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US June Auto Sales Plunge as Buyers Can't Find Cars (Update1) Bloomberg - 33 minutes ago By Greg Bensinger and Alan Ohnsman July 1 (Bloomberg) — General Motors Corp., Toyota Motor Corp. and Ford Motor Co., the biggest auto retailers in the US, said June sales plunged as consumers turned away from gas- guzzling trucks and found small cars … June Sales Kick US Automakers To Curb Forbes Auto Makers Report Slump in June US Sales Wall Street Journal CNNMoney.com - International Herald Tribune - MarketWatch - The Associated Press all 1,027 news articles

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BBC News

Starbucks to Close More Stores Wall Street Journal - 1 hour ago By JANET ADAMY In its most significant pullback yet to its US expansion, Starbucks Corp. said it will close an additional 500 US stores and cut 7% of its work force. Starbucks to Close 600 Stores - Will It Be Enough? BusinessWeek Starbucks pulls plug on 600 US coffee shops MarketWatch BBC News - Reuters - New York Times - Bizjournals.com all 435 news articles

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ABC News

Starbucks Plans to Close 600 US Stores, Fire 12000 (Update1) Bloomberg - 46 minutes ago By Duane D. Stanford July 1 (Bloomberg) — Starbucks Corp., the world's largest chain of coffee shops, plans to close 600 “underperforming'' US stores and eliminate as many as 12000 jobs as it tries to reverse declining customer visits. Starbucks pulls plug on 600 US coffee shops MarketWatch Starbucks To Close 600 Stores, Halves 2009 Expansion Plans CNNMoney.com New York Times - Reuters - Newsweek - Bizjournals.com all 219 news articles

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Wall Street Journal Blogs

UBS Is Ordered to Turn Over Names New York Times - 47 minutes ago By LYNNLEY BROWNING A federal judge on Tuesday ordered the Swiss banking giant, UBS, to turn over the names of wealthy clients to prosecutors as part of an investigation of its offshore private banking practices. UPDATE 1-US gets court order for UBS Swiss bank records Reuters DoJ: IRS gets OK to pursue John Doe accounts at UBS MarketWatch Bloomberg - Bizjournals.com - Wall Street Journal Blogs - National Mortgage News all 469 news articles

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AFP

UPDATE 1-S&P, Moody's raise Countrywide after BofA takover Reuters - 33 minutes ago NEW YORK, July 1 (Reuters) - Two rating agencies on Tuesday raised their debt ratings on Countrywide Financial Corp. after the largest US mortgage lender was acquired by Bank of America (BAC. Moody's upgrades Countrywide Financial's ratings CNNMoney.com BofA completes Countrywide acquisition Bizjournals.com CNBC - Motley Fool - TheStreet.com - Wall Street Journal Blogs all 303 news articles

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Ford, GM take hit in June sales, but so does Toyota MarketWatch - 51 minutes ago By Shawn Langlois, MarketWatch SAN FRANCISCO (MarketWatch) — General Motors Corp. shares shook off an early decline Tuesday to jump more than 14% after the Detroit giant rode an end-of-the-month promotion to report a June US sales decline that was … Sales Plunge as Automakers Are Hit Hard by High Gas Prices New York Times 2nd UPDATE: US Auto Woes Deepen; GM Posts 18% Drop CNNMoney.com Bloomberg - Forbes - The Associated Press - International Herald Tribune all 822 news articles

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ABC News

Auto sales plunge CNNMoney.com - 38 minutes ago Buyers flee SUVs and pickups but can't find the cars they want, resulting in steep declines at most automakers. By Chris Isidore, CNNMoney. Ford vehicle sales plunge 28% in June MarketWatch Ford, Toyota Sales Plunge as Buyers Reject Big Trucks (Update2) Bloomberg Forbes - The Associated Press - Detroit Free Press - Reuters all 592 news articles

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UPDATE 2-Florida wants settlement from Bank of America Reuters - 55 minutes ago By Jane Sutton MIAMI, July 1 (Reuters) - The US state of Florida hopes to negotiate a monetary settlement with Bank of America Corp (BAC. Florida AG sues Countrywide Bizjournals.com McCollum discusses Fla. suit against Countrywide MiamiHerald.com DSNews.com - ABC Action News - Legal News Line - BloggingStocks all 157 news articles

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Report: Wal-Mart violates MN labor laws; ordered to pay $6.5M Triangle Business Journal - 1 hour ago A Dakota County judge has found Wal-Mart Stores Inc. guilty of violating Minnesota's labor laws more than 2 million times, according to media reports. Minn. judge rules against Wal-Mart on work breaks Olberlin all 218 news articles

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