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KUTV Business News

Walgreen Chairman and CEO Jeffrey Rein retires
Deerfield-based Walgreen says Chairman and CEO Jeffrey Rein has retired from the company after 26 years.
GM likely to announce production cuts
A person with knowledge of General Motors Corp.'s plans says the company is likely to announce more production cuts and possible plant closures as early as next week.
Macy's slashes 2008 profit outlook in weak economy
Department store operator Macy's has slashed its 2008 profit outlook, as a softening economy has consumers scaling back on spending.
Financial turmoil, weaker sales batter GM shares
Investors will be watching to see whether General Motors shares will fall for a seventh straight session.
Final-hour sell off sends markets plunging
The volatile session saw the Dow drop more than 400 points in the final hour.


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