US News

reuters.com


GM cuts output, jets as U.S. demands turnaround plans

DETROIT/WASHINGTON (Reuters) - Detroit automakers began work on turnaround plans demanded by Congress in return for $25 billion in aid as General Motors Corp said it would cut production more and give up two of its controversial corporate jets.

Florida teen kills self in front of live webcam

MIAMI (Reuters) - A Florida teenager committed suicide by drug overdose in front of a webcam streaming live video to the Internet and some viewers may have egged him on, authorities said on Friday.

Wal-Mart previews Black Friday deals to draw sales

SAN FRANCISCO (Reuters) - Wal-Mart Stores Inc previewed some of the deep discounts it plans to offer right after Thanksgiving next week, part of a promotional strategy that has kept cash-strapped customers scouring its stores for bargains.

General Motors board weighs bankruptcy option: report

WASHINGTON (Reuters) - The board of directors of embattled U.S. automaker General Motors Corp is considering "all options" including bankruptcy, according to a report on the Wall Street Journal's website late on Friday.

U.S. Govt workers punished in oil-sex scandal

WASHINGTON (Reuters) - The U.S. Interior Department said on Friday it took disciplinary action against government workers who had sex, used drugs and took gifts from employees of regulated oil and gas companies.

Households to cut Christmas gifts spending: survey

NEW YORK (Reuters) - U.S. households could cut spending on Christmas gifts by about 11.3 percent this year, the Conference Board said on Friday, as the worst economic crisis since the Great Depression erodes consumer wealth.

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