President Bush cast what appears likely to be a futile veto, rejecting a bill that would protect doctors from cuts in their Medicare payments.

The Fed chief warned of the risks of a long slowdown and higher inflation as the president, speaking nearby, said the country’s economic pillars remained sound.

G.M. said that it would reduce labor costs for salaried workers by 20 percent and further cut truck production.

The Intel Corporation reported Tuesday that its net income increased 25 percent in the second quarter, helped by higher demand for microprocessors.

The Securities and Exchange Commission will issue an emergency rule on Tuesday to curb short selling in major financial firms, including Fannie Mae and Freddie Mac.

Rupert Murdoch, whose News Corporation owns The New York Post, and Mortimer B. Zuckerman, the owner of The Daily News, are considering the unthinkable: cooperation.

Rupert Murdoch, whose News Corporation owns The New York Post, and Mortimer B. Zuckerman, the owner of The Daily News, are considering the unthinkable: cooperation.

Countrywide Home Loans has agreed to pay $325,000 to settle a case that accused the lender of abusive practices in almost 300 mortgage loans overseen by the court.

Problems linked to the braking system of Boeing’s much-delayed 787 Dreamliner conspired with a dearth of new orders from Western airlines to darken the mood at the aerospace industry’s showcase event.

President Bush cast what appears likely to be a futile veto, rejecting a bill that would protect doctors from cuts in their Medicare payments.