Deerfield-based Walgreen says Chairman and CEO Jeffrey Rein has retired from the company after 26 years.

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.

Department store operator Macy's has slashed its 2008 profit outlook, as a softening economy has consumers scaling back on spending.

Investors will be watching to see whether General Motors shares will fall for a seventh straight session.

The volatile session saw the Dow drop more than 400 points in the final hour.