DETROIT (Reuters) - United Auto Workers President Ron Gettelfinger said on Wednesday the union would surrender job security protections and delay payments into a retiree healthcare trust to help U.S. automakers clinch government aid to survive a sales downturn.
NEW YORK (Reuters) - Stocks stumbled on Wednesday. driven down by energy companies as investors grappled with more dismal data and gloomy outlooks from global heavyweights, including Freeport-McMoRan Copper & Gold Inc .
NEW YORK (Reuters) - Private employers slashed an unexpectedly high 250,000 jobs in November, the biggest cut in seven years, while the service sector, which powers most of the economy, posted its worst slump on record.
SAN FRANCISCO (Reuters) - Online retail spending rose 15 percent on the all-important Monday after Thanksgiving from a year earlier, sounding a positive note in an otherwise bleak holiday season.
WASHINGTON (Reuters) - Economic activity has weakened across the United States since early October, while price pressures have eased with declines in retail and energy prices, the Federal Reserve said on Wednesday.
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