DETROIT, Michigan - April 26, 2009 - General Motors Corp. will announce details of its massive restructuring plan on Monday, including the demise of its storied Pontiac brand, more factory closures, and bigger job cuts as it fights to avoid bankruptcy protection.

PALM BEACH, Florida - April 26, 2009 - When attorney Malcolm Cunningham, Jr. heard that the Palm Beach Mall had been sued for foreclosure, he didn't know whether to laugh or cry. "Oh no! Oh my gosh. You have got to be kidding me!"

NEW YORK - April 23, 2009 - Harvard University economics Professor Martin Feldstein said inflation will emerge as a threat to the economy after a sustained recovery develops next year.

WASHINGTON - April 23, 2009 - New jobless claims rose more than expected last week, while the number of workers continuing to filing claims for unemployment benefits topped 6.1 million.

ATLANTA, Georgia - April 23, 2009 – United Parcel Service, Inc.’s first-quarter profit plunged as fewer people sent packages and used premium services like next-day air amid the global financial crisis. The world’s largest shipping carrier also gave a disappointing second-quarter outlook on Thursday, and disclosed it shed 10,000 domestic jobs during the first three months of the year.

DETROIT, Michigan - April 22, 2009 - General Motors Corp. is expected to announce Friday it's cutting about 170,000 vehicles from its planned production this year, closing factories for as long as nine weeks this summer as the automaker works to dramatically toughen its restructuring plan before a June 1 government deadline.

DETROIT, Michigan - April 20, 2009 - About 1,600 white-collar workers at General Motors Corp. will lose their jobs in the next few days as the troubled automaker accelerates cost cuts in order to qualify for more government aid.