Business Wire

Bank of America Corp. said its board approved a plan to repurchase up to 75 million shares of common stock.

Chrysler LLC says it will cut 1,000 salaried jobs worldwide by Sept. 30.

Oil prices are extending their slide after the government reported gasoline supplies unexpectedly rose and crude supplies fell less than analysts forecast last week.

Northwest Airlines Corp. says it lost $377 million in the second quarter as fuel expenses continue to rise sharply.

AT&T Inc. says its second-quarter earnings rose 30 percent, but its revenue missed analysts' estimates.