Honda Motor Co. is offering voluntary buyouts, cutting workers’ pay and imposing 13 non-production days at its North American plants to reduce its output this summer by 62,000 vehicles. Honda spokesman Ron Lietzke said Tuesday that the buyouts will be offered…

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Honda offers buyouts, cuts pay in North America

The Los Angeles Board of Education has put off a vote on whether to lay off thousands of teachers and other workers because of a huge budget deficit in the nation’s second-largest school district. Crowds of teachers and support workers packed the board room…

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LA school board puts off vote on huge layoff

SAN FRANCISCO (Reuters) – Bookstore chain Borders Group Inc said on Tuesday quarterly earnings plunged 57 percent and predicted a weak 2009, but it still beat Wall Street earnings expectations with the help of deep cost cuts.

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Borders’ Q4 net income dives, expects weak 2009

WASHINGTON/DETROIT (Reuters) – General Motors warned on Tuesday there was a rising chance it could file for bankruptcy by June as Fiat and Chrysler executives met in a race to complete a tie-up the U.S. government has said Chrysler needs to survive.

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GM sees bankruptcy risk

California has banned use of a voting machine produced by a Texas company, saying it contains serious software flaws. Secretary of State Debra Bowen announced Tuesday that she had withdrawn approval for Premier Election Solutions’ Global Election Management…

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Calif. bans voting machine with software error

The city can severely limit the number of billboards placed along its roadways and parks despite its haphazard history of enforcing its billboard placement rules for 70 years, a judge ruled Tuesday. U.S. District Judge Paul Crotty tossed out lawsuits brought…

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Judge says NYC can limit big roadway billboards

Even if it’s not an April Fools’ joke, the latest moves by the dreaded Conficker worm are by no means an Internet Armageddon, either. The worm’s alarming outbreak entered a new phase Wednesday as clocks around the world ticked into the first day of April, the…

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Doing the worm: Tweak in ‘Conficker’ sparks fears

WASHINGTON (Reuters) – Honda Motor Co Ltd said on Tuesday it would cut production in North America by 62,000 vehicles by shutting down factories for 13 days starting in May and said it would cut pay for salaried and factory workers.

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Honda to cut North American production, worker pay

He doesn’t know exactly what the Obama administration wants him to cut, but Fritz Henderson, the new CEO of General Motors Corp., isn’t waiting around to find out. Cut deeper. Work harder. Move faster. That’s how he described the ailing automaker’s urgent…

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GM, Chrysler race deadlines to hold off bankruptcy

Desperate but divided on ways to lift their nations from economic misery, world leaders converged for an emergency summit Tuesday holding scant hopes of finding a magic-bullet solution for the crisis that brought them hurrying to London. Even as President…

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Desperate world leaders meet on economic woes

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Another Google Killer Dies

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Online Music Demand Is Up; So Is Uncertainty

Reporters who decline to reveal confidential information or sources would gain limited protection in federal court under a bill approved Tuesday in the House. The bill passed on a voice vote, although several lawmakers opposed it. Similar legislation passed…

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House votes limited court protection for reporters

Banks that have received federal aid are using the money as they see fit, in some cases providing new loans to customers, retiring debt or buying mortgage-backed securities, a chief investigator told Congress on Tuesday. The answer is the first of its kind…

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Auditor: Bailed-out banks use aid differently

Honda Motor Co. is offering voluntary buyouts, cutting workers’ pay and imposing 13 non-production days at its North American plants to reduce its production this summer by 62,000 vehicles. Honda spokesman Ron Lietzke said Tuesday that the buyouts will be…

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Honda offers buyouts, slashes pay in North America