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The Wire: Latest headlines

  • Job seekers seek solace with fellow faithful

  • Her fellow job seekers offer knowing groans as Diane Castro recalls the day she was laid off: The fear of being summoned to the front office. The phones in nearby cubicles going off like grenades. Finally, a ring at her desk.

  • Airline BA to cut capacity, delay new planes

  • British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers.

  • China Investment buying stake in Teck Resources

  • Mining company Teck Resources Ltd. said Friday it is selling a 17 percent stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 billion) in a bid to reduce its debt.

  • GM awaits judge's ruling on sale plan

  • General Motors Corp. may have to wait out the long holiday weekend to learn if its bankruptcy plan is moving forward, after U.S. Judge Robert Gerber adjourned a three-day hearing without indicating when he will rule on GM's plan to sell its good assets to a new company.

  • HealthSouth accuses Scrushy of hiding assets

  • HealthSouth Corp. is accusing fired chief executive Richard Scrushy of hiding money in offshore bank accounts and transferring assets out of his name to avoid paying court judgments.

  • MOUNTAIN OF DEBT: Rising debt may be next crisis

  • The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It's the national debt.

  • Much-needed tax refunds delayed from Ga. to Calif.

  • Colin Daymude was out of work last year after his business failed and eagerly filed his taxes in mid-January, figuring he'd get his refund sooner. He was wrong.

  • The old is new again at Saturday Evening Post

  • The Saturday Evening Post, a centuries-old publication that helped make illustrator Norman Rockwell a household name and showcased some of America's greatest writers, is returning to its roots to show readers the value of a quiet read in an increasingly frenetic digital age.

  • Texas brewer, once near defeat, shines again

  • By all accounts, Shiner beer shouldn't have made it this long. The Spoetzl Brewery ferments its brew in a one-stoplight town that's not on the way to anywhere, and much larger regional brewers long ago succumbed to consolidation and the muscle of national brewers.

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