Goldman, Morgan Stanley Fixed-Income Earnings Mask Reliance on Commodities
On Wall Street, where just about everyone has lost confidence in financial assets, Goldman Sachs Group Inc.

McClatchy plans 10 percent cut in jobs
The McClatchy Co., battered by declining profits and revenue, announced a 10 percent companywide cut in its workforce today, including the Sacramento publisher's first-ever across-the-board layoffs.

'Celebrities Bill' Muzzles Press
June 16, 2008 — AFTER recently winning deserved acclaim for passing the Libel Terrorism Bill, the Legislature is at risk of jeopardizing New York's status as a haven for press freedom by rushing through a new …

GE shares fall on call to shed more units
J.P. Morgan said the second-largest U.S. company by market capitalization needed to sell off wide swaths of its operations to restore investor confidence.