Author Archive
AP source: GM will close or idle 12 more plants
DETROIT (AP) — A person familiar with General Motors’ plans says the automaker will permanently close nine more plants and idle three others to trim production and labor costs under bankruptcy protection….
Futures point higher on more signs of recovery
NEW YORK (AP) — Stock futures pointed to a higher open Monday as upbeat data on overseas manufacturing activity and U.S. consumer spending added to hopes that the global economy may soon recover….
Missing French jet hit thunderstorms over Atlantic
SAO PAULO, Brazil (AP) — An Air France jet carrying 228 people from Rio de Janeiro to Paris is missing after running into lightning and strong thunderstorms over the Atlantic Ocean, officials said Monday. Brazil began a search mission off its northeastern coast….
Serena Williams advances to French Open quarters
PARIS (AP) — Serena Williams dispensed with any drama and won easily Monday to reach the quarterfinals of the French Open….
Consumer spending dips, savings rate surges
WASHINGTON (AP) — Frugal consumers trimmed spending in April – although by less than expected – as rising unemployment kept pocketbooks in check and motivated Americans to save….
Resilient Red Wings win 3-1, up 2-0 on Pens
DETROIT (AP) — Valtteri Filppula and Jonathan Ericsson scored in the second period and the resilient Detroit Red Wings opened a two-game lead over Pittsburgh in the Stanley Cup finals for the second year in a row, winning 3-1 in Game 2 on Sunday night….
