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Consumer spending falls as sentiment sours

U.S. consumers cut spending in September and turned gloomier this month, underscoring the fragility of the economy's recovery even as signs emerged that manufacturing may be picking up.

Consumer spending falls, sentiment sours

U.S. consumers cut spending in September and turned gloomier this month, underscoring the fragile nature of the economy's recovery even as signs emerged that manufacturing activity may be picking up.

GLOBAL MARKETS-Stocks, oil pause; dlr steady as caution returns

World stocks crept higher on Friday, marginally extending gains that followed the United States' emergence from recession while the dollar steadied off the previous session's losses ahead of data that will add more fuel to the recovery debate.

Stryker unit indicted in marketing scheme: DOJ

Medical device maker Stryker Biotech LLC and top management were indicted on federal charges they conducted a fraudulent marketing scheme for bone-growth products, the U.S. Justice Department said on Wednesday.

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Five Ford UAW plants back contract; vote continues

Workers at five Ford Motor Co U.S. plants represented by the United Auto Workers have backed a contract aimed at bringing the automaker's labor costs in line with rivals General Motors Co and Chrysler.

Whirlpool profit beats estimates on cost cuts

Whirlpool Corp reported a higher-than-expected quarterly profit on Friday as cost cuts offset weak sales, and the world's biggest appliance maker raised its full-year forecast.

Michigan tops US state jobless rates again in Sept

Michigan again had the highest unemployment rate of all U.S. states in September at 15.3 percent, followed by Nevada and Rhode Island, which set records, the Labor Department said on Wednesday.

Gentex profit beats forecast, shares jump

Gentex Corp posted a better-than-expected 58 percent rise in third-quarter profit on Wednesday and forecast a revenue increase of up to 35 percent for the fourth quarter, citing improving production volumes by automaker customers.

Obama gets an F on trade: Sen. Grassley

President Barack Obama deserves a failing grade for his handling of U.S. trade policy during his first nine months on the job, a senior Republican senator said on Monday.

H1N1 flu causes unusual damage to lungs: studies

The new pandemic H1N1 flu may cause blood clots and other unusual damage in the lungs and doctors need to be on the lookout, U.S. researchers reported on Thursday.

Why Americans disagree about healthcare reform

Using arguments about the social benefits of healthcare reform may galvanize Democrats but they leave Republicans cold, U.S. researchers reported on Thursday.

Key GM engine plant to be running by late 2010

General Motors Co GM.UL said on Tuesday it would have a Flint, Michigan, plant retooled to produce engines for its upcoming Cruze small car and its Volt electric vehicle by late 2010.

Ford, UAW reach tentative deal on contract changes

The United Auto Workers and Ford Motor Co announced a tentative agreement on Tuesday with a no-strike provision and other concessions to bring its labor costs in line with U.S. rivals.

Wall St falters on J&J, banks; Intel beats Street

U.S. stocks weakened on Tuesday as disappointing sales from Johnson & Johnson stirred jitters about the strength of earnings, snapping the S&P 500's six-day winning streak.

Wall St falters as J&J and bank stocks drag

U.S. stocks weakened on Tuesday as disappointing sales from Johnson & Johnson stirred jitters about the strength of earnings, snapping the S&P 500's six-day winning streak.

Domino's profit beats on tighter cost controls

Domino's Pizza Inc reported a higher-than-expected quarterly profit on Tuesday, boosted by lower interest expense and tighter cost controls.

UPDATE 2-Domino's profit beats on tighter cost controls

Domino's Pizza Inc (DPZ.N) reported a higher-than-expected quarterly profit on Tuesday, boosted by lower interest expense and tighter cost controls.

UPDATE 1-Champion Enterprises signs forbearance agreement

Factory-built homes maker Champion Enterprises Inc (CHB.N) said its lenders agreed to refrain from taking actions after it failed to make certain payments.

Battle over Chrysler plays out in Wisconsin town

The auto boom came fast to this harbor town on Lake Michigan where Ramblers first rolled off the line a century ago.

Kenosha, Wisconsin in auto history

Kenosha, Wisconsin on the shores of Lake Michigan has a long history in automotive history that will die if a Chrysler engine plant is shut as planned next year.

Phish Fall Tour 2009 tickets information, dates

Phish's fall tour is kicking off on November 18 in Detroit, MI, includes three nights in New York City's Madison Square Garden and ends on December 5 in Charlottesville, VA.

Three more U.S. banks closed, nearly 100 for year

Three U.S. banks failed on Friday, bringing the total to 98 this year, as regulators continue to shutter financial institutions that are overwhelmed by bad loans and liquidity problems.

Chrysler CEO: no reprieve on U.S. plant closings

Chrysler Group LLC still plans to shutter eight North American plants according to its initial schedule, Chief Executive Sergio Marchionne said on Thursday, as he dismissed recent reports that a Detroit-area plant would get a reprieve.

Jobless rates rise in all U.S. cities in August

Unemployment rates rose in all cities across the United States in August from a year earlier, with 16 recording jobless rates of 15 percent or higher, according to the Labor Department.

GM to close Saturn as sale to Penske collapses

General Motors Co will close Saturn and wind down its dealership network after a deal to sell the faltering brand to Penske Automotive Group collapsed, the automaker said on Wednesday.