radovan Karadzic.

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Obama Begins Mideast Visit, Vows To Work for Peace

Posted: 07/22/2008 - Democratic presidential contender Barack Obama stepped into the thicket of Mideast politics Tuesday, declaring in Jordan that neither the Israelis nor the Palestinians are strong enough internally to make the bold concessions necessary for peace.

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