In another report, worker productivity slowed in the summer while wage pressures increased.

General Motors said it needed an $18 billion package in loans and line of credits and that it will cut jobs, factories, brands and executive pay.

General Motors said it needed $12 billion in loans and a $6 billion line of credit and that it will cut jobs, factories, brands and executive pay.

Ford told Congress that it wanted access to $9 billion in loans but that it could become profitable in three years if Detroit’s other two automakers survived.

Ford told Congress that it wanted access to $9 billion in loans but that it could become profitable in three years if Detroit’s other two automakers survived.

Cost-cutting at many local stations includes the big salaries commanded by news anchors.

The United Automobile Workers president will testify to Congress this week, but many lawmakers may say that unions have exacerbated Detroit’s problems.

Germany’s most powerful union, IG Metall, reached a modest wage deal with employers in the flagship engineering sector.

New York’s attorney general expanded his investigation of bonuses to Wall Street executives whose banking companies are receiving cash injections from the federal government.

New York’s attorney general expanded his investigation of bonuses to Wall Street executives whose banking companies are receiving cash injections from the federal government.