AP sources: GM to announce more production cuts - AP - 4 minutes ago
General Motors Corp. is telling workers that it will make further production cuts at several factories, according to people briefed on the discussions.

Stocks point higher after steep sell-off - AP - 7 minutes ago
Wall Street found some relief Friday from a report that a pounded-down Citigroup Inc. might put itself up for sale. That prospect, along with the possibility that low prices will draw in bargain-hunters after two days of steep selling, sent stock futures sharply higher.

Oil rises from 3-year low as stocks rebound - AP - 2 hours, 27 minutes ago
A rebound in world stock markets supported oil prices Friday, with crude creeping off a 3-year low to trade above $50 a barrel.

Heinz 2nd-quarter profit jumps - AP - 1 hour, 22 minutes ago
Foodmaker H.J. Heinz Co. said Friday strong sales of products such as Ore-Ida frozen potatoes and frozen meals boosted fiscal second-quarter profit by 22 percent as cash-strapped consumers cooked more meals at home.

Bush signs bill providing extra jobless benefits - AP - 1 hour, 26 minutes ago
The White House says President Bush signed into law a bill that Congress approved to keep unemployment checks flowing to jobless Americans through the holiday season.

Dell 3Q profit falls as PC spending slows - AP - Fri 12:49 am ET
Dell Inc.'s fiscal third-quarter profit sank 5 percent as concerns about the deepening economic crisis crimped corporate spending on computers and other technology products.

Bush to promote action plan to deal with crisis - AP - 59 minutes ago
President George W. Bush, struggling to get ahead of a global financial crisis, hopes to win more converts at a summit here for an action plan aimed at showing governments have the will and the means to halt the turmoil.

Honda to cut global output amid slowing demand - AP - 2 hours, 19 minutes ago
Honda Motor Corp. said Friday it will cut production in Japan and Europe by 61,000 vehicles, as it continues to grapple with slowing global demand.

Automakers need to make case for government aid - AP - Fri 5:07 am ET
Detroit's embattled automakers have two weeks to show a skeptical Congress how a multibillion-dollar lifeline will help them keep the industry from imploding.