Outlook roundup: Bank of America, GM

CHARLOTTE, N.C. (AP) -Bank of America Corp., the nation's second-largest bank, reported rising credit costs Tuesday, as it continues to wade through a challenging economic cycle.

DETROIT (AP) -Conceding that the U.S. auto industry is in a recession and high gas prices are changing which vehicles people buy, General Motors Corp. said Tuesday it is shifting its marketing to focus more on cars and less on trucks.